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Sinn Féin TD Rose Conway Walsh has said that the latest report on house rental prices has shown the government has 'lost control' of the housing market.

Responding to the Central Bank Retail Interest Rates for June, Brokers Ireland has stated: "While there is a very welcome and further narrowing of the gap between Ireland and the euro area average interest rate, with Irish mortgage holders now paying less than 1pc (0.78pc) over and above the euro area average - it is of no practical effect to borrowers who should concentrate on getting the best mortgage rate available in the Irish market; and who should do so in the very short window left before the ECB raises its rate further as it has already indicated."

As the first groups of customers to receive their notice letter/emails reach the halfway point in their notice period, Ulster Bank’s new campaign is reminding customers in Athlone and its immediate environs to consider their options sooner rather than later and take steps to open a new account/switch provider for their current and deposit accounts and to visit the branch in Mardyke Street for additional support, should they need it.

RONAN FAGAN

Commenting on the recent RTB Q1 Rent Index IPAV, the Institute of Professional Auctioneers and Valuers, said one of the primary reasons rents continue to increase at a high level, 9.2 percent nationally, is because of the scarcity of properties.

The Atlantic Technological University (ATU) is currently conducting research with six island communities off the west and northwest coast to measure the impact of tourism on the islands. Visitors to Islands have become increasingly popular since the pandemic and while it has led to some economic benefits for some, it has also added extra pressures on the islands resources.

Local Fianna Fáil Minister for Trade Promotion, Digital and Digital Regulation, Deputy Robert Troy, has welcomed Oireachtas the approval of The Payment of Wages (Amendment) (Tips and Gratuities) Bill last night.

Jaguar is launching a new five-year warranty across its entire vehicle range in Ireland, including the electric Jaguar I-Pace, and all mild or plug-in hybrid electric vehicles.

A new initiative designed to unite local social enterprise networks with the aim of sharing business support thoughts has been established.

As the Central Bank of Ireland’s new regulations to combat ‘differential’ pricing in motor and home insurance come into effect, Brokers Ireland said it is unfortunate that the regulations are limited and will not outlaw all forms of differential pricing, but only discrimination for reason of tenure.