Business News

What happens if my loan is sold?

If your loan is sold to a vulture fund or another bank all of the original contracts remain the same – though that includes the obligation to make repayments. Read more

What happens if newly-built houses cannot find buyers?

If only there was a simple formula for predicting market crashes, we’d all get rich. (Well, those who knew it would). But there isn’t. Except that, just maybe, there might be when it comes to housing. Read more

Ireland is a high cost location for small firms – SFA

Ireland is a high cost location for small firms, according to Linda Barry, assistant director at the Small Firms Association (SFA). Read more

Fresh hope for families in tracker loans nightmare

Families have been given fresh hope that their tracker nightmare will end this year, after the Government threatened to hit banks with massive tax bills if they do not rectify the mess. Read more

EU-US data transfer pact passes first annual review

A year-old pact underpinning billions of dollars of transatlantic data transfers won a green light from the European Union yesterday after a first review to ensure the US protects Europeans’ data stored on American servers. Read more

AIB gears up to launch $2bn Project Redwood loan sale

AIB is preparing to launch the largest non-performing loan sale in its history next month as it embarks on the final phase of its post-crisis balance sheet purge amid a fresh crackdown on the sector from the European Central Bank. Read more

‘I wanted to retire by 50 so I could enjoy life. My advice? Start saving’

Beryl Dunne, an IT manager who lives in Bray, Co Wicklow, is semi-retired and said she had to ramp up her payments so that she could retire when she wanted. Read more

Explained: Why women are losing out on their pension payments

Changes to the way the State pension payment is calculated were introduced in 2012. Read more

The winners and the losers after Paschal’s ‘safe and steady’ Budget

Finance Minister Paschal Donohoe has delivered his first Budget and it’s safe to say it was a bonanza for nobody, but who has fared the best? Read more

Nama: we won’t blacklist borrowers for loans

Nama’s top bosses have moved to pre-empt criticism of the agency’s new role managing the Government’s latest housebuilding fund, including telling the Irish Independent they’ll work with builders regardless of any previous disputes. Read more