An Post lines up mortgage market entry as profits rocket
An Post is looking to launch its mortgage product in the spring of next year, it said on Wednesday when announcing a loan product that offers up to €75,000. At a briefing in the GPO, the company’s head of retail, Debbie Byrne, said its consumer lending product will go live this month, allowing customers to […]
One-in-three people admits being ‘very worried’ about their finances
A third of people in this country are “very worried” about their finances. More than half also have no pension, according to research commissioned by Bank of Ireland. One in four would not last a month without having to borrow if they lost their main source of income. The bank is spending €5m this year […]
EU adds 10 countries, including UAE, to tax blacklist
The European Union expanded its tax haven blacklist by 10 countries today, adding the United Arab Emirates and Bermuda despite the objections of powerful member states such as Italy. The list now contains 15 countries. It was first drawn up in 2017 in the wake of several scandals, including the Panama Papers and LuxLeaks, that […]
Sterling plummets after UK attorney general says legal risks of Brexit unchanged
The pound sank in volatile trading today after Britain’s attorney general said the legal risks of a Brexit deal with the European Union had not changed. This cut the chances of the agreement getting through the British parliament. Geoffrey Cox said a revised Brexit deal, secured by Prime Minister Theresa May last night with the […]
Sterling rises as traders position for Brexit showdown
Sterling rose today in volatile trade as investors braced for parliamentary votes on Prime Minister Theresa May’s Brexit’s deal that could decide on what terms – if at all – Britain leaves the EU in less than three weeks. No breakthrough emerged from weekend talks between the British government and the EU. As a result, […]