News

Survey finds running family car costs over €10k per year

The survey, carried out by The AA, shows that while fuel prices have fallen in the past 12 months, a major rise in insurance costs means the average figure has fallen by just €17.60.

The typical motorist has experienced a 20% rise in premiums.

New mobile network set to enter Irish market

iD claims it will save consumers €166 per year and allow personalised phone plans.

New network iD is set to shake up the Irish mobile market, with individually tailored plans it hopes will be popular with consumers.

Ulster Bank allows movers to keep tracker-type deal for longer

House movers who have an Ulster Bank tracker mortgage are set to benefit from a change in the rules.

The bank is to allow those tracker holders who are moving house to keep a tracker-type rate for 10 years, in a move that puts it up to other lenders.

European stocks rise for a second day

European stocks extended a rebound after the worst weekly drop in more than a month, amid signs the US economy is strengthening.

By the close in Dublin, the ISEQ Overall Index was up 0.82pc, or 53.36 points, to end the trading session at 6,591.16.

AIB refund: Over 100,000 customers may be entitled to compensation

AIB refund: Over 100,000 customers may be entitled to compensation over card protection policies. AN estimated 110,000 AIB customers may be entitled to a refund following a review by the bank of their card protection policies.

Retail Ireland wants cut in top rate of tax

Retail Ireland’s urging the Government to cut the top rate of tax to boost consumer spending.

It is among the proposals in its pre-Budget submission.

It's a taxing matter, so save where you can

No big tax cuts expected in Budget 2016, but don’t delay in slashing your own tax bill.

For the past few months, the Government and various think-tanks have been playing down expectations for tax cuts that might form part of the next Budget in October.

Irish exports a fifth higher last month on 2014 figure

The value of Ireland’s crucial export sector was around a fifth higher in June than the same period last year.

Compared to May, however, exports were relatively flat.

Preliminary figures for the month showed that seasonally adjusted exports remained relatively unchanged at €9.1bn compared to May.

Clear signs of confidence returning to consumers following the recession

The retail sector is showing signs of a sustained recovery for the first time since the crash, but the industry is still rife with problems, a trade group has warned.

In its report on the state of the sector between April and June this year, Retail Ireland said there were clear signs that a “change in mindset [among consumers] does appear to have taken hold this year”.

Ireland sheds status as one of euro zone’s weakest members

Ireland’s bond rally has already allowed it to shed the stigma attached to the euro-region’s weakest members. Next stop: joining the area’s strongest.

Though yields on 10-year Irish government bonds have plunged to 1.2 per cent from 14.2 per cent in July 2011, there is probably more room to go as Ireland continues to rebound after the worst recession on record, said analysts from Copenhagen to Dublin. France pays 0.95 …

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