Author: splash

Warning issued about serious rise in investment scams

Consumers have been warned of a serious rise in highly convincing investment scams that are being carried out by fraudsters. The scams are particularly targeted at those over the age of 55, with a minimum investment of €20,000 or more. The FraudSMART awareness initiative from the Banking and Payments Federation Ireland (BPFI) says the scams […]

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Irish mortgage rates increase in January after ECB hikes

Mortgage rates went up in January reflecting some of the effect of successive interest rate rises from the European Central Bank. New data from the Central Bank also shows an average gap between the variable rates charged by the main banks and non-bank lenders of just over 1%. The average interest rate on new mortgages […]

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Central Bank forecasts inflation to fall to 5% this year

Inflation is forecast to fall to 5% this year and household incomes are expected to improve, according to the Central Bank. In its latest Quarterly Bulletin, the bank expects the domestic economy to grow by just over 3% this year. It thinks inflation will be lower this year, due to falling energy prices, and expects […]

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Central Bank forecasts inflation to fall to 5% this year

Inflation is forecast to fall to 5% this year and household incomes are expected to improve, according to the Central Bank. In its latest Quarterly Bulletin, the bank expects the domestic economy to grow by just over 3% this year. It thinks inflation will be lower this year, due to falling energy prices, and expects […]

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US and EU to begin talks on free-trade-like status

US President Joe Biden and European Commission President Ursula von der Leyen are expected to agree to begin negotiations on ensuring free-trade agreement-like status for the European Union, according to sources. The leaders are set to meet in Washington tomorrow. Reuters reported last week that the United States and EU were working to make European […]

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23% of consumers struggling with higher grocery prices

Nearly a quarter of consumers are struggling to make ends meet due to rising grocery prices, according to research conducted on behalf of Love Irish Food. The study, carried out by Kantar, found that 23% of consumers are facing difficulties in covering the cost of shopping due to the jump in prices in the past […]

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87% of women feel more burnt-out at work since pandemic

The survey was carried out among 1,000 women and men across Ireland, with the findings published today to mark International Women’s Day. The data suggests that maintaining work-life balance post-pandemic is proving harder for women. Overall, three-quarters of those surveyed said demands on their personal time and daily routine at work have changed since the […]

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1 in 12 private vehicles in Ireland are uninsured – MIBI

The Motor Insurers’ Bureau of Ireland (MIBI) will tell an Oireachtas committee later today that Ireland may now have the highest level of uninsured vehicles in the EU. The MIBI said the level of uninsured vehicles here is now three times that of the UK and four times that found across the EU and EEA. […]

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Temporary changes to how BIK is charged on company cars and vans

The Government has announced temporary changes to how Benefit-in-Kind (BIK) is charged on company cars and vans, after complaints that reforms introduced at the start of the year were leading to big increases in tax bills for those driving them. The changes that took effect from January 1st saw a shift to a new BIK […]

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Grocery price inflation hits new record high of 16.4%

Shoppers spent an additional €113.56 per buyer in the 12 weeks to February 19 compared with the same time last year, new figures from Kantar show today. The increase comes as grocery price inflation hit a new record high of 16.4% in the latest 12 week period, up from a rate of 2.4% the same […]

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