News

More than a third of products on special offer in Irish supermarkets are high in fat, sugar or salt, according to new research. Some 35pc of food and drink being sold at bargain prices was found to fall into this category. Worryingly, the balance is even further skewed in convenience stores where it is as […]

Huge numbers of people say they plan to borrow from their credit union this year, is what is set to be a major boost for the lenders. They mostly want the money to buy cars, with mortgages, holidays and third-level education also featuring as reasons for borrowing. Consumers plan to borrow an average of €8,558, […]

Tourism Ireland is set to unveil a new strategy to lure holidaymakers from the UK as it risks crashing out of the European Union with no deal and putting its economy in peril. Tourism Ireland chief executive Niall Gibbons refused to be drawn on the details of the new battle plan, but said it would […]

SWITCHING energy supplier is extremely quick and easy and it can all be done online in the space of a few minutes. There’s no need for any messy paperwork or to give 30 days’ notice to your current provider before cancelling. In fact you don’t even have to contact your current supplier to let them […]

Sterling gained ground following British prime minister Theresa May’s comments that she would seek further concessions from the EU on the Brexit Withdrawal Agreement. Britain’s pound had been volatile ahead of the statement, but later hit session highs against the US dollar after Mrs May promised to be more open with parliament in negotiating the […]

The political anoraks say one thing. Investors say another. That is how things are shaping up after a tumultuous week in British politics as Theresa May’s Brexit plan was shot down in flames. Arch Brexiteer Jacob Rees Mogg hosted a champagne party as his Grade II listed home following the bruising defeat of the May […]

The European Central Bank is expected to wait until the fourth quarter to raise its deposit rate, later than thought just a month ago, according to economists in a Reuters poll. The poll also showed that the chances of a euro zone recession have grown. Reuters polls since June 2018 have predicted that after ending […]

Dealing with an unregulated firm or product could leave you with nowhere to turn to if things go wrong. Most of us expect to have somewhere to turn for redress if things go wrong with a loan or investment. This isn’t always the case though. When you borrow money or invest in something, you usually […]

PayPal Holdings, the global online payments company, is extending Money Pools – its online community savings product – to Irish consumers. Money Pools allows users to set a group fundraising goal and then share that goal with a group. “We created Money Pools because we felt that there was a need for this type of […]

Some insurance products may no longer be available to Irish consumers if there is a no-deal Brexit, the Central Bank has warned. Deputy Governor Ed Sibley said this morning that the supply of “niche” products may reduce or end altogether. That’s because policies underwritten from the UK or Gibraltar will face more regulatory friction after […]