by Francis Conroy | Jul 12, 2023 | Hot Topics
The key finding of this report issued by the Competition and Consumer Protection Commission (CCPC) are: 58% people are satisfied with current financial situation, though one in seven report too much debt. 1 in 3 report that they are “just getting by,” among people...
by Francis Conroy | Jul 12, 2023 | Hot Topics
The report notes that: Risks to the global economy remain elevated, stemming from high inflation and the necessary monetary policy response, a tightening of financial conditions and geopolitical fragmentation. Domestically, persistent inflation and higher...
by Francis Conroy | Jul 12, 2023 | Hot Topics
Key statistics in the Overview include: 28% of complaints concerned an issue of customer service. 80% of complaints were made by complainants in the Republic of Ireland, with one in five complaints reflecting the cross-border nature of financial services...
by Francis Conroy | Jul 12, 2023 | Hot Topics
The report noted that the Financial Ombudsman Service continued to see high volumes of complaints across a wide range of issues with the top five complained about products: Current accounts Credit Cards Motor Insurance Hire Purchase Building...
by Rosemarie Donnelly | Jul 10, 2023 | Hot Topics
The report highlights the following:• Headline inflation has declined, but core inflation is picking up and is now expected to be 4.9 per cent in 2023.• The unemployment rate is now below 4 per cent, for the first time since 2004, with tight labour market conditions...
by Miriam Curran | Dec 13, 2022 | Hot Topics
The Department of Finance issued the Retail Banking Review 2022 which through its examination of the evolution of the retail banking sector and the current landscape, identified a range of issues and makes recommendations to address them. The Minister of State...