News

Take charge: Slash banking fees by moving your current account to another bank

In the first half of 2016, just 3,600 of us, or 0.06pc, switched our current account to another bank. This is a far cry from the first half of 2014, when over 26,000 customers switched, although this was mainly due to the exit of Danske Bank and ACC Bank from the current account market. “The […]

Continue Reading

Driver (48) ‘gobsmacked and devastated’ at €19k insurance quote

A motorist was shocked when his annual motor insurance renewal quote rocketed to an incredible €19,000. Meath publican Brian Kelly (48) rang Liberty Insurance to point out what he thought was an administrative error. However, the company told him the policy price of €19,368.26 for his 2007 1.6-litre Toyota Avensis was correct. The increase was […]

Continue Reading

National Treasury Management Agency raises €4bn from bond investors

The National Treasury Management Agency has raised €4bn from bond investors this afternoon after encountering heavy demand for its latest syndicated bond issuance. It is understood the notes will deliver a yield of over 1.3pc, although the deal has yet to be priced. A spokesperson for the NTMA declined to comment on the yield but […]

Continue Reading

PTSB adds fuel to mortgage war by slashing fixed rates for new business

Permanent TSB has reduced its rates on a number of its fixed rate mortgage products for new business. The changes, will apply to three-year and five-year fixed home loans, will come into effect on Monday, April 9. Eight products in total will see the rate reductions, which range from 0.10pc up to 0.15pc. Experts are […]

Continue Reading

Household spending will soar to record €100bn as economy surges and wages rise – Ibec

HOUSEHOLD spending is set to top €100bn this year for the first time as a resurgent economy fattens workers’ wallets, business group Ibec has predicted. And we’re splashing out more on restaurants and entertainment as wages rise and more people join the workforce. Ibec, headed by chief executive Danny McCoy, has predicted household spending will […]

Continue Reading

Ireland’s economic growth could be at risk from emerging threats to competitiveness – Ibec

Ireland’s surging economic growth could be at risk from emerging threats to the country’s competitiveness, business lobby group Ibec has warned. In its latest quarterly economic outlook published this morning, Ibec has predicted that the Irish economy will grow by a robust 5.6pc in 2018, with the number of people in jobs expected to reach […]

Continue Reading

‘My worst job was weeding a 20-acre field of beet, by hand’

Mike Ross is a former Ireland and Leinster rugby player who is now commercial director with the technology company, Wizuda. He lives in Churchtown, Dublin, with his family. He and his wife have two children: a seven-year-old son and a three-year-old daughter. Ross joined Wizuda after retiring from professional rugby last year. Wizuda provides software […]

Continue Reading

Can I wait until 65 to decide on pension?

Q I’m 57 and in a defined contribution pension scheme through work. Some of my colleagues are already talking about Approved Retirement Funds (ARFs) and annuities. Do I need to plan my retirement decisions now or wait until I’m 65? Imelda, Dun Laoghaire, Co Dublin I appreciate retirement is a little bit away but ideally […]

Continue Reading

How millennials, gaming and bespoke design are shaping HP Inc’s market potential

Splitting technology giant Hewlett Packard (HP) into two separate groups stunned staff and investors alike initially, but the breakup has given HP Inc the opportunity to accelerate its innovation in response to its customer needs. On the back of former eBay boss Meg Whitman’s decision, the separation of computer and printer business (HP Inc) and […]

Continue Reading

Surge in hotel job vacancies sparks fear of skills shortages

Job vacancies in the hotel sector have surged in the five-year period up to 2017, a recruitment website has claimed. Analysis by jobs.ie found that there has been an increase in jobs vacancies in a number of key hotel roles – specifically hotel chefs, bartenders, waiters, receptionists, porters, mixologists and concierges. Every role has experienced […]

Continue Reading