Financial news

• Airbus ‘in a holding pattern’ waiting for the nuts and bolts of Brexit

  14-07-2018 18:01 via theguardian.com
  The aerospace giant caused a storm when it warned that a bad EU deal could see it relocate. But for its hi-tech plants in Wales and Bristol, that is just business realityIt doesn’t take long for Katherine Bennett’s frustration to boil over when the issue of Brexit is raised. “It’s not as easy as Jacob Rees-Mogg thinks,” said the boss of Airbus UK. “We don’t just export cheese or cider to another country.“We have parts that go back and forth to diff
  
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• Falling orders fail to calm Boeing and Airbus’s transatlantic rivalry

  14-07-2018 17:00 via theguardian.com
  The manufacturers will continue to scrap over widebody planes, but a new front has opened with regional jetsThe latest skirmish in the never-ending war between Airbus and Boeing, the duopoly at the heart of the commercial aerospace industry, will be fought at the Farnborough airshow this week.It has not been a vintage year for either half of this great corporate rivalry as they vied for new aircraft orders without much success. The American producer Boeing has snagged orders for 306 planes so fa
  
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• Ryanair passengers taken to hospital after emergency landing

  14-07-2018 13:13 via theguardian.com
  Dublin to Croatia flight landed in Frankfurt after the cabin became depressurisedMore than 30 passengers on a Ryanair flight were reportedly taken to hospital after the cabin became depressurised and the aircraft had to make an emergency landing in Frankfurt.A passenger on Friday’s Dublin to Croatia flight said on Facebook that the air went cold, oxygen masks dropped and there was a “dive of 3,000 metres in less than one minute”. Continue reading...
  
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• Investment banks thought they were smart enough to predict the World Cup. They weren't

  14-07-2018 12:00 via theguardian.com
  It has become a tradition to make predictions using sophisticated AI and statistical modeling ... but its track record falls flatPoor Mystic Marcus. The supposedly-prophetic pig who predicted that England would beat Croatia on Wednesday has been vilified on social media following England’s loss, with fans calling for him to be turned into bacon. Related: Ivan Rakitic: Croatia will have 4.5m players on pitch in World Cup finalContinue reading...
  
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• Where to move for… affordable rents

  14-07-2018 09:00
  The percentage of our wages spent on rent has fallen over the past decade. But which areas are the best value?I think we can all agree where not to move. Analysis last month by property firm CBRE claimed London residential rents were the highest in the world. Another in April by property investors Landbay reported that renting Londoners spend (wow!) 89% of take-home income on rent; though a survey by the BBC and Hometrack found it to be more like 41% of income.If you can’t avoid the capita
  
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• Wingly: will the ‘Uber of the skies’ take off?

  14-07-2018 08:00
  Flight-sharing sites offer a cheap way of crossing the Channel or seeing the Dales from the airWe’ve had cars and bikes, and now the sharing economy is going airborne with services that allow the public to take to the skies in an affordable way.Flight-sharing websites such as Wingly claim to be bringing private aviation to the masses and giving ordinary people the chance to pop over to France for lunch in a private plane, or nip across to the Isle of Wight for tea, without having to take o
  
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• Why is it so hard for banks to stop the fraudsters?

  14-07-2018 08:00
  Banks are accused of failing to shut accounts used by scammers – but that could soon changeThey are a close-knit band of anonymous fraud fighters, who crusade for justice for victims of online crime – and spend much of their time “baiting” and catching the crooks. But what infuriates “Buster Jack” and his secretive colleagues is when they warn a bank about a fraud – such as identifying an account used by crooks – and the bank fails to act.Acco
  
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• What's the best defence against midges?

  14-07-2018 08:00
  I don’t understand why they go for some people, not others – and how I can stop the itchingEvery week a Guardian Money reader submits a question, and it’s up to you to help him or her out – a selection of the best answers will appear in next Saturday’s paper.I was in the Lake District last weekend and got bitten to pieces by midges. Why do they go for some people (like me) and not others (like my partner)? What’s the best defence against them, and what’s
  
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• Rented property licensing: crackdown on rogue landlords or money grab?

  14-07-2018 08:00
  Owners are angry with councils for demanding hundreds of pounds for licences and claim it’s just to boost coffersLandlord licensing schemes are popping up all over the country as local authorities attempt to crack down on rogue operators.Nottingham city council’s scheme starts next month, while the London borough of Bexley’s begins in October, and Brighton is awaiting official approval for a scheme that would affect 27,000 properties. Luton is one of a number of other areas dis
  
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• ‘I’m on £14,500 a year and it’s a knife-edge lifestyle’

  14-07-2018 08:00
  Children’s services support officer Claire Mynott on her finances – and why it is a scandal how little women are paidI live on the brink. I work 35 hours for 39 weeks plus five weeks’ paid leave and, as a result of recent changes, three of us are doing the job of five, which means we are always playing catch-up.I’m now on £14,512 a year. It’s a knife-edge lifestyle. I just scrape by, but if anything unexpected happens it tips me over the edge and I have to bor
  
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• I was mugged on holiday. Don’t make the mistakes I made | Patrick Collinson

  14-07-2018 08:00
  I’d just written about holiday money but hadn’t reckoned on the gangs that target touristsIt happened within an hour of arriving at Barcelona airport – and just a day after I had filed a piece on holiday money for these pages. What I hadn’t reckoned on was the organised gangs that are out to target tourists, particularly, it has to be said, in Spain. And how, with just a few simple steps, I could have protected myself (and my money).This is what you’re supposed to d
  
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• Value chain books its expansion with float

  14-07-2018 06:05 via feedproxy.google.com
  THE boss of discount retailer The Works insisted there has “never been a better time” to roll out more stores as it gears up for a £100million London stock market listing next week.
  
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