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Cerberus in €100m deal for stricken sub-prime mortgage lender Stepstone

Cerberus, the US distressed debt and private equity giant, has swooped on the stricken sub-prime lender Stepstone Mortgages in a near-€100m deal, according to sources.

Ireland needs to tackle taxes to lure leasing executives – AerCap CEO

Ireland needs to do more to attract experienced executives if it’s to maintain its position as a global leader in the aircraft-leasing sector, AerCap chief executive Aengus Kelly has warned.

Tens of thousands affected by pensions anomaly to be restored to higher rate from March – but won’t get money until next year

Thousands of pensioners who are missing out on up to €35 a week because of an anomaly in the system are to be restored to a higher rate from March – but they won’t get the money until 2019.

Iceland expands presence in Ireland as it opens doors to 20th store here

Iceland has created 26 new jobs with the opening of its 20th store in Ireland.

IMF forecasts UK will miss out on global growth

A rising tide lifts most boats, according to the latest International Monetary Fund forecasts, which saw upgrades for almost every major economy except the UK.

Ireland ranks eight of 29 economies for inclusiveness

Ireland has ranked eight out of the 29 advanced economies for inclusiveness, according to a report from the World Economic Forum (WEF).

Second Brexit debate might sound different if held above the hum of European recovery

Following what could be termed by many as a lost decade in a debt-laden eurozone, the medicine administered by the European Central Bank (ECB)

Explainer: Income limits, maximum prices and interest rates; all you need to know about the new council mortgage scheme

Today the Government will unveil plans to enable local authority’s to provide mortgages to first-time buyers, but just who is entitled to apply and how much will be available?

Rise in interest rates could now be ‘beneficial’, says Fiscal Council chief

The European Central Bank’s tapering of its quantitative easing programme will not have a huge impact on the Irish economy, Fiscal Advisory Council chief Seamus Coffey has said.

Higher mortgage rates on the way but ‘increases will be gradual’

Borrowers have been warned that European interest rates are set to rise, but the increases will be gradual and it will be 2021 before they hit 1pc.

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