Bank of Ireland changed their rules on current account fees in November 2020.Since November 23rd 2020 – Bank of Ireland charges current account holders a monthly flat rate charge of €6.Some people were hit with a 360% increase in charges. Bank of Ireland Fees Prior to Nov 22nd 2020 Previously, BOI customers who maintained a […]
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Fat Cats
Pay of CEO of Centrica (Owners of Bord Gais Energy)
There has been a fair bit of coverage in some of the media about the “bonuses” or performance related pay of some Irish Water staff. Irish Water is a semi-state company -and there is a cap set by government on the salaries of CEOs of semi states (currently €250k a year for new appointments) Some […]
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Anglo Irish Tapes – No Action To Be Taken
Back in June 2013 some taped phone calls between staff at Anglo Irish Bank were “leaked” by the Irish Independent. See Here The conversations suggest that the Financial Regulator was misled by staff at Anglo Irish This week it appears no action will be taken because the Central Bank have stated it “does not intend, […]
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Bank Of Ireland UK Raising Tracker Mortgages
Usually when you take out a tracker mortgage it is set for life at a base rate plus a specific margin or differential. In the “good old days” the banks here in Ireland were handing out trackers with rates as low as ECB rate plus 0.5% . People lucky enough to get one of those […]
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Public Sector Unions Agree Deal on Pay Cuts
An agreement has been reached between the government and the public service unions on cutting €1 billion off the public sector pay bill. (Despite some major trade unions walking out of negotiations) Some higher earning public sector staff will see their gross pay cut by at least 5.5% if the agreement is accepted. Pay will […]
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