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Everything you need to know about sweeping finance reforms

European finance has been abuzz over an obscure acronym – MiFID II – set to radically change how assets from stocks to commodities are traded and investors’ money is managed. EU firms have spent more than €1.6bn preparing for it. Regulators say it will protect investors, boost transparency and rebuild trust tarnished by the crash. […]

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The end is nigh for passwords and satellite dishes

Technology rules our lives these days. So what will 2018 bring? Here are five things to expect over the next 12 months. 1. Your face will replace your password For a decade, we’ve been wondering when a ‘Minority Report’-style facial-recognition service might arrive into the mainstream. With the arrival of Apple’s latest iPhone X here […]

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Ireland up in global economic table – but Asia on the rise

Ireland has risen two places in a global economic ranking, but is expected to fall over the next decade as Asian economies leapfrog those in the west. The index by the London-based think tank Centre for Economics and Business Research (Cebr) ranks Ireland 33rd in the world out of 192, up from 35th place last […]

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Five ways to spruce up your finances in the New Year

Save thousands by changing how you use your TV and phone, and by becoming more tech-savvy with bills, writes Louise McBride. The New Year is shaping up to be a mixed bag of financial fortunes. There are more jobs and higher wages on the cards, according to various economists. However, the New Year is also […]

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Why the global rush for bitcoins could end up costing us the earth

Existing only in the digital sphere but currently worth a fortune, it is the virtual currency that has gone mainstream in recent weeks. However, it has emerged that the production of bitcoins uses so much energy it threatens to seriously harm the planet. In recent months investors have flocked to the currency that exists only […]

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Festive season presents challenges for employers who want to reward staff for efforts

Q I have an accounts person who does one day a week for my company. He invoices us on a monthly basis. This arrangement has been in place for many years and I am very happy with it. This year I am giving all staff a voucher at Christmas as a thank-you for their contribution […]

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Bitcoin for dummies: Adrian Weckler’s guide to Bitcoin

Thanks to its 1,200pc rise over the last six weeks, there’s something of a Bitcoin mania afoot. Last week, two people I know came up and asked: “Should I buy some of this stuff?” After about 30 seconds, it became clear that they didn’t really know what Bitcoin was or how to actually buy it. […]

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Chaos as Bitcoin has debut on Wall Street

Bitcoin futures surged as much as 26pc in their debut session on Cboe Global Markets’s exchange, triggering two temporary trading halts designed to calm the market. Initial volume exceeded dealers’ expectations, while traffic on Cboe’s website was so heavy that it caused delays and temporary outages. The website’s problems had no impact on trading systems, […]

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How Irish households are most at risk in Europe from ECB rate hike

Irish householders and firms are most at risk of a looming interest rate hike by the European Central Bank compared to any other country in the EU, a leading Government think tank has warned. The Economic and Social Research Institute (ESRI) warned that a so-called normalisation of monetary policy in the Eurozone – by unwinding […]

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Self-administered pensions can lend via ‘P2P’ platform

Holders of self-administered pensions will be able to invest in so-called peer to peer (P2P) lending to Irish SMEs under a new scheme launched by Linked Finance. The company said its new accounts had been developed in conjunction with pension trustee companies so that they meet the typical requirements associated with the most common self-managed […]

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