Uncategorized
Bitcoin Recovers from Recent Lows as Market Volatility Eases
Bitcoin staged a partial recovery after briefly testing the $60,000 level, rebounding from its weakest point in more than a year as pressure across global financial markets showed early signs of easing. The world’s largest cryptocurrency had fallen sharply earlier in the session, sliding by around 5% to just above $60,000. It later recovered, rising…
Read MoreScam Advertising on Social Media Costs Irish Consumers Millions Each Year
Social media platforms generated an estimated €32 million last year from scam advertisements aimed at consumers in Ireland, according to new research commissioned by online banking platform Revolut and carried out by Juniper Research. The study highlights the scale of financial harm linked to fraudulent advertising on major social media channels. In the Irish market,…
Read MorePersonal Loan Borrowing Reaches New Quarterly High in Ireland
Personal loan activity in Ireland reached a new quarterly peak last year, driven by strong demand for car finance, home improvement projects, and green lending, according to the latest figures from Banking & Payments Federation Ireland. The data shows that total personal loan values rose by 15.7% to €776 million, while loan volumes increased by…
Read MorePersonal Loan Lending Reaches New Quarterly Peak, Driven by Car and Green Finance Demand
Personal lending activity in Ireland continued its strong upward trend last year, with new figures showing record levels of borrowing across car finance, home improvements and environmentally focused loans. Data from the Banking & Payments Federation Ireland indicates that personal loan drawdowns rose sharply in the third quarter, with total values increasing by 15.7 percent…
Read MoreBitcoin Slides Below $70,000 Amid Market Pullback and Policy Uncertainty
Bitcoin fell below the $70,000 mark, slipping to its lowest level since Donald Trump won the US presidential election in November 2024. The world’s largest cryptocurrency dropped to an intraday low of $69,821 before recovering slightly to trade back above $70,000. The decline reflects a broader retreat from risk across global markets. In recent weeks,…
Read MoreECB Holds Interest Rates Steady as Inflation Outlook Remains Intact
The European Central Bank has opted to keep interest rates unchanged, a move that was widely anticipated by markets, while signalling that recent currency movements have not altered its medium-term policy outlook. Having paused its policy easing cycle in June after a year of rate reductions, the ECB now finds itself in a more comfortable…
Read MoreHousing policy changes fail to ease pressure for most home buyers
Confidence among prospective home buyers remains strained, with many expressing growing frustration at the pace of housing delivery across Ireland. According to recent consumer sentiment research from MyHome, concern about the wider property market remains high, while only a small minority believe recent housing policy measures have made purchasing a home any easier. The survey…
Read MoreBank of England expected to hold interest rates while monitoring inflation trends
The Bank of England is widely expected to leave interest rates unchanged at its latest policy meeting, as policymakers wait for clearer signals that easing conditions in the labour market are translating into lower inflation. Economists anticipate that the Monetary Policy Committee will keep the benchmark Bank Rate at 3.75%, reflecting a cautious approach as…
Read MoreUp, up and away? How electricity suppliers calculate your bill
Electricity bills often feel opaque, yet there is no single standard bill that applies to every household. What you pay depends on several factors, including where you live, how much electricity you use, and when you use it. Over recent years, these variables have become even more important as costs across the energy system have…
Read MoreElectric vehicle registrations record strong growth in January
New data from the Society of the Irish Motor Industry indicates a sharp rise in electric vehicle sales at the start of the year, with January recording the highest number of new electric car registrations on record. A total of 7,319 new electric cars were registered during the month, representing an increase of 48.7% compared…
Read More