Archive for November 2019
Consumer sentiment slumps further as Brexit rumbles on
Consumer sentiment fell for a fourth successive month for the first time since late 2012 as uncertainty over Brexit continued to weigh on confidence, a survey showed today. While the economy here has remained the fastest growing in the EU throughout three years of Brexit talks, consumer confidence took a hit in recent months as…
Read MoreBrexit already having ‘rising negative effect on a third of all businesses’
More than a third of firms across the island of Ireland say Brexit is already having an adverse impact. This is according to the latest all-Island business monitor from InterTrade Ireland. With continued uncertainty around what the UK’s exit from the European Union will look like, 28pc of cross-Border traders have implemented steps to lessen…
Read MoreCampaigners call for further reform of insurance market
Campaign groups have described the introduction of new rules to improve transparency on motor insurance pricing as a welcome step. Campaign groups have described the introduction of new rules to improve transparency on motor insurance pricing as a welcome step. But they say further moves and greater transparency are needed to reassure consumers and bring down premiums. The Alliance for Insurance…
Read MoreNew rules agreed for distressed mortgage holders
An agreement on how to resolve disputes between lenders and distressed mortgage holders has been reached between two leading agencies. MABS, the State-backed Money Advice and Budgeting Service and the Banking and Payments Federation have announced the agreement, saying it will help consumers who are struggling with mortgage debt. The agreement extends to so-called vulture…
Read MoreManufacturing conditions improve after four month slump
Manufacturers reported an improvement in business conditions during October, following four months of steady decline. The latest AIB Manufacturing Purchasing Managers’ Index has recorded growth in new orders and output, with employment also improving in the month. It marks the first improvement since May, with the headline PMI rising three points on September’s reading to…
Read MoreNew rules on motor insurance pricing come into force
New rules to improve transparency on motor insurance pricing are coming into force. From today, the Central Bank rules will force insurance companies to provide more detail to customers when they are being sent motor insurance renewals. When a consumer receives their motor insurance renewal, their insurance company is obliged to inform them what the…
Read MoreNew parents to get two weeks extra paid leave
New working parents will be able to take two extra weeks of paid leave from today. The leave will be available to parents of children born or adopted from today, the 1st of November and must be taken in the first year following the birth or placement of a child. The Department of Employment Affairs and…
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