Wi-fi security flaw 'puts devices at risk of hacks'

Media playback is unsupported on your device The wi-fi connections of businesses and homes around the world are at risk, according to researchers who have revealed a major flaw dubbed Krack.It concerns an authentication system which is widely used to secure wireless connections.Experts said it could leave “the majority” …

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Energy firms told to support customers in debt

Some energy companies are allowing households to build up arrears of more than £800 on their bills before intervening, according to Ofgem. The regulator is urging suppliers to step in before customers find themselves with unmanageable levels of debt. Figures for the past year showed some companies were allowing …

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Pipe perfection

“Gentility of speech is at an end,” thundered an editorial in London’s City Press, in 1858. “It stinks!” The stink in question was partly metaphorical: politicians were failing to tackle an obvious problem. As its population grew, London’s system for disposing of human waste became woefully inadequate. To relieve …

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Interest rate rise should be delayed, EY Item Club says

The Bank of England should hold off from raising interest rates next month, according to a forecasting body.Bank governor Mark Carney has said rates could go up in the “relatively near term”, with many analysts expecting a hike in November.However, the EY Item Club said such a move risked …

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Financial regulator warns of growing debt among young people

The chief executive of the Financial Conduct Authority has warned of a “pronounced” build up of debt among young people.In an interview with the BBC, Andrew Bailey said the young were having to borrow for basic living costs.The regulator also said he “did not like” some high-cost lending schemes.He …

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