Pension Iberia

1. What an unfolding disaster for British pensioners in Spain @grahamkeeley

As if Spain's inflation rate of 10.5% wasn't already bad enough, their pension earnings are 7.5% lower than the beginning of August, when converted to Euros!

And no floor in sight for GBP's decline. Source

2. Re @oldbunks @Jimitakesover @BaBetrayal @AirEuropa @British_Airways Actually, since the merger, Iberia's money has been going to save BA's pensions and will this will keep going on until 2026. But of course, BA is the poor victim and Iberia and Spain are the bad guys. Iberia went from 200+ aircraft to just over 80 since the merger... Source