Regional economic development minister Michael Ring is to bring forward a national policy for social enterprise. The move comes four years after a Forfas report prepared for Government recommended such action. Ring’s department &ndash...
Read MoreThe 60-second guide to… organising your pension and will
Pensions and wills are some of the most common things which people put on the long finger. Make 2017 the year that you either start paying into a pension (if you’re not doing so already) or that you ensure that you’re saving enough...
Read MoreFirst-time buyers’ Help-to-Buy scheme opens for applications today
The new Help-to-Buy scheme for first-time buyers, announced in the Budget last October, opens for applications today. First-time buyers can recoup up to €20,000 in a tax refund to put towards the cost of purchasing a property. Just last...
Read MoreMarkets quiet ahead of Christmas
European stocks were little changed, after two straight weeks of gains, as investors kicked off the last full week of trading of the year. The Stoxx Europe 600 Index fell just 0.13pc in London. The Stoxx 600 is on course for its first annual...
Read MoreChristmas showdown as SuperValu and Dunnes go head-to-head in battle for consumers
Dunnes Stores and SuperValu now hold an equal share of Ireland’s multi-billion euro grocery market, as the pair battle it out for supremacy among consumers over Christmas. New figures from research group Kantar Worldpanel show the retailers...
Read MoreNumber of mortgage holders who lost good-value trackers may rise over 10,000 by time investigation completed
It could be summer before everyone who lost a good-value tracker mortgage is identified and contacted by their lenders. So far, about 8,200 mortgage holders who lost trackers through the actions of their lender have been identified by the banks...
Read MoreBank of Ireland admits over-charging thousands of its mortgage customers
Bank of Ireland has admitted over-charging thousands of its mortgage customers. It is the latest twist in the tracker mortgage scandal. The bank had already restored 2,100 customers to good value tracker rates in 2010. Now it says it has found...
Read MoreFour firms – including Ireland’s Davy – appointed to assist in AIB’s stock market flotation
Four firms have been given the potentially lucrative mandate to manage the planned sale of around 25pc of AIB, including Ireland’s Davy. The Department of Finance has appointed Bank of America Merrill Lynch, Davy and Deutsche Bank as...
Read MoreProperty prices continue to rise as lack of homes for sale keeps pressure on buyers
Property prices continue to rise nationwide, as a lack of homes for sale keep the pressure on buyers. New figures show that prices rose an average of 7.1pc in the year to October. This compares with an increase of 7.6pc in the year to September...
Read MoreWarning that public sector wage rows could drive up costs for Irish companies
Wage disputes in the public sector threaten to drive up costs across the economy, according to the ESRI think-tank. A report published today also says there is little clarity on the difference between public and private sector remuneration. In...
Read MoreCentral Bank expects Brexit relocation decisions early in 2017
The Central Bank expects UK financial services firms affected by Brexit to make a decision on relocating here or elsewhere in the EU in the first half of 2017. At a press briefing to launch its latest macrofinancial review, Ed Sibley, director of...
Read MoreDollar at highest against euro since 2003
The dollar climbed to the highest level since 2003 against the euro and gold plunged as the prospect of a steeper path for US interest rates filtered through markets. US stocks fluctuated after the worst day in two months. The dollar extended its...
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