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Drivers expected to pay higher premiums to Vehicle Insurance compensate Losses
07 October 2014
Which Way To Pay
Losses have been noticed therefore Vehicle Insurance premiums are set to rise.
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Church of England invested in online payday loan lender Wonga
06 August 2013
Which Way To Pay
The head of The Church of England is “embarrassed” to find out they have invested in Wonga, but what is really going on?
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Sunday Business Post newspaper: Sale agreed
09 June 2013
Mark Maffia 10:00
Key Capital, the corporate finance firm, and Paul Cooke, the former Irish Daily Star managing editor, have reached a takeover deal for the Sunday Business Post.
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Pound weakens after Moody's decision
25 February 2013
James Larkin
After the rating agency Moody’s downgraded Great Britain from its AAA status to AA1, the pound reacted with a weakening against the dollar and the euro down to a 17 month-low
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Energy: Ireland to produce wind power for UK homes
24 January 2013
James Larkin
It is planned to create 40 wind farms in the Bog of Allen which altogether will have 700 wind turbines
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Let's Be Positive About The Irish Economy
31 October 2012
Which Way to Pay
The German Government seems to be taking a more positive stance regarding the Irish Economy. There is still a long way to go but there is light at the end of the tunnel.
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Positive Economic Figures In The UK Suggest The End Or Recession
25 October 2012
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The UK Office of National Statistics has announced that the UK has emerged from economic recession in the third quarter.
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Yahoo Has A Positive Third Quarter
23 October 2012
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Marissa Mayer is a positive influence on Yahoo.
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Warning For Ireland From IMF
11 October 2012 11:00am
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The International Monetary Fund downgraded its expectations for growth in the world economy to 3.3% this year down from a 3.5% estimate seen in July. The agency forecasted the global economy will grow by 3.6% in 2013, again down from a July prediction of 3.9% and an April forecast of 4.1%.
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Irish GDP flat In Second Quarter
25 September 2012 11:30am
Which Way to Pay
The Central Statistics Office have released figures that suggest Ireland’s economy was stagnant in the second quarter of the year, as consumers continued to cut back on spending and capital investment slumped.
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Ireland’s Businesses Suffer As Loan Refusals Climb
23 August 2012 14:00
Mark Maffia
According to a new report by Ireland’s central bank, Irish businesses face among the highest rejection rates for loans in Europe. The report highlights that a quarter of applications for loans or overdrafts by small and medium sized businesses are being refused.
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Manufacturing Sector Leads The Way
01 August 2012 16:17
Phoebe Robinson
Irelands manufacturing sector increased even more in July, this was helped by a strong growth in businesses around the country, along with data released by Economists and the NCB new figures given out today.
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Ireland Makes Progress
27 July 2012 17:00
Phoebe Robinson
Ireland returned to the bond market and the first move the government made was to borrow an astonishing 5 billion euros. This is the first time the country has been able to borrow long-term debt itself since September 2010.
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Will Ireland Benefit From The Olympics?
20 July 2012 17:30
Phoebe Robinson
Ireland is hoping, due to its close proximity to Britain that it will be a beneficiary of the London Olympics as it tries to boost tourism numbers which have stagnated so far this year.
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IBEC Have New Plans To Stimulate The Economy
18 July 2012 16:00
Phoebe Robinson
The Irish Business and Employment Confederation (IBEC) has come up with some new measures to help the ever falling Irish Economy try and pick itself up. A new state-backed investment bank, a new social welfare smart card system and the setting up of internationally recognised property investment funds are just some of the moves that the IBEC is calling for in its action plan for Ireland’s economic recovery announced today.
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Recession In Ireland Deepens
11 July 2012 17:30
Lucy Williams
The Irish economy was predicted to have expanded by 0.7 percent this year yet a fall of 0.4 percent in Gross Domestic Product (GDP) shows otherwise. A recent report containing statistics about the Irish economy actually shows a 0.2 percent decline.

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Will Household Owners Benefit From New Economic Plans?
25 June 2012 14:00
Phoebe Robinson
New reports are revealing that homeowners will be 700 euro better off. The New Idea to reduce mortgage interest rates is expected to result in a 2.4% rise in the amount of income householders have by the end of 2012.


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The Future Is Not Looking Bright For The Irish Economy
21 June 2012 17:30
Phoebe Robinson
Unfortunately for Ireland, the country is forecast to slip back into recession this year
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Will A Move From Renting To Buying Cause The Irish Property Market To Rise Rapidly?
19 June 2012 11:00
Phoebe Robinson
New reports have found that almost half of those renting can now afford to buy their own property and are suspected to do so once the Irish economy picks up again.
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Irish Consumer Sentiment Falls
13 June 2012 14:30
Florence Fullalove
According to KBC Bank Ireland/ESRI, Consumer Sentiment Index fell to 61.0 in May from 62.5 in April as the uncertainty surrounding the conditions in Europe and the fiscal treaty referendum weighed on consumers.
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Renewable Energy Industry Could Transform Ireland Economy
30 May 2012 14:00
Victoria Wedderburn
It was claimed today that as part of the Government’s strategy for Renewable Energy 2012-2020, Ireland could potentially export as much energy as it consumes. It was also suggested today that as many as 10,000 jobs could be created by 2013 in the wider green economy.
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85% Of Businesses In Ireland Are Not Growing
25 May 2012 15:30
Victoria Wedderburn
According to the latest Business Monitor for Q1 2012 issued by InterTradeIreland, 85% of businesses across Ireland are not growing.
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OECD Say Ireland Recovery Will Gain Strength From Rising Exports
22 May 2012 16:00
Florence Fullalove
The Organisation for the Economic Cooperation and Development (OECD) have said Ireland’s gradual recovery should gain strength next year as stronger growth in Europe and North America boosts exports.
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Ireland’s Trade Surplus Falls For Second Month
17 May 2012 15:00
Mark Maffia
According the Central Statistics Office, Ireland’s trade surplus declined for the second consecutive month in March. The country’s surplus fell as imports jumped by 26% but exports saw a slower growth.
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European Commission Forecasts Irish Economy To Pick Up In 2013
14 May 2012 15:00
Florence Fullalove
The European Commission has said that it expects that the expansion of the Irish economy will pick up next year as domestic demand stabilises and growth increases in Ireland’s trading partners.
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IBEC Says Irish GDP To Grow By 1% in 2012
08 May 2012 16:30
Crage Campbell
IBEC, the main Irish business lobbying group, in its latest Quarterly Economic Outlook said that the Irish economy will grow again this year, despite the slowdown in activity with its main trading partners. It predicts 1% GDP growth boosted by ‘strong export performance.’
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Ireland’s Finance Ministry Cuts Economic Growth Outlook
30 April 2012 15:30
Jack Stupple
Irish Finance Ministry said gross domestic product would increase by 0.7% in 2012 and not the 1.3% previously expected due to damaging effects from a slowdown in Ireland’s trading partners that has already dragged the country back into recession.
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Bank of Ireland Mortgage Arrears Continue To Increase
24 April 2012 17:00
Jack Stupple
Bank of Ireland has said the proportion of its Irish mortgages in arrears rose this year amid a weak economy and high unemployment.
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Ireland Unlikely To Meet EU Targets For CO2 Emissions
17 April 2012 10:30am
Crage Campbell
According to the Environmental Protection Agency (EPA), Ireland is expected to breach its annual obligations under the EU 2020 target for CO2 emissions.
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ECB Ready To Work With Irish Government
12 April 2012 16:00
Crage Campbell
European Central Bank’s executive board member Joerg Asmussen has said that the ECB is ready to work with the Government on any proposals to reorganise and improve the Irish banking system.
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Central Bank Keeps Ireland’s Growth Forecasts Unchanged
05 April 2012 15:30
Victoria Wedderburn
Ireland’s Central bank reaffirmed its growth forecast for the year of gross domestic product (GDP) growing by 0.5% and gross national product (GNP) is expected to fall by 0.7%. Its prediction of growth of 2.1% in 2013 is also unchanged.
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Irish Manufacturing PMI Expands
02 April 2012 10:00am
Victoria Wedderburn
Ireland’s manufacturing sector grew in March, seeing the first expansion for five months.
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Prime Minister Encourages Chinese Investment In Ireland’s Economy
29 March 2012 10:00am
Florence Fullalove
During his official visit to China the Taoiseach Edna Kenny has been encouraging Chinese investment in Ireland. The Prime Minister said that confidence was returning to Ireland’s economy and that investing in Ireland would be very rewarding for Chinese investors.
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Kenny In China To Increase Economic Ties
26 March 2012 14:00
Victoria Wedderburn
Irish Prime Minister Edna Kenny is in China this week as part of a four day official visit. Considering the situation in Ireland, as its economy recovers from the European debt crisis, trade and cooperation between China and Ireland will be high on the agenda.
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Obama And Kenny Meet To Discuss Iran And Syria
21 March 2012 13:00
Jack Stupple
America’s President Barack Obama and Ireland’s Prime Minister Edna Kenny met yesterday behind closed doors to discuss the situation involving Iran and Syria.
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Ireland To Become An Oil Producer?
15 March 2012 10:30am
Florence Fullalove
Ireland has been given hope that it could become an oil producer as Dublin-based oil explorer Providence Resources has said that a well off the coast of Ireland flowed at commercial rates.his will be great news for Ireland as its economy is still struggling amid the Eurozone crisis.
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Irish Business Sentiment Improves
12 March 2012 14:00
Jack Stupple
IBEC, the principal Irish business lobby group, have released its latest Business Sentiment Report for the first quarter of 2012 today and it shows a substantial improvement in business confidence.
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IMF - Prospects For Irish Economic Growth Deteriorate
05 March 2012
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The IMF’s latest quarterly report on Ireland’s financial outlook has raised concerns that Ireland’s economy faces far greater challenges than first thought.
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Ireland’s Economy To Grow By 0.9%
29 February 2012
Which Way to Pay
According to the Economic and Social Research Institute (ESRI) Ireland’s economy is expected to grow a modest 0.9 % in 2012 and more than double this rate in 2013
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PayPal To Boost Irish Economy
22 February 2012
Which Way to Pay
Online payment group PayPal plan to create a thousand jobs in Dundalk over the next four years, in a move which has been praised by Prime Minister Edna Kenny as a signal of confidence in Ireland.
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PM Kenny Optimistic About Irish Economy
17 February 2012
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In a talk at the Institute of Politics yesterday Ireland’s Prime Minister, Edna Kenny, discussed Ireland’s economic recovery in an attempt to attract American investment.
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Prime Minister Unveils Action Plan for Jobs 2012
13 February 2012
Which Way to Pay
Ireland’s Prime Minister Edna Kenny has today detailed what has been described as an “urgent” plan pledging to create 100,000 positions over the next four years.
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Bill Clinton To Urge US Businesses To Invest In Ireland
07 February 2012
Which Way to Pay
Former President Bill Clinton is to hold an event this week, “Invest In Ireland” to encourage business and economic leaders to invest in Ireland’s economic recovery.
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Central Bank Cuts Ireland’s Growth Forecast
03 February 2012
Which Way to Pay
Ireland’s central bank, in its quarterly report, said that the Irish economy substantially slowed in the last 6 months of 2011. As a result they have cut their growth forecasts for 2012.
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Irish Banks Could Prevent Second Bailout
31 January 2012
Which Way to Pay
There is speculation that the banks may help the state avoid another recession by easing financial pressure on Ireland.
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Troika Warn Ireland To Repay Bonds Or “Bomb Will Go Off”
24 January 2012
Which Way to Pay
Leo Varadkar, Transport Minister, has dramatically said that the Troika have warned the Irish Government that it needs to pay back over one billion Euros to bondholders in Anglo Irish Bank this week or , “a bomb will go off” in Dublin.
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Inflation Falls To 4.2%
18 January 2012
Which Way to Pay
The Office for National Statistics said that consumer prices index inflation dropped to 4.2% in December from 4.8% in November.
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Budget Deficit Targets Reached
05 January 2012
Which Way to Pay
According to newly released exchequer returns, Ireland’s budget deficit heightened to nearly €25 billion, increasing from €18.7 billion in 2010 with the increase accredited to bank recapitalisations.
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Banks Set to Suffer from S&P’s Downgrade Warning
07 December 2011
Which Way to Pay
Monday saw ratings agency Standard & Poor’s warn that it was considering downgrading the rating of sovereign debt of 15 of the eurozone countries. The body attributed the decision to political indecisiveness in regards to dealing with the drawn-out debt problems.
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Every Day Sees Five Firms Collapse
01 December 2011
Which Way to Pay
Figures compiled by Vision-net, a business intelligence firm, show that the number of companies collapsing has risen by 20% this year alone. This averages out to five every day folding. The first 11 months of this year saw a whopping 1,829 companies closing. The closing firms left behind around €1.15 billion worth of debt.


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Cabinet Budget Meeting Deliberates Cuts
24 November 2011
Which Way to Pay
The Cabinet is meeting today for the third time this week to discuss further cuts in the upcoming budget. Having been in meetings for two hours yesterday morning, Ministers continued to discuss how to further advance a budget that Minister for Finance Michael Noonan has described as being made more difficult because all the “low-hanging fruit” had been picked in last year’s budget, which saw a €6 billion contraction.


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Christmas Debt Warning for Irish Consumers
21 November 2011
Which Way to Pay
A survey conducted by the Irish League of Credit Unions (ILCU) has shown that it can take over 7 months for some people to pay back debts accumulated throughout the Christmas period. The survey also showed that despite difficult economic conditions at the moment, each average adult in Ireland is expected to spend €562 this Christmas.
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Eurozone Economy Expands 0.2%
15 November 2011
Which Way to Pay
The third quarter saw the economy throughout the 17 nations of the eurozone grow by 0.2% from the previous quarter according to the EU. The figure was hiked by good economic performances from France and Germany. Economists still however forecast recession across the single currency nations.
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Irish Fashion Company Bought Out by British Firm
25 October 2011
Which Way to Pay
The fashion retailer A|Wear has been acquired by the specialist British retial restructuring firm, Hilco. The Irish branch of the company has taken over. The financial particulars of the deal have not yet been publishes.
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Mortgage Debt Forgiveness Rejected in Proposal
12 October 2011
Which Way to Pay
A report published today saw a scheme proposed by the Inter-Departmental Working Group on Mortgage Arrears, which could see up to 10,000 people having their home ownerships given to the local authorities.
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Tesco in Ireland ‘Struggling to Recover’
06 October 2011
Which Way to Pay
Throughout the six month to the end of August, Tesco stores across Ireland that have been open for a minimum of one year saw sales drop by 3.4%. Tesco plc, the UK parent company of the chain, stated that the market in Ireland is continuing to ‘struggle to recover’.
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Drop in Manufacturing Increases
03 October 2011
Which Way to Pay
Manufacturing across Ireland has contracted at the fastest rate for nearly 2 years in September, fuelled by falls in the number of new export orders for the first time for a year.
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Twitter to Set Up Dublin Office
27 September 2011
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The micro-blogging social network site, Twitter, has confirmed rumours that an ‘international’ office is to be set up in Ireland. The rapidly growing site currently has 100 million users has been described as ‘one of the most exciting and fastest-growing’ companies in the world by Richard Bruton, the Minister for Jobs, Enterprise and Innovation.
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Second Quarter sees Economic Growth of 1.6%
22 September 2011
Which Way to Pay
Data published today indicates that the domestic economy expanded faster than predicted throughout the second quarter this year. This is the strongest growth seen during any quarter since the recession started in 2008. The figures show that gross domestic product grew by 1.6% from the first to the second quarter this year when the figures are seasonally adjusted.
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Trade Surplus from Ireland Third Highest in EU
16 September 2011
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New figures have shown the Irish trade surplus for the first six months of the year amounted to €21.3 billion. This is the third highest figure in the European Union, only exceeded by Germany and the Netherlands. The data from Eurostat also showed that the UK had the largest trade deficit in the EU at £56 billion, closely followed by France at €45 billion.
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Leading Economist says Ireland Can Get Out of This
13 September 2011
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Tobias Blattner, a former ECB economist, has said that regardless of the current European debt crisis, there is still hope for the economy in Ireland. He commented that ‘the markets are showing increasing confidence in Ireland because they’re achieving the targets set out in their austerity programme.’ Blattner said that there is hope for the Irish economy given that economic growth continues to rise, which is largely reliant on exports increasing.
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IMF Cuts Forecast for Irish Economic Growth
08 September 2011
Which Way to Pay
The International Monetary Fund (IMF) announced it favours case-by-case mortgage solutions and will back the Government in its ruling out of the widespread debt-forgiveness scheme.
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World Economic Forum Ranks Ireland’s Global Competiveness
07 September 2011
Which Way to Pay
Ireland was placed in 29th position in the World Economic Forum’s (WEF) Global Competitiveness Report out of 142 countries for the second consecutive year. However, this initially promising statistic is undercut by the fact the report placed Ireland last in the world on ability to balance the national budget.
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Consumers Should Fight Insurance Hike
06 September 2011
Which Way to Pay
Chief executive of the Consumer Association, Dermott Jewell told consumers yesterday that they do not have to accept another round of hikes in home insurance rates. Jewell advised on a range of things that consumers are able to do to avoid crippling rises including; shopping around for a better quote and changing the way you pay your premiums.
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IMF Warning: Global Economic “Downward Spiral”
05 September 2011
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The International Monetary Fund has encouraged the US and Europe to abandon fiscal austerity and switch to stimulus measures amidst a warning that the global economy faces a "threatening downward spiral".
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Is the Bank of Scotland Making Secret Deals with Customers?
02 September 2011
Which Way to Pay
Evidence has emerged to suggest that the Bank of Scotland (Ireland)/Halifax is doing secret deals to reduce the size of personal loans and credit card debt. The lender has refused to acknowledge the claim even in the face of evidence surfacing in the media this week.
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Savers Withdraw €1bn from Irish Bailed-Out Banks
01 September 2011
Which Way to Pay
The level of private-sector Irish deposits is at a new low of €102.6bn following substantial withdrawals from individuals and companies as shown by figures released by the Central Bank yesterday.
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Permanent TSB Buys Northern Rock Irish Deposits
31 August 2011
Which Way to Pay
In a €650 million deal, Northern Rock has sold its Irish deposits to Permanent TSB who are hopeful that the purchase will improve its crucial loan-to-deposit ration by 10 percentage points.
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Paddy Power Wins in Online Gambling
30 August 2011
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The Ireland-based gambling group, Paddy Power, has claimed to beat its rivals to the mobile betting market. The company have reported a 42% rise in the number of customers using Paddy Power betting sites during the first half of 2011. The company’s 209 betting shops across Ireland did not do so well however, as they continued to suffer.
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iQuit – Steve Jobs Resigns
25 August 2011
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Last night CEO of Apple, Steve Jobs resigned with immediate effect from the company he co-founded 35 years ago at the age of 21. Following the news that Jobs will resign, Apple shares fell more than 5% in after-hours trading.
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Banks Hoard Cash Amidst Lending Fears
24 August 2011
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The European Central Bank (ECB) raised concerned that they are increasingly reluctant to lend in light of data showing a spike in the amount of cash deposited by commercial banks last week.
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Anglo Review INBS Mortgage Book
23 August 2011
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Anglo Irish Bank has ordered a review of the mortgage book it inherited from Irish Nationwide (INBS) amidst claims from the bank that the asset is “low quality”.
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Small Businesses Prepare for a Double-Dip Recession
22 August 2011
Which Way to Pay
The very real prospect of a global double-dip recession alongside concerns of another banking credit crunch to the background of complete inability on behalf of European leaders to address sovereign debt problems have done little to aid Ireland’s fiscal prospects. Indeed, debt problems have stretched worldwide causing stock markets to capitulate in global sell-offs to a scale which hasn’t been witness since the collapse of the Lehman Brothers. However, in this global picture, where do Ireland’s small businesses fit in?
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Zurich Insurance Sales Fall
18 August 2011
Which Way to Pay
Zurich have reported the dramatic reversal of their Irish market share growth is a result of “aggressive pricing” by Irish Life Assurance and New Ireland. The life insurance giant seems unable to match up to the duo’s sales as shown by the 10% fall in new business sales for the first half of this year.
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Pensions Making Big Business
17 August 2011
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New business sales in Ireland by Standard Life were up by more than 60% in the first half of the year. The introduction of PRSA products and an influx of cash into pension pots resulted in a bumper six months for the firm.
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O’Leary’s €350m Bid for Ryanair Terminal at Dublin Airport
16 August 2011
Which Way to Pay
The renowned Ryanair chief Michael O’Leary has said he would by either of Dublin Airport terminal’s for €350m in the event of their sale by the Government. Analysts have purported that O’Leary’s low-cost airline will have a €3.5 billion cash pile by the end of 2011, giving them more than enough to buy a terminal.
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Ireland’s Housing “Fire-Sell” Phenomenon
15 August 2011
Which Way to Pay
It seems further misery looks set to fall on the shoulders of variable-rate mortgage holders in the near future; the Bank of Ireland and AIB are on solo runs to hike rates, whilst whispers are being echoed of an imminent ECB interest rate U-turn and cuts. In an already static housing market, such news will have adverse impact on a sector down by 50% from the peak, with a forecasted potential to fall to 70%.

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Consumer Index Down
11 August 2011
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Consumer confidence has fallen in July as a result of the global financial crisis as well as the European Central Bank’s move to hike rates a second time in June. According to KBC Bank and the ESRI, the consumer sentiment index weakened to 55.9 from 56.3 in June and thereby setting the path for lower consumer activity in following months.
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300 Jobs Created in Dublin and Cork
10 August 2011
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PayPal and health firm, Mowlam Healthcare gave the economy a welcome boost yesterday with the announcement of 300 new jobs in Dublin and Cork.
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National Irish Bank Declares €400m Loss
09 August 2011
Which Way to Pay
The National Irish Bank, owned by the Danske Bank Group, has posted a pre-tax loss of €400m for the first six months of this year. The bank has set aside €420m to manage bad loans leading to the pre-tax loss.
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State Bank Grants Political Control of Home Debt
08 August 2011
Which Way to Pay
Concern is brewing that political control of Irish banks will enable less scrupulous politicians to abuse their power and reward supporters by means of forgiving mortgages and lending money, or such is the opinion of UCD academic Morgan Kelly. Over the weekend, Prof Kelly commented that state ownership of large parts of the banking system creates "vistas of patronage that Charles Haughey wouldn't have been able to dream of”.
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Ireland’s Credit Rating Affirmed by Standard & Poor’s
05 August 2011
Which Way to Pay
The sovereign credit rating for Ireland of ‘BBB+/A-2’ has been affirmed by ratings agency Standard & Poor’s (S&P). The agency also stated that the outlook on the ratings is reasonably stable. Ireland’s rating, along with the encouraging forecast, is a reflection of S&P’s view of the Irish government, and their potential to stabilise the country’s finances.

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Creditor Contact Limits to Increase Debt Arrears
04 August 2011
Which Way to Pay
More people will be forced into arrears according to banks and credit card companies as a result of moves by the Central Bank to change rules aimed to protect the consumer.

Lenders are worried that proposed rules which will restrict lender-borrower communication to a maximum of three contacts per month will be detrimental to consumers that frequently get into credit card and loan arrears.

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Irish Bonds Withstand European Debt Markets
03 August 2011
Which Way to Pay
Irish government bonds have bucked the downward price trend in the latest European debt markets. The 10-year borrowing costs are now close to 10pc for the first time since June 20.
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Telecity to Buyout Irish Data Firm
01 August 2011
Which Way to Pay
Data Electronics, an Irish data centre provider, is thought to be in the provisional stages of talks with UK data company Telecity Group as the firms are reportedly discussing a £100 million deal. Telecity is one of the data centre companies currently benefitting from an increasing number of companies opting for ‘cloud’ computing as a way of storing data.
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Italy Borrowing Expected to Increase
28 July 2011
Which Way to Pay
As today sees Italy sell up to €8.5 billion worth of bonds, the country’s borrowing costs are predicted to soar, with anxiety over the mounting debt seeing its 10 year bond yield pushed to the highest level in over ten years. Earlier in the month, Italian assets were sold off as fears of the country being sucked into the eurozone debt crisis mounted, as well as the second bailout package for Greece being agreed last week.
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Default Should Be Avoided At All Costs Says Michael Noonan
27 July 2011
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The Irish Finance Minister, Michael Noonan, has publically warned that a default on Ireland’s debts could lead to people going hungry, and even starving to death. During the last sitting of the parliament before the summer recess, Noonan debated the suggestion that Ireland Inc possibly should default with Shane Ross, Independent deputy.
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Household Spending Suffers as Interest Rates Rise Again
22 July 2011
Which Way To Pay
New figures based on the estimated amount of Irish household debt have shown that the rise in interest rates is bleeding the economy of millions.
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The Rise in Irish Bond Yield Eases
20 July 2011
Which Way to Pay
The decrease in the cost of borrowing on Irish bonds has eased pressure across weaker European borrowers today. This news gives hope that the seemingly relentless rise in government bond yield will come to an end as markets are seen to improve across Europe.
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Larry Summers Comments on Current Irish Interest Rates
19 July 2011
Which Way to Pay
Larry Summers, known for being an instrumental economic advisor to President Barack Obama as well as treasury secretary under Bill Clinton, has likened Irish interest rates to reparations faced by Germany after to World War One. This commentary gives a boost to Ireland’s attempts to get a reduction on the interest rates associated with its bailout loans.
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Allied Irish Banks To Use Visa Debit Card
18 July 2011
Which Way to Pay
The Allied Irish Banks (AIB) announced today that they will be replacing the Laser and Maestro cards currently in use with Visa debit cards during the second half of 2012. This move comes as the AIB prepare to introduce contactless payment for transactions under the value of €15.
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Company In Galway Creating 145 New Jobs
15 July 2011
Which Way to Pay
C&F Green Energy announced the creation of 145 jobs in their wind turbine manufacturing in Galway. The jobs are related to a new range of small wind turbines to be produced in Athenry. The turbines have been in development over the last two years, designed for powering residential property, factories and farms.
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Inflation Rates Stay At 2.7%
14 July 2011
Which Way to Pay
According to new data released by the CSO’s Consumer Price Index, inflation has stayed at the rate of 2.7% throughout June. This follows the 3.2% throughout April, which was the highest level seen in 30 months. Summer sales have impacted on the cost of clothes, footwear and household goods, lowering prices by 0.1% in June.
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Irish Debt Downgraded To “Junk” Status By Moody’s
13 July 2011
Which Way to Pay
The ratings agency Moody’s have downgraded Irish debt status to “junk”, a decision that has been openly criticised by the European Commission.
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Google Chief Urges Ireland To Invest In Broadband
28 June 2011
Which Way To Pay
Eric Schmidt said that the Government must develop the country’s broadband capabilities.
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Welcome to Which Way To Pay Ireland
31 March 2011
Which Way To Pay
Which Way To Pay is an independent, international financial comparison and reviews website.
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