Sean FitzPatrick- arrested again
Former Anglo Irish Bank chairman Sean FitzPatrick has been arrested again in the ongoing inquiry into alleged financial irregularities . He was arrested on Friday 9th Dec and is being held at Bray...
View ArticleLandlords Advised to Pass on Household Charge to Tenants
Although tenants will not be directly liable for the new Household Tax – it looks like many private tenants will be expected to pay an amount to cover the new charge to landlords on top of their rent....
View ArticleIllegal use of personal data by Insurance companies.
Three insurance companies have pleaded guilty in a Dublin district court to illegally using social welfare information obtained through a private investigator. FBD , Zurich and Travelers Insurance...
View ArticleHousehold Income in Ireland Hit Hardest by Austerity
A recent EU study showed that households in Ireland experienced , in relative terms , the largest reductions in disposable income because of austerity measures imposed on them. The study by the...
View ArticleBloxham forced to cease operations after financial irregularities.
At 5pm last Friday, the Dublin-based securities firm, Bloxham, was ordered by the Irish central bank to cease all regulated activities . Following a definite line of enquiry by the Central Bank, the...
View ArticleMore Bank of Ireland Account Charges from November
Recent changes to AIB current account charges hit hundreds of people this month. Now BOI have announced that they are changing their rules on bank charges from November this year – and many more...
View ArticleIncome Survey Shows Contrasting Results
The latest results of a financial survey organised by the Irish League of Credit Unions were released today. It’s called the “What’s Left Tracker ” – and one of the statistics collected is how much...
View ArticleIBRC Liquidation and Promissory Notes – What is going On ?
We will try and give a quick dummies guide to what the heck is hapening with all the stuff about the ECB , IBRC and the promissory notes. It’s all getting very complicated and most people are just...
View ArticlePublic Sector Unions Agree Deal on Pay Cuts
An agreement has been reached between the government and the public service unions on cutting €1 billion off the public sector pay bill. (Despite some major trade unions walking out of negotiations)...
View ArticleBank Of Ireland UK Raising Tracker Mortgages
Usually when you take out a tracker mortgage it is set for life at a base rate plus a specific margin or differential. In the “good old days” the banks here in Ireland were handing out trackers with...
View ArticleAnglo Irish Tapes – No Action To Be Taken
Back in June 2013 some taped phone calls between staff at Anglo Irish Bank were “leaked” by the Irish Independent. See Here The conversations suggest that the Financial Regulator was misled by staff...
View ArticleBord Gais Energy Sale – Was it a Bargain for Centrica ?
As part of the disposal of state assets to try and pay off Ireland’s debts – the sale of Bord Gais Energy has been agreed this week. The headlines say that Bord Gais Energy (BGE) is to be sold for €1.1...
View ArticlePay of CEO of Centrica (Owners of Bord Gais Energy)
There has been a fair bit of coverage in some of the media about the “bonuses” or performance related pay of some Irish Water staff. Irish Water is a semi-state company -and there is a cap set by...
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