Central Bank job cuts to affect up to 140 employees
The Central Bank confirmed the plans on Wednesday With the regulator launching a voluntary severance scheme to slash €75 million from projected spending by 2030, Central Bank job cuts will affect up to 140 staff, it has been revealed. The Central Bank of Ireland has confirmed plans to cut up to 140 jobs. The move […]
1 week ago
Klarna culture: How buy now, pay later crept into Irish shopping baskets
How Klarna and buy now, pay later systems actually work A notice in the window of Schuh on a busy Dublin street tells you most of what you need to know about how Irish shopping has changed. It is not advertising a sale. It is advertising Klarna, the option to walk out with what you […]
2 months ago
A historic change is coming for first-time buyers’ borrowing, what it means for you
‘The Celtic Tiger is alive!’ Mortgage lender Núa Money will be enabling first-time buyers to borrow up to five times their income. The mortgage lender will be the first financial institution in Ireland to offer this to customers since the financial crash in 2008. The Central Bank’s loan-to-income limit restricts the amount of money first-time […]
6 months ago
€220,000 cap for first-time buyers to be removed
The news was announced this afternoon. The Central Bank will remove the €220,000 cap on mortgage lending for first-time buyers. The rule requiring first-time buyers to have a deposit of 20% on properties above a certain value will be scrapped. This means that first time buyers will be able to borrow up to 90% of […]
10 years ago