Irelands Central Bank believes that ploughing billions more into the Banking system is too costly and it is now exploring “cheaper” measures to fix the current problems. The news comes after a week of feverish discussion on further support for Irish Banks, with up to €30bn of the country’s €80bn bailout believed to have been…
Speaking at a recent Ulster Bank leadership conference under the theme “turning the Corner – Surviving to Thriving” FPM Managing Partner Feargal McCormack stated “I don’t know all the answers but I acknowledge the economic downturn and the global crisis in banking has been unpleasant. The Recession and the changing banking regulations environment has taught…
The government has laid out its plans for boosting small business activity. Small firms account for 60 per cent of jobs in the UK and contribute 50 per cent of GDP. Yet just one in five small businesses actually record a growth in their workforces each year. To enable smaller firms the chance to develop…
(Year/Margin)
Car Loans etc
2007 3.5%
2010 12.5%
Cards
2007 10.8%
2010 18.2%
Mortgages
2007 0.37%
2010 3.25%
Morally questionable actions of banks in Northern Ireland are contributing to customers taking their own lives, church leaders have warned. Senior religious figures made the stark claim as they gave a joint presentation to a special Assembly committee hearing on the problems business owners are having with bankers in the current economic climate. Reverend Donald…
