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Wednesday 28 October 2020
The least affordable area for first-time buyers is Dun Laoghaire Rathdown in Dublin, while the most affordable county is Roscommon.
Is it reaching desperate levels yet?
The survey also found that we lie about being ‘in the taxi’ when we’re running late!
It’s the second cut in six months.
*Except tracker mortgage holders.
The disappearance of the original versions of two letters copied to finance minister Brian Lenihan has been uncovered by the Sinn Féin TD Pearse Doherty through Freedom of Information.
There is a higher afforability level in Dublin due to property prices increasing by up to 12.1 per cent.
Trust us, you’ll recognise these gems. You might have even said them yourself.
Management has agreed to set a date for the payment of outstanding sums.
The Unite trade union has said that a strike notice will be served as early as next week if a resolution is not reached in talks.
The former building society said today that the issue affected approximately 2,500 transactions.
Here are the things we learned, loved and shared today…
The rate increases vary from 0.25 per cent to 0.4 per cent.
Ireland will still guarantee bonds issued by banks since 2010, but will no longer guarantee new bonds or high-level deposits.
Five Deputies applied to join businessman David Hall’s challenge to the payment of promissory notes, saying it was in the public interest for the case to go ahead.
Research from EBS shows that people aged 16-24 are now more confident about their economic well being than this time last year.
The approval is seen as routine and may be the last extension, with the possibility of a withdrawal early next year.
A seventh institution asked not to be named by the regulator.
Figures revealed for the first time show that 38 per cent of mortgage applications were rejected last year.
With as many as one-in-four bank branches set to close, we’re asking you if you use online banking or still prefer to visit your local branch.
The bank noted that its 0.35 per cent reduction is greater than the European Central Bank cut.
NAMA says 32 of the 115 properties made available under its ’80:20′ scheme two weeks ago have been taken already.
NAMA’s pilot scheme will encourage first-time buyers to buy houses by protecting them from a 20pc fall in house prices.
The Finance Minister has confirmed that 24 staff at the institution, which is 99.8 per cent owned by the State, are continuing to receive salaries in excess of €250,000.
The bank – which is 99.8 per cent owned by the taxpayer – still pays fees for thousands of staff, despite a State ban on bonuses.
Law firm Arthur Cox seems to be the big winner in terms of consultancy contracts with the Central Bank, NTMA and Department of Finance.
5 minutes, 5 stories, 5 o’clock…
94 per cent of Unite members withdraw their action and to accept a deal brokered at the Labour Relations Commission last week.
Staff at the building society were due to walk out tomorrrow, but have agreed to LRC talks with management.
Staff will picket EBS branches and the offices of its parent bank AIB, in protest at the withholding of a December payment.
However, Unite said it was hopeful the decision not to make a Christmas payment would be reversed.
Staff at the State-owned building society say their ‘Scrooge-like’ employer is withholding an annual payment of four weeks’ pay.
5 minutes, 5 stories, 5 o’clock…
Some staff are picketing tomorrow over the building society’s decision to cancel a traditional ’13-month’ payment.
A majority of UNITE members at the building society vote to pursue action over the withholding of a ’13th month’ payment.
Nine things you should know this morning…
Staff are balloting for strike action after the building society said there would be no traditional Christmas payment for employees. The payment has been made every year for the past 45 years.
The company is to reduce the rate in line with the European Central Bank’s recent rate cut.
More women than men find financial terms confusing – but women are perceived to manage their personal finances better than their male counterparts, according to new research .
EBS is to hike its variable mortgage rate from October.
THE HSE IS today expected to outline that the contact tracing system is “back on track” after its capacity was surpassed due to a surge in Covid-19 cases earlier this month.
It is understood that Oireachtas Health Committee will be told that the contact tracing system’s capacity was surpassed when the number of Covid-19 cases sharply increased at the start of the month, but that it has gotten back on track since 23 October.
In July, the HSE launched its Covid-19 contact tracing app, which is intended to help contact tracing, particularly with people who aren’t family and friends, and uses Bluetooth technology to determine whether you’ve been a close contact of someone who’s tested positive for the virus.
Users are encouraged to switch on their Bluetooth settings, and to check in with their symptoms every day.
So, today we want to know: Are you still using the Covid-19 contact tracing app?
Poll Results:
Share your story: voices@thejournal.ie
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