Mortgage holders left in difficult situations due to lack of market competition
A Sligo Leitrim TD says a lack of competition in the market, on top of inflation concerns, is leaving many mortgage holders in difficult circumstances. The Central Bank and government have been warned of a mortgage ‘arrears crisis’. It comes as the price of a new home in Ireland has…
Donegal TD says dual pricing report is a ‘victory for consumers’
A Donegal TD has described the recent Report on Dual Pricing in the Insurance Market by the Central Bank as a damning indictment of the insurance industry, and has said it represents a “victory for consumers.” Sinn Féin spokesperson on Finance Pearse Doherty TD has long called for a ban…
Central Bank urged to deal with Insurance Companies that fail to pay out for Covid Disruption
A Donegal TD is calling on the Central Bank to use its supervisory and enforcement powers against insurers refusing to pay out to thousands of businesses covered for business interruption in their policies who were forced to close due to Covid-19. Sinn Féin Finance spokesperson Pearse Doherty TD says…
Central Bank report warns of serious consequences of no-deal Brexit
The Central Bank says there could be temporary food shortages in Ireland if there’s a no-deal Brexit. It’s also warning of a “sudden and sharp” shock to the economy if Britain crashes out of the EU. The latest report shows the economy is due to grow by 4…
Donegal TD accuses government of misleading Dail
The government’s been accused of misleading the Dáil over its controversial scheme for first-time buyers. The claim comes from Sinn Féin’s Pearse Doherty – who is querying the role of the Central Bank in how the scheme was designed. Michael Noonan told the Dáil on Budget Day, that he had…