Business News

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, […]

Mortgage holders here pay more for their loans than other borrowers around Europe, partly because of the high level of loss-making trackers still in the banking system. That’s according to a report from the Department of Finance, which looked at the reasons for the disparity between mortgage rates here and elsewhere. “Trackers, which are still […]

Mortgage holders here pay more for their loans than other borrowers around Europe, partly because of the high level of loss-making trackers still in the banking system. That’s according to a report from the Department of Finance, which looked at the reasons for the disparity between mortgage rates here and elsewhere. “Trackers, which are still […]

Grocery prices rose 1.5pc in the 12 weeks to February 24, and further increases are likely on foot of Brexit, according to market researchers Kantar Worldpanel. Extra customs paperwork plus any tariffs that emerge will make British goods more expensive for Irish importers, Kantar’s consumer insight director Douglas Faughnan said. It was the fourth period […]

Grocery prices rose 1.5pc in the 12 weeks to February 24, and further increases are likely on foot of Brexit, according to market researchers Kantar Worldpanel. Extra customs paperwork plus any tariffs that emerge will make British goods more expensive for Irish importers, Kantar’s consumer insight director Douglas Faughnan said. It was the fourth period […]

What kind of Online Safety Commissioner will the Government actually appoint? A powerful watchdog? A lame duck? Something in between? Communications Minister Richard Bruton talks about an office with the power to fine Facebook, Twitter or YouTube, or even spark a criminal prosecution. But to be effective a new commissioner has to do a few […]

What kind of Online Safety Commissioner will the Government actually appoint? A powerful watchdog? A lame duck? Something in between? Communications Minister Richard Bruton talks about an office with the power to fine Facebook, Twitter or YouTube, or even spark a criminal prosecution. But to be effective a new commissioner has to do a few […]

The chief executive of Bank of Ireland has said the bank is keeping all options on the table when it comes to reducing its non-performing loans level further. Francesca McDonagh said the bank is committed to lowering its non-performing loans and has improved its position over the past year by almost a quarter. She said […]

This year the telecoms industry will begin the transition to new fifth-generation mobile networks – known as 5G – which is expected to one day help run everything from self-driving cars to robot surgeons. The successor to the current 4G network technology introduced commercially in 2009 promises nearly instantaneous transfers of huge amounts of data […]

Borrowers availing of the Government’s Rebuilding Ireland Home Loan (RIHL) are paying over the odds for mortgage protection insurance, making the loans far more expensive than originally thought. One borrower, who didn’t wish to be named, said the high premium was making the loan – designed to help lower-­paid workers – unaffordable for him and […]