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Huge differences in mortgage rates, and the “lack of fairness for bank customers” on variable rates, is placing “financial and emotional stress” on families across east Galway.

Linked Finance, Ireland’s leading peer-to-peer online lending company, is delighted to announce that Beechlawn Organic farm, a business based in Ballinasloe will shortly secure funding of a loan of €20,000 via the Linked Finance platform. The business, which specialises in organic fruit and vegetables, will now invest the money in further development of the packing and office facilities, a down payment on a new refrigerated delivery van and a new computer for the office.

A man remains in custody after he pleaded guilty to a number of fraud offences at the AIB in Mullingar.

Linked Finance, Ireland’s leading peer to peer online lending company, announced a loan of €20,000 to The Adventure Islands, a business based in Westport. The business, which specialises in outdoor recreation in Westport, will now be able to offer a clay pigeon shooting range as part of its activities, resulting in more jobs for the local area.

All banks are reporting a significant spike in the numbers of customers switching bank accounts in recent weeks, primarily due to the withdrawal of providers from the Irish market. For those with multiple accounts linked to their current account and numerous direct debits, credits and standing orders it can appear daunting. What most people don’t realise is that your new banking provider does most of the work for you and will have your new account up and running within ten days. You just need to remember to cancel your old account.

Variable rate customers across Galway are being “hammered” due to the Government’s failure to stop banks from increasing the interest rates.

Newly published proposals on tackling the mortgage crisis will put homeowners “back in the driving seat” instead of giving “all the power to the banks”.

With the busiest shopping period of the year upon us, especially online, the public and retailers alike should take steps to protect themselves from fraud.

A traveller’s cheque scam was so sophisticated that it not only duped an Athenry man struggling under the pressure of financial difficulty but also managed to pass the anti-fraud measures of two financial institutions a number of times before being detected, the Galway Circuit Criminal Court heard this week.

Thousands of hard pressed mortgage holders in Mayo have been hit with yet another blow following the news that AIB is to hike up its mortgage interest rate by another 0.5 per cent. Fianna Fáil TD Dara Calleary has said the decision is further evidence that the banks and the Government have completely abandoned fraught mortgage holders.