Almost 10% of the 6m loans registered with the Irish Credit Bureau (ICB) are now at least a month in arrears – up from fewer than 1% in 2007, according to The Sunday Times.
Posts Tagged ‘recession’
Concerns are growing that more money will be needed to bail out Ireland’s beleaguered banking sector, particularly AIB, when the results of stress tests are announced formally at the end of the month, The Sunday Business Post reports.
Thousands of people who owe money on their energy bills are effectively leaving their debts behind when switching to other operators, according to The Sunday Business Post, which says this is a growing trend the energy regulator is considering plans to prevent.
For long periods he has managed to fly below media radar, trained on his former financial colleagues Sean Fitzpatrick and David Drumm. But it appears the guns are now being firmly pointed once again on Michael Fingleton.
Irish incomes have now fallen to an estimated 8% below the EU average, wiping out any gains over the past decade or more, according to The Sunday Business Post, quoting a new report.