EVERY WEEKDAY EVENING, TheJournal.ie brings you the five stories you need to know before you clock off for the day.
1. #ULSTER BANK: Senior figures at Ulster Bank have been answering questions from an Oireachtas Finance Committee today over the ongoing technical problems affecting up to 600,000 customers. We’ve been following the tense exchanges – LIVE – here. Despite major pressure, CEO Jim Brown still refuses to give up his bonus, which didn’t impress Senator Shane Ross one bit.
This image was captured just after Brown refused to give a ‘ballpark figure’ of what he got paid last year.
2. #AIR FRANCE: The final report of the investigation into the disastrous Air France crash which killed 228 people, including three Irish women, in 2009 was published today. It found that a combination of mistakes by inadequately trained pilots and faulty equipment caused the jet to plunge into the Atlantic.
3. #MORTGAGES: The European Central Bank has dropped its key interest rate to a record low of 0.75 per cent. However, not all Irish lenders will be passing the 0.25 per cent cut to its customers. The interest charged on tracker mortgages will automatically decrease as per contracts but other products at AIB, Bank of Ireland and Permanent TSB will remain unchanged. In some good news for Ulster Bank customers, the group said it will pass on the saving to its standard variable rate mortgage holders.
4. #MARKETS: Ireland dipped its toe back into the murky waters of the borrowing markets today, selling €500 million in short-term government debt – and it went better than expected.
5. #HAPPY HOLIDAYS: A number of Mad Men-esque aviation posters advertising flights to Ireland, discovered by Dublin Airport and published by TheJournal.ie, have pleased many of our readers today. Although flying isn’t as glamorous as it was back when the ads were made in the 1950s and 1960s, our poll shows that 42 per cent of you still enjoy air travel.