23,085 new electric cars have been sold so far this year, up almost 40% on the same period last year. When all engine types are included, 123,858 new cars were sold in the fist ten months of the year, up 3.4% on 2024. The figures from the Society of the Irish Motor Industry (SIMI) show […]
Analysis: Until switching banks is as easy as switching mobile network, most of us will stay in the same financial relationship we began in college In 2012, UK shadow chancellor Ed Balls declared that “you’re more likely to be divorced than to change your bank account.” Channel 4 later fact-checked the claim and found that […]
The Criminal Assets Bureau sold 20 properties which were found to be the proceeds of crime last year, the highest number sold in any one year. One of the properties, the former Dublin home of the leader of the Kinahan Organised Group, Daniel Kinahan, sold for over €930,000. The four-bedroom, three-bathroom detached house on a […]
Berkshire Hathaway signaled over the weekend that it remained cautious about markets, letting cash swell to a record $381.7 billion even as profit rose, in its last financial report before Warren Buffett bows out as chief executive. For a 12th quarter in a row, Buffett’s conglomerate sold more stocks than it bought for its $283.2 […]
New Central Bank figures show that in excess of 42,000 mortgage accounts have now been identified as having been impacted by the tracker mortgage scandal – but more than a decade on serious questions remain about accountability and transparency, writes John Downes, director of a new two part RTÉ documentary series TRACKERS: The People V […]
The former governor of the Central Bank, Patrick Honohan, has said the organisation was probably too trusting of the banks when it was dealing with the tracker mortgage scandal. Mr Honohan was commenting on the long-running saga, which saw tens of thousands of homeowners wrongly moved to higher interest loans by the banks. These mortgage […]
What will this mean for consumers? In the short term, it won’t mean any change. The bank says its mortgages, deposits, current accounts and banking app will operate as normal. But in the longer term, if PTSB is taken over by another bank, it could mean more competition if the new owner decides to challenge […]
The average price of motor insurance rose 9% between 2023 and 2024 to reach €623, according to the Central Bank. It said that the average expected cost of claims per policy increased 3% to €397, the highest it has been since 2014. The rising costs have been criticised by the Alliance for Insurance Reform which […]
AIB has paid €390 million to the Minister for Finance in what represents the final step in the State’s exit from the bank. The payment was for the cancellation of around 271 warrants in the bank. This gave the Minister the right to to buy AIB shares at a fixed price of €6.75, a 14% […]
The European Central Bank is all but certain to leave interest rates unchanged for a third meeting in a row today, enjoying a rare period of low inflation and steady growth even in the face of turbulence caused by shifting trade relations. The ECB cut rates by a combined two percentage points in the year […]
