Herald

Saturday, March 20 2010

Dan White

Dan White: Why the recession may be nearly over but we still feel poor

Employers' body IBEC has forecast the end of the recession. It is predicting that the Irish economy will shrink by only 0.7pc this year, less than half of its previous forecast of 1.6pc.

Dan White: We'll never get our cash back, but strip Seanie of every cent

Anglo Irish Bank, the disgraced lender which was nationalised in January 2009, this week begins High Court proceedings to recover €70.4m owed by its former chairman Sean FitzPatrick.

Dan White: Sure, it'll hurt but pensions hike was the only way to go

The Government's plan for a shake-up of the the country's pension system is drastic but necessary.

Dan White: Why most of us are going to have to work up to 10 years longer

Today, Bank of Ireland will tell its staff that it is considering raising the company's retirement age from 65 to 68 in an effort to plug a €1.5bn hole in its pension fund.

Dan White: Rents may fall even more with glut of vacant homes

Dan White answers your financial questions

Dan White: Greek tragedy is about to become a full-blown eurozone catastrophe

The worsening Greek crisis has exposed the potentially fatal flaws that lie at the heart of the euro. Unless these problems are addressed, then the future of the single currency is at risk.

Dan White: The misery of an interest-only loan

I bought a house in 2005 for €460,000. I got a mortgage from Bank of Scotland for €224,000 with the balance coming from the sale of an apartment which I had previously owned.

Dan White: €523k bill for motor tax site

The costs of running Government websites range from around €60 to a massive €523,000 a year.

Dan White: Yes we bailed them out, yes they should be grateful, but no, banks will still screw you

Bank of Ireland's decision to increase the interest rates it charges customers for personal loans and overdrafts represents yet another hammer blow for hard-pressed borrowers. And Bank of Ireland isn't alone.

Dan White: A tale of two property markets as sales rise only in good locations

Property website myhome.ie is now reporting that the number of houses in Dublin on which sales have been agreed has more than trebled over the past 12 months, up from 200 in January 2009 to 658 in the first month of this year.

Dan White: Mortgage timebomb will cause new banks crisis when it goes off

The recommendation that the moratorium on repossessions should be extended by a further year is another sign that the clock is ticking on our €150bn mortgage time bomb.

Dan White: You know things are bad when the Labour leader backs O'Leary

How could Coughlan not have seen this one coming? From the moment that O'Leary wrote to her, apparently offering to create 500 aircraft maintenance jobs at Dublin Airport, Coughlan's political antennae should have been on red alert.

Dan White: Home in on a fixed rate deal , while you still can

Last week Permanent TSB raised its variable rate mortgage rate by 0.5pc.

Dan White: Star Awards widen market

The Association of Promotional Marketing Consultants (APMC) has opened the competition to its annual Star Awards.

Dan White: Ad spending to drop 3pc

SPENDING by advertising- buying agencies is predicted to drop by just 3pc in the coming year, levelling out from previous dramatic falls.

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