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Mortgage lending growth highest in 9 years – Central Bank

Mortgage lending recorded its highest growth rate since 2009 during the month of November, according to figures published by the Central Bank, continuing a trend of positive lending seen in recent months.

Banks now required to tell mortgage holders how to save

Irish banks are now required to give mortgage customers more information about their loan in order to help them save money by moving to a better rate or switching provider.

NAMA generated €3.3 billion in cash in 2018

NAMA generated €3.3 billion in cash in 2018, according to an end of year summary of the agency’s progress.

Tax take almost €1.4bn ahead of target in 2018

More than €55.5 billion was received by the Exchequer during 2018, according to the Department of Finance.

13.5% VAT rate in hospitality sector ‘will close restaurants’

The hospitality sector has called for a review of the increase in the VAT rate which comes into effect on New Year’s day.

Changes to Consumer Protection Code come into effect

Changes to the Central Bank’s Consumer Protection Code, which aim to increase the levels of mortgage switching in Ireland and to provide greater levels of transparency for consumers, come into effect today.

Car sales fall for second consecutive year

New car sales were 4.4% lower last year when compared to 2017, according to figures from representative body SIMI, marking the second consecutive year of decline for the industry.

EU triggers plans for no-deal Brexit as Varadkar insists fall-out will not affect budget

EU triggers plan to protect EU citizens in the event of a no-deal Brexit Plans cover 14 areas most likely to be affected, ranging from financial services to aviation, customs and carbon emissions trading Irish Government prepares to publish its […]

Number of family home repossessions fall

The number of family homes being repossessed has fallen, with the improving economy helping to cut the number of mortgages in arrears.

Retailers blame ‘alarmist’ Met Éireann weather warnings for drop in footfall

Retailers have blamed “alarmist” Met Eireann weather warnings for deterring people from hitting the high streets to do their Christmas shopping.

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