Business News

Credit unions to pay refunds after miscalculating interest on loans

21st September 2018

More than 150 credit unions have to carry out an expensive trawl of their loan books after it emerged thousands of members have been overcharged on loans. The overcharging amounts are small, but the Central Bank has ordered credit unions to provide information on how they deal with accrued interest on top-up loans. Average overcharged […]

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More females required to meet construction demand – CIF

21st September 2018

Increasing numbers of female construction workers is key to solving Ireland’s housing and infrastructure crises. This is according to the Construction Industry Federation (CIF). Ahead of the launch of its first ‘Diversity and Inclusion Guidance’ document for the construction sector, aimed at addressing gender imbalance in the industry, key construction leaders said that more female […]

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UK warns there will be no Brexit deal unless EU softens on Irish border

21st September 2018

Britain will leave the European Union without a deal unless the bloc’s leaders soften their position on the Irish border, Transport Secretary Chris Grayling told the BBC. EU leaders abruptly cautioned May on Thursday that unless she gave ground on trade and the Irish border by November they are ready to cope with Britain crashing […]

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WATCH: Is this the most powerful iPhone ever? A review of the Xs and Xs Max

19th September 2018

Apple says that it’s the most powerful iPhone ever. But with its new 6.5-inch display, it looks like nothing can stop the iPhone Xs Max from becoming even more of a substitute for your television and your camera. There are three main takeaways I’m left with after my first week with the iPhone Xs and […]

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Dublin Airport on course for 30 million passengers

19th September 2018

Dublin Airport was the 14th-busiest in Europe during July, handling more than 3.3 million passengers. In the year to July, Dublin Airport was also the 14-busiest, with 18 million people passing through the gateway. London Heathrow was the busiest, with 45.9 million passengers, according to new data from Airports Council International (ACI). In the year […]

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Families face being nearly €200 worse off after Budget in spite of income tax cut

19th September 2018

Households face being up to €190 worse off after the Budget as income tax cuts could be wiped out by increases in other charges and levies. The Budget is likely to see an increase in the amount of money people can earn before they hit the top rate of income tax, but this could be […]

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Technology giants face payouts to media firms in EU copyright battle

13th September 2018

Technology firms such as Facebook would have to share more of their revenue with the publishers of content used online under a shake-up of copyright rules. The European Parliament has backed a law that would help media, video, music and other rights holders seek compensation for use of their content online. It was hailed as […]

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Unfair workload after four-day week shift

13th September 2018

Query: I recently moved to a four-day week as I found the juggle of a full-time job and the rearing of two children too difficult. However, although my pay has been cut by a fifth to reflect the fact that I’m no longer working five days, I’m finding that I’m still expected to produce the […]

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House price rises now at lowest level in 15 months

13th September 2018

The rate at which property prices are increasing continues to ease off. This is being put down to buyers reaching the limit of what they can borrow due to Central Bank lending restrictions. Figures from the Central Statistics Office (CSO) show residential property prices at national level increased by 10.4pc in the year to July. […]

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Asia shares worn out by trade tension, yen a safe harbour

10th September 2018

Asian shares carved out a 14-month trough on Friday as investors feared a new salvo of Sino-US tariffs could come at any moment, while a slump in US chip stocks rippled through the tech-heavy region. Spreadbetters pointed to a firm start for European markets with futures for Eurostoxx 50, Germany’s Dax and London’s FTSE reversing […]

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