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09/07/2012
ILCU Reports Finds 47% Struggling To Pay Bills
According to a new report by the Irish League of Credit Unions, over 1.8 million people are left with €100 or less to live on a month after essential bills are paid.
The new report has been generated using the unions “What's Left'' tracker, which records household expenditure and how much disposable income Irish people have.
69% of people have less disposable income than 12 months ago, according to the ILCU report.
Mortgage and rent continue to be the most expensive bills for the majority of Irish adults, with groceries and utility bills in second and third place respectively.
47% of consumers struggle to pay all their bills on time, with the TV licence, phone bills and bin charges the most likely bills to be put off by consumers.
The report also shows an increase in the percentage of people who agreed that they were currently living to work, as opposed to working to live.
(H/GK)
The new report has been generated using the unions “What's Left'' tracker, which records household expenditure and how much disposable income Irish people have.
69% of people have less disposable income than 12 months ago, according to the ILCU report.
Mortgage and rent continue to be the most expensive bills for the majority of Irish adults, with groceries and utility bills in second and third place respectively.
47% of consumers struggle to pay all their bills on time, with the TV licence, phone bills and bin charges the most likely bills to be put off by consumers.
The report also shows an increase in the percentage of people who agreed that they were currently living to work, as opposed to working to live.
(H/GK)
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The Minister for Energy, Alex White, has welcomed an announcement by energy supplier Airtricity that it will reduce its domestic energy prices by by 6%. The price reduction will see gas bills reduced by 4% and electricity by 2% and follows a similar announcement by Bord Gais Energy last week.
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27 January 2012
DPP To Decide Whether Garland Should Be Prosecuted
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DPP To Decide Whether Garland Should Be Prosecuted
The Director of Public Prosecutions (DPP) has been asked to examine whether veteran republican Seán Garland was involved in a money plot. The US Secret Service had accused the former Worker Party president of conspiring to circulate high-grade counterfeit dollar bills throughout the 1990's on behalf of North Korea.
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Third Of Irish Water Customer Now Registered
Irish Water have reported that some 990,000 customers have now registered for water charges out of its total customer base of 1.5 million. The total number of those registered with the utility is now 1.237 million, which includes those who are not customers of Irish Water but have logged details in order to claim the €100 Water Conservation Grant.
Third Of Irish Water Customer Now Registered
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Wage Cuts Announced For Estate Agents
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Staff in one of Ireland's largest estate agents have been told they are to receive a pay cut of 10% as house sales plummet. The Managing Director of Lisney Estate Agents, which employs 170 people, confirmed the pay cut to staff on Thursday. Shocked workers were told of the unprecedented move last week at a meeting addressed by management.
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Ireland WeatherToday:Scattered showers of rain, sleet and, over hills, snow in the morning with sunny spells, the best of these in the south. The showers dying out this afternoon with increasing amounts of sunshine. Occasionally fresh westerly or northwesterly winds easing. Maximum temperature 6 °C.Tonight:Clear start with a fairly widespread frost developing. Increasing cloud brings occasionally heavy rain overnight, preceded, especially over western hills, briefly by snow. Occasional southeasterly gales, severe near coasts, developing. Minimum temperature -2 °C.
