Posts by splash
Mortgages from credit-servicing firms face higher interest rates, Central Bank data shows
The Central Bank has published data showing customers with mortgages at credit-servicing firms face higher interest rates. The analysis shows that 90% of loans held by the so-called ‘non-bank’ sector that administers mortgages bought up by investment funds, have an interest rate of 6.5% or less. 20% of these loans had interest rates of 6%…
Read MoreINAB calls on businesses to be ‘accreditation aware’
Today on World Accreditation Day, the Irish National Accreditation Board (INAB) is calling on businesses to employ accredited services to test, inspect, verify or certify their products or services. When manufacturing a product, a business will hire a company to make sure their products or services meet the specified requirements set out in legislation or…
Read MoreNTMA sells €1.25 billion of 2033, 2050 bonds
The National Treasury Management Agency said it sold €1.25 billion of bonds maturing in 2033 and 2050 at auction today at yields of 2.84% and 3.359%. With the completion of today’s auction, the NTMA has issued €6 billion of benchmark bonds so far this year. The NTMA has said it aims to raise between €7…
Read MoreHousehold saving rate back at more typical levels in Q1 – CSO
New figures from the Central Statistics Office show that the Households Saving Rate fell to 14% in the first three months of 2023, down from 24% at the end of 2022. The CSO said the lower rate of saving in the first three months of the year marked a departure from the high rate that…
Read MoreEuro area falls into technical recession in Q1
The euro area fell into a technical recession in the first quarter of this year, according to figures from Eurostat. However, across the EU as a whole, growth remained positive at 0.1% compared to the last three months of last year. Euro area GDP growth fell by 0.1% in the first three months of this…
Read MoreEuro zone consumers hopeful of slowing inflation – ECB survey
Euro zone consumers lowered their inflation expectations, a fresh European Central Bank survey showed today, a relief for policymakers after an unexpected surge a month earlier, even if underlying price growth is still likely to be stubborn. The ECB has raised interest rates by a combined 375 basis points over the past year to arrest…
Read MoreEffective Time Management for Small Business Owners
Kildare Audit & Accountancy Services know that time is a valuable resource, especially for small business owners who often find themselves wearing multiple hats and juggling numerous responsibilities. Effective time management is crucial for productivity, efficiency, and achieving business goals. In this article Kildare Audit & Accountancy Services will explore practical strategies to help small…
Read MoreShould you move your rental properties into a limited company?
Kildare Audit & Accountancy Services understand that when you first start out building a property portfolio, you may decide to purchase each property in your own name. While this keeps things simple, there are some distinct advantages to creating a limited company to own and manage your properties. Kildare Audit & Accountancy Services has highlighted…
Read MoreManaging Cash Flow for Small Business Success
Kildare Audit & Accountancy Services know that effective cash flow management is vital for the success and sustainability of any small business. Cash flow represents the movement of money in and out of your business and directly impacts your ability to pay bills, cover expenses, invest in growth, and ultimately, thrive. In this article Kildare…
Read MoreWhat are the risks of taking out a personal guarantee on a loan?
Kildare Audit & Accountancy Services understand that to fund the growth of your business, you’ll almost certainly need to take out a business loan at some point. But many lenders will ask you to provide a personal guarantee against this business loan – and there’s a risk element to consider when taking out finance. So,…
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