Failed hardrive in MacBook Air - 18 months old

Hi.
I have a MacBook Air that I have owned from new brought from the apple store 18 months ago.
It just stopped loading up one day a few weeks ago. (Grey screen - question mark in folder) No known reason for this..
Anyway I spoke to a very helpful apple advisor over the phone who went through some procedures and told me it was likely the hardrive had broken. He booked me in for a Genius Bar appointment and told me it was out of warrenty.
He told me it will need replacing but I can claim consumer law..? What does that actually mean? Will I have to part with any money? I don't see why I should when something relatively new has just failed on me!
Any ideas! Thank you!

I'm guessing from your username that you are from the UK (and maybe that you are female & dizzy?). If you are from the EU, the following link gives some details of the EU Consumer Law that was referred to. The fine print in the footnotes at the bottom may be helpful too. It sounds like the advisor thinks it may be covered. http://www.apple.com/uk/legal/statutory-warranty/

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