Business News

Everything you need to know about switching your mortgage

29th July 2020

Switching your mortgage could be one of the most financially savvy things you ever do. The Association of Irish Mortgage Advisors says an estimated eight in 10 Irish homeowners on a standard variable rate could be paying more than they need, so switching to a fixed rate could save you money each month. Switching to […]

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Interest rate war brews as new bank joins market

29th July 2020

A Spanish banking giant is to enter the Irish mortgage market in a move sure to put massive pressure on existing lenders to slash their rates. The move came as Permanent TSB cut its variable and fixed rates, and performed a U-turn by making the rates available to existing customers, not just new borrowers. Mortgage […]

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Interest rate war brews as new bank joins market

29th July 2020

A Spanish banking giant is to enter the Irish mortgage market in a move sure to put massive pressure on existing lenders to slash their rates. The move came as Permanent TSB cut its variable and fixed rates, and performed a U-turn by making the rates available to existing customers, not just new borrowers. Mortgage […]

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Retail bounced back in June as shoppers rushed out after lockdown

29th July 2020

Customers rushing back into shops as the lockdown eased in June lifted the value of retail sales back to pre-Covid 19 levels. Retail sales rose by a record 38.4pc in June compared to May, according to the Central Statistics Office (CSO). More strikingly, on an annual basis retail volumes were 3.5pc higher in June 2020, […]

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Retail bounced back in June as shoppers rushed out after lockdown

29th July 2020

Customers rushing back into shops as the lockdown eased in June lifted the value of retail sales back to pre-Covid 19 levels. Retail sales rose by a record 38.4pc in June compared to May, according to the Central Statistics Office (CSO). More strikingly, on an annual basis retail volumes were 3.5pc higher in June 2020, […]

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Irish companies show impressive flexibility with diversification to Europe

28th July 2020

One of the challenges we face in growing our economy is the limited size of our domestic market. Ireland’s entry into the then EEC in 1973, and subsequent adoption of the euro in 2002, opened the door to a large and developed marketplace. As the EU has progressed and expanded the four freedoms – goods, […]

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Irish companies show impressive flexibility with diversification to Europe

28th July 2020

One of the challenges we face in growing our economy is the limited size of our domestic market. Ireland’s entry into the then EEC in 1973, and subsequent adoption of the euro in 2002, opened the door to a large and developed marketplace. As the EU has progressed and expanded the four freedoms – goods, […]

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Minister signals that couples with combined income of more than €75k will be eligible for affordable homes scheme

28th July 2020

HOUSING Minister Darragh O’Brien has signalled that couples who have a gross combined income of more than €75,000 will be eligible for a new affordable homes scheme. He also told the Dáil that he intends the guide price for such housing to be between €160,000 and €260,000 as he clashed with Sinn Féin’s Eoin Ó […]

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Minister signals that couples with combined income of more than €75k will be eligible for affordable homes scheme

28th July 2020

HOUSING Minister Darragh O’Brien has signalled that couples who have a gross combined income of more than €75,000 will be eligible for a new affordable homes scheme. He also told the Dáil that he intends the guide price for such housing to be between €160,000 and €260,000 as he clashed with Sinn Féin’s Eoin Ó […]

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Savings levels hit highest level since last economic crash

28th July 2020

HOUSEHOLD savings have hit their highest level since the last financial crisis. People spent less in the first three months of the year which meant that they put more money aside. The savings level was higher than any time in the last six years, the Central Statistics Office (CSO) said. “Household saving increased in the […]

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