Author: splash

The organisation that represents the suppliers of the majority of medicines in Ireland has warned of an increasing risk of shortages due to the impact of inflation. Medicines for Ireland (MFI) said that there are currently 186 medicines listed as being in short supply by the Health Products Regulatory Authority. MFI said that without an […]

Consumer sentiment tumbled to levels last seen during the global finance crisis 14 years ago as concerns about the impact of sharply higher energy bills hammered the outlook for household finances, a survey showed today. Confidence has fallen in seven of the last eight months in line with inflation climbing to a near 40-year high. […]

The State pension age will remain at 66 and people will be offered the choice to work until 70 in return for higher payments, Minister for Social Protection Heather Humphreys has confirmed. Long-term carers will also be provided with a pension for the first time. The Government has also committed to explore a new scheme […]

Oil prices ticked up today on supply concerns, but expectations of another aggressive US interest rate hike capped gains amid investor concerns it could lead to a recession and hurt fuel demand. Brent crude futures rose 11 cents, or 0.1%, to $90.73 a barrel in early trade after falling $1.38 the previous day. US West […]

More than three quarters of Irish people believe the energy crisis is harming the EU economy while nearly 60% of people say member states should be allowed to delay meeting their EU climate change targets in order to tackle the energy crisis. The findings are part of today’s Red C/European Movement Ireland opinion poll, which […]

New research shows that significant gaps remain in Irish pension planning, with 38% of people surveyed having no pension in place. The research was carried out by the Competition and Consumer Protection Commission (CCPC) and comes during Pensions Awareness Week. When asked by the CCPC the reasons for not having a pension in place, 32% […]

New Central Bank figures show the downward trend in the level of mortgage arrears seen over the past number of years continued during the second quarter of 2022. The Central Bank said the number of home mortgage accounts in arrears fell by 2,071 in the second quarter of the year after a decline of 292 […]

Minister for Social Protection Heather Humphreys is bringing proposals to Cabinet to ensure the State pension age remains at 66 – rather than 68 as recommended by the Pension Commission. It is understood Ms Humphreys is also recommending a flexible pension age, in which people who choose to work beyond 66 years of age receive […]

Most of us have been peering at our gas and electricity bills through our fingers in recent months. And the fear that accompanies the arrival of what increasingly resembles a mortgage repayment is about to intensify even further. Some have already reported receiving utility bills that are two to three times what they were paying […]

Tánaiste Leo Varadkar has said the main objective of this year’s Budget is “putting more money in people’s pockets” and also reducing the bills people have to pay. Speaking on RTÉ’s The Week in Politics, he said there are three elements to a household budget, “what you get paid, how much you get to keep […]