News

An Post has announced a rise in the price of an international stamp as well as increased prices for some large envelopes and parcels. But the cost of a stamp for sending a letter or card in Ireland is staying at €1, An Post said. An Post said its rates are in line with comparable […]

Revolut’s alternative banking services already appeals to more than 200,000 Irish users – but now the fintech is looking to expand its target market. The London-based fintech’s latest move allows its existing customers to add their children to their account as a secondary user. Through the Revolut Youth app, children can choose their own card […]

The Government has formally launched a new State lender that will finance house building.   Home Building Finance Ireland (HBFI), will lend up to €35m per scheme and up to 80pc of the development cost of housing schemes. It is aimed at small and medium sized builders/developers. HBFI has an initial €750m of State funds […]

A no-deal Brexit would significantly impact and change the economics of bringing a car from the UK into Ireland. That is according to the Chairman of the Revenue Commissioners, who is appearing before the Oireachtas Finance Committee. Niall Cody said if the UK leaves the EU those who buy cars in the UK will be […]

FINANCIAL firms have been warned by the ombudsman for sector to treat customers fairly. Financial services ombudsman Ger Deering’s warning came after making findings against a large number of them. He said financial firms are often not willing to listen to customers or engage properly. His decisions are legally binding. The ombudsman has the power […]

Pavel acquired a credit card in 1998 and made the necessary repayments on the card every month until October 2012, when he accidentally underpaid the amount by €19. He called the lender in November to say that he would make the payment of €19 as well as the late fee charge of €15. But following […]

A new option has been offered for those in deep arrears. Anyone considering the scheme would be wise to get independent financial advice. Here is how it works: Q: What is this latest scheme to help those in mortgage distress? A: The Arizun ‘Stay In Your Home’ solution is a private rental scheme targeted at […]

Brexit presents an opportunity for Ireland to win foreign direct investment (FDI) that would otherwise have gone to the UK, according to IDA boss Martin Shanahan. However, UBS chairman Axel Weber, formerly the head of Germany’s Central Bank, warned the World Economic Forum that a no-deal Brexit would have “real spillovers” for the global economy. […]

There has been a fall in the number of people applying for court-approved debt deals. Around 1,000 people got an approved insolvency deal to keep them in their homes last year, a rise on the previous year, according to the Insolvency Service of Ireland. There has been a fall in the numbers being declared bankrupt. […]

Sterling jumped to a 2-month high against the euro after strong employment data suggested Britain’s labour market remained robust despite an economic slowdown ahead of Brexit. The pound slumped 7% in 2018 on Brexit concerns but it has started the year on the front foot with some investors viewing medium-term sterling valuations as decently priced. […]