The disappearance of the original versions of two letters copied to finance minister Brian Lenihan has been uncovered by the Sinn Féin TD Pearse Doherty through Freedom of Information.
Bank of Ireland, AIB, Merrill Lynch International Bank, Ulster Bank and Permanent TSB have all been named on a list of 128 banks to take part in the process.
AIB boss David Duffy said this week the bank would pull out of a process aimed at reaching a solution for all of the residents, and try and reach deals with just its own customers.
Members of the Oireachtas Finance Committee took exception to Jim Brown’s repeated assertion this afternoon that “there is a cost to living in a home”.
Bank of Ireland’s response to a Michael Noonan letter on preservation of records was “measured at best, reserved at worst” according to committee chairman Ciarán Lynch.
Richie Boucher said that it ‘was not for him’ to say why people weren’t paying their mortgages, but encouraged those in difficulty to engage with the bank.
By raising transactions charges, banks are creating a mental barrier which will cause people to reconsider spending on even small items – reducing demand and consumption and, ultimately, doing our economy no favours, writes Noel Rock.
Michael Noonan has explained the significance of last night’s agreement between eurozone finance ministers about the potential retrospective recapitalisation of Ireland’s banks.
THE GOVERNMENT IS planning to introduce new legislation this year that would give employees the legal right to request to work remotely.
Remote work hubs will be invested in to ensure they are in locations that suit commuters and are close to childcare facilities.
The practice has become normalised since the beginning of the Covid-19 pandemic, and many are relishing the opportunity to avoid long commutes and being away from home.
If it was brought in on a permanent basis, it would also mean employees could technically live wherever they wanted.
So today we’re asking: Would you live somewhere else if you had the option to work from home permanently?