Daily Archives: October 31, 2013

Danske Bank delivers another blow to Irish banking sector

Posted on by David Murphy

by Business Editor David Murphy So another banking operation in Ireland has pulled the plug in the space of a week. Danske Bank Ireland is closing its personal and business banking only days after ACC announced it was handing back … Continue reading

Twitter – always check your sources

Posted on by Sinead Crowley

By Sinead Crowley, Arts and Media Correspondent The news broke, as it so often does these days, on Twitter. Or did it? Early on Sunday evening I saw a tweet saying Lou Reed had died. I traced the tweet back … Continue reading

Government has changed direction on savings

Posted on by David Murphy

  By Business Editor David Murphy Funny what a difference a dozen years can make. In 2001, former Finance Minister Charlie McCreevy introduced SSIA savings accounts in which the Government contributed €1 for every €4 from depositors. In those days … Continue reading

Budget 2014′s universal truth

Posted on by David Murphy

By Business Editor David Murphy There is one striking feature about the Budget – universal benefits are back in vogue. The problem with universal benefits is that they are paid to people regardless of their income. Since Ireland entered the … Continue reading

Gadgets galore – Nokia Lumia 1020, Xperia Z1, Vodafone R208 Mifi

Posted on by Will Goodbody

Science & Technology Correspondent, Will Goodbody, takes a look at some of the latest gadgets and gizmos on the market.   NOKIA LUMIA 1020 Nokia Lumia 1020 – it’s all about the camera Is it a phone, or is it … Continue reading

How do we compare?

Posted on by Sean Whelan

  by Economics Correspondent Seán Whelan As we glide into the Irish Budget for 2014, its easy to forget that we are not the only country facing a big fiscal challenge, and making significant budget adjustments. Our adjustment – now … Continue reading

Tourism VAT – the case for and against a tax hike

Posted on by David Murphy

By Business Editor David Murphy It is almost certain that Finance Minister Michael Noonan will increase VAT on restaurants and hotels in next week’s Budget. His original plan was to temporarily reduce the tax from 13.5% to 9% from July … Continue reading

Flanking banking

Posted on by Sean Whelan

  by Seán Whelan, Economics Corresponent One of the chapters in the latest Global Financial Stability Report from the IMF looks at the problem of banks that can not or will not lend money.  It’s not just an Irish problem. … Continue reading