Financial news

• Catastrophes and crowded skies set Iata’s airlines thinking

  25-05-2019 17:00 via theguardian.com
  Executives gathering for the international aviation body’s annual summit have much to discuss this yearEven without missiles being test-fired into the sky by a hostile regime 35 miles to the north, airline executives might be a little tense next weekend. More than 1,000 of them will gather in the South Korean capital, Seoul, for the big event in the industry’s calendar, the International Air Transport Association’s general meeting. Many Iata members have a degree of protection
  
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• Mothercare annual losses fall by 20% to £87.3million

  25-05-2019 15:41 via feedproxy.google.com
  MOTHERCARE annual losses rose 20 per cent to £87.3million as sales fell, but insists it is taking baby steps towards recovery.
  
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• As Jamie's goes to the wall, we run the rule over other Italian dining chains

  25-05-2019 09:00
  How do Franco Manca, PizzaExpress, Carluccio’s and Jamie’s Italian rate in our finance and food tests?Following the demise of Jamie Oliver’s restaurant empire, the Guardian has run a finance and food test on four Italian dining chains on the high street. Continue reading...
  
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• Tickets: can you trust the new wave of resale sites?

  25-05-2019 08:45
  Beat the touts by using big agencies’ fan-to-fan services, or bag a deal at their ‘ethical’ rivalsIf you’re keen to go to a sold-out or popular gig, festival or event, there are lots of ticket resale websites out there – but who can you trust, and what’s it going to cost you?The so-called secondary ticketing market has long been viewed as a “wild west” sector, with sites such as Viagogo coming under fire for their practices. But now there is a new
  
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• Hope for 'mortgage prisoners’ as MPs and regulator act to free them

  25-05-2019 08:30
  Thousands of homeowners whose banks collapsed in the financial crisis have been unable to move to a cheaper deal
  Thousands of mortgage customers of now-defunct banks who had their loans sold on after the financial crisis are hoping new moves by regulators and MPs will free them up to shop around for cheaper deals.These borrowers, dubbed “mortgage prisoners”, include Jayne Emsley and her husband, who took out a Northern Rock mortgage in 2006 and are now with Landmark Mortgages, which
  
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• What is 5G and when can I get it in the UK?

  25-05-2019 08:00
  All you need to know about the next generation mobile phone networkAfter years of hype, the switch will be flicked on the UK’s first 5G network on 30 May. Network operator EE, part of BT, will be first out of the blocks. According to telecoms and phone firms the benefits of 5G are obvious – but what exactly is it, how can you get it and how much is it going to cost? Continue reading...
  
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• Tesco and Which? to stop offering mortgages

  25-05-2019 08:00
  Supermarket giant and consumer body say existing customers will not be affected for the time being
  Two household names this week announced they are pulling out of mortgages, seemingly because the margins aren’t big enough.On Tuesday, Tesco announced it had stopped new mortgage lending and was planning to sell its £3.7bn home loans portfolio. It currently has a little over 23,000 customers. Continue reading...
  
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• Speeding, congestion and protest: the dark side of Scotland’s North Coast 500 route

  25-05-2019 08:00 via theguardian.com
  For locals, the phenomenal success of this driving route means blocked roads, a racetrack mentality and mess, rather than the promised benefits to businessAt Bettyhill General Merchants, a convenience store and post office in a remote village on Scotland’s far north coast, perched above the spectacular dunes of Torrisdale Bay, owner Susan Malone is anticipating the summer tourist season with ambivalence.“There’s a sense among locals that the situation is going to get worse this
  
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• ‘My flat was built in 2017 so why can't I get BT or Sky broadband?’

  25-05-2019 08:00
  Jennifer Offord’s new-build does not allow her to sign up to internet and TV from major providersWater, gas, electricity and broadband are essential household utilities, but a large number of new homes are being built without the infrastructure for a decent broadband connection – or, in some cases, with no service at all.Jennifer Offord, 36, bought her new-build flat in Hackney, east London, in February 2018, four months after it had been completed, only to find out she was not able
  
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• Is it worth spending £350 on an inflatable hot tub?

  25-05-2019 08:00
  We saw Aldi was selling one, but were wondering if they were throwing money down the drainEvery 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.We have always fancied a hot tub, but never had the money. However, we noticed that Aldi was selling an inflatable one for £350. Do the cheap ones do the job, and do they last? I don’t want to throw my money down
  
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• ‘I work in a hotel, and spend about £6,000 a year on travelling’

  25-05-2019 08:00
  Angela Finocchiaro on how she has managed her finances since moving to the UK from SicilyName: Angela Finocchiaro
  Age: 43
  Income: £26,500
  Occupation: Reception managerI was born in Catania in Sicily, but I moved to London almost 10 years ago. I first started working in the hospitality industry when I arrived in the UK, as a receptionist, and I was only paid £14,500 a year then. I now work as a reception manager in a central London hotel. Continue reading...
  
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