Financial news

• UK security chiefs: Huawei risk in 5G can be contained

  17-02-2019 22:03
  US has pressured its allies not to use Chinese group amid fears of cyber espionageUK security chiefs have advised that the risk of using Huawei technology in the new superfast 5G could be contained despite US warnings about opening the telecoms network up to Chinese cyber-espionage, according to sources.The US has reportedly been pressuring the UK and other allies not to use Huawei technology for critical infrastructure, arguing that it could be too risky when the Chinese state is engaged in spy
  
  Read more

• Flybmi tells customers to seek refunds from credit card companies

  17-02-2019 21:26 via theguardian.com
  Sister group Loganair to take over some routes as thousands remain out-of-pocketFlybmi is advising customers to seek refunds from credit and debit card companies or rebook with other airlines after the company collapsed late on Saturday, leading to the cancellation of thousands of journeys.On Sunday night, it emerged that Flybmi’s Glasgow-based sister company Loganair, which flies to the Scottish Highlands and Islands as well as to a small number of destinations in England, Ireland and Sca
  
  Read more

• Scottish couple who moved to Denmark lament loss of Flybmi 'lifeline'

  17-02-2019 21:11
  Caroline Stewart and her husband say they face being cut off from family in AberdeenCaroline Stewart, 29, and her husband are not only up to £1,400 out of pocket, but face being cut off from their family, as Flybmi operated the only direct flights home to Aberdeen.The couple, who moved to Esbjerg in Denmark in November last year, have had numerous flights that they booked to family events, including a friend’s wedding and a grandparent’s birthday, cancelled after the airline ab
  
  Read more

• Flybmi passengers: what rights do they have?

  17-02-2019 21:07 via theguardian.com
  Passengers should be able to get alternative flights or refunds from several different sources, experts sayHundreds of passengers have had their travel plans disrupted after airline Flybmi suspended all flights and said it was filing for administration. Flybmi said it would not be able to purchase, rearrange or reschedule any flights on behalf of customers. Customers of the airline, which had operated 17 regional jet aircraft on routes to 25 European cities, have been told not to come to the air
  
  Read more

• Advertisement

• Pound to euro exchange rate: The SHOCK impact Brexit has on the pound REVEALED

  17-02-2019 14:26 via feedproxy.google.com
  BREXIT is less than six weeks away and as the countdown continues we take a look at how the pound has been affected during the negotiations.
  
  Read more

• How sky-high rents forced people into imaginative alternatives

  17-02-2019 08:59
  Tenants and others who found unusual ways to keep a roof over their head in an era of record costsRenting a property in the UK can be a bleak business. The average monthly rent rose to £932 last month and in London it is even more expensive at £1,588, according to new figures. It is of little surprise then that more young people are choosing to stay in the family home. Recent research showed nearly a million more young adults live with their parents than was the case two decades ago.
  
  Read more

• How punitive rents encourage more imaginative alternatives

  17-02-2019 08:59 via theguardian.com
  Tenants and others who found unusual ways to keep a roof over their head in an era of record costsRenting a property in the UK can be a bleak business. The average monthly rent rose to £932 last month and in London it is even more expensive at £1,588, according to new figures. It is of little surprise then that more young people are choosing to stay in the family home. Recent research showed nearly a million more young adults live with their parents than was the case two decades ago.
  
  Read more

Follow @financialnwsUK on Twitter!