Business News

Ulster Bank hit with record €38 million fine over tracker mortgage scandal

By Colin Bartley 25th March 2021 0

The Central Bank of Ireland has just announced it has fined Ulster Bank Ireland a record €38 million fine over failings in dealing with close to 6,000 tracker mortgage customers. The €37,774,520 fine is a record for a financial institution in Ireland and is in response to the bank’s failings in dealing with, and the […]

Business News

Kilkenny now has lowest unemployment rate in country: report

By Colin Bartley 26th January 2021 0

Workers in Kilkenny have been the least affected by job losses throughout the pandemic, despite the crippling impact of Covid-19 on the local tourism sector. However, figures published this week also reveal that one out of every seven workers in Kilkenny is now claiming some form of government assistance. The figures were compiled by the […]

News Opinion

MICHAEL WOLSEY: Service with a smile? Don’t bank on it

By Kilkenny Now 29th January 2020 0

IT is only a few years since Irish banks picked the pockets of every taxpayer for a bail-out to keep them in business. Now they don’t want our money. Well, not the cash anyway; the coins and paper notes. All of the main banks now run some cash-free branches. They don’t take in money and […]

Business News Sponsored

SPONSORED: How Thomastown Credit Union helps beat the loan sharks

By Kilkenny Now 21st October 2019 0

THE Department of Finance is studying submissions from a consultation on licensed moneylenders. When it launched the process three months ago there were 39 of these moneylenders operating with the authorisation of the Central Bank. They were charging annual interest rates which ranged from a frightening 152 per cent to a horrifying 287 per cent. […]

News

Kilkenny and South East most at risk in no-deal Brexit

By Kilkenny Now 1st August 2019 0

By COLIN BARTLEY UP TO 100,000 jobs are at risk in the event of a no-deal Brexit, and the South East region is particularly vulnerable. The high reliance on the food and agriculture industry in the South East, the sectors most vulnerable to exposure due to a no-deal scenario, could see the region affected the […]