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 […]
Read MoreDon’t get left out in the cold: switching energy supplier could save you €260 a year
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 […]
Read MoreSterling gains following May’s Brexit ‘Plan B’ statement
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 […]
Read More‘Brexit anoraks say one thing, but the market says something else’
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 […]
Read MoreECB rate hike to be delayed as recession risks rise again – poll
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 […]
Read MoreCheck stamp of approval when investing or borrowing money
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 […]
Read MorePayPal offers Irish customers new way to share bills or fundraise together
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 […]
Read MoreSome insurance products ‘may no longer be available to Irish consumers in no-deal Brexit’ – Central Bank
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 […]
Read MoreEmployers shy away from people who have had short-term jobs
Two thirds of employers have opted not to interview someone who has had short-term jobs in the past. This is according to research from global job site Indeed. In seeking to define “job hopping”, on average employers consider six months to be a short-tenure to spend in a job, and employees consider 11 months a […]
Read MoreCapital projects affected by rising costs and labour shortages
Minister for Finance Paschal Donohoe has signalled possible changes to the start dates of major capital projects because of rising costs and labour shortages. At the Budget Oversight Committee, he said a much faster than expected rise in the number of large scale capital projects by the private sector was causing, leading to competition for […]
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