Barney Durrant’s father worked for British Airways when he was younger. So when the share price of BA’s parent company began tumbling earlier this year, he saw “an opportunity.”
“I felt they would come back reasonably quickly,” Durrant, a self-employed digital marketing consultant from East Grinstead, said of airline stocks. “They were at such a massive low.”
A few weeks into lockdown he signed up to online trading platform Saxo and bought shares in BA’s parent company IAG (IAG.L). He also picked up stock in easyJet (EZJ.L) and a few other bombed out big names such as engine maker Rolls-Royce (RR.L).
Durrant is one of thousands of Brits who have joined trading and investment platforms since the COVID-19 pandemic began. A combination of market volatility, lockdown