Latest Updates

  1. Banks Must Re-Introduce Full COVID-19 Payment Breaks

    Mon Jan 11, 2021 - 12:49 pm
    Irish Banks must re-introduce “blanket” Covid-19 payment breaks, like the first six months of the pandemic, for personal and businesses as permitted under European Banking Authority (EBA) guidance...
  2. Discrimination against loyal customers with differential pricing must end

    Mon Dec 14, 2020 - 12:48 pm
    Labour to publish Consumer Protection bill to end the perverse ‘loyalty penalty’Central Bank interim report shows urgent need for action.With an interim Central Bank report showing that more loyal...
  3. Insurance Plan long on aspiration but short on concrete actions

    Tue Dec 8, 2020 - 12:47 pm
    Long-promised reforms on perjury and the Personal Injuries Assessment Board all welcome.Absence of plans for innovative pooled insurance schemes to help make insurance more affordable for childcare pr...
  4. AIB job cuts plan a hammer blow for bank staff

    Wed Dec 2, 2020 - 12:46 pm
    Moratorium on economic lay-offs needed for banking sectorMinister must use his power to prevent 1500 planned job cuts at bank in which State is majority shareholderAIB management must immediately enga...
  5. New EBA guidance should pave way for reintroduction of payment breaks

    Wed Dec 2, 2020 - 12:45 pm
    No excuse for Irish banks not to reactivate structured payment breaks for borrowers in financial difficulty because of Covid-19 restrictions Labour’s Finance spokesperson Ged Nash has said Irish ban...
  6. Hike in Retail Export Scheme threshold in Brexit bill damaging for tourist-retail sector

    Wed Nov 25, 2020 - 12:44 pm
    Over 1,000 jobs at risk with rise in RES threshold from 0 to €75.Government sneak in damaging change through amendment to Brexit bill.Labour’s Finance spokesperson Ged Nash TD has said that over 1...
  7. "We Must Begin to Measure What Really Matters” - Nash Launches Measuring Quality of Life in Ireland Bill

    Tue Nov 24, 2020 - 12:43 pm
    Labour Bill proposes new and holistic way of measuring economic, social and environmental wellbeing and progress New quality of life metrics will help policy makers targe...
  8. Central Bank has major questions to answer over failure to enforce consumer protection code

    Fri Nov 13, 2020 - 12:42 pm
    Central Bank has not done a single enforcement action for a breach of the Consumer Protection Code in over 4 years, outside of the Tracker Scandal.From 2006 to 2016, the Central Bank completed 26 enfo...
  9. Central Bank figures show mortgage rip-off continues

    Wed Nov 11, 2020 - 12:41 pm
    Ireland has third highest mortgage rate in Euro areaValue of renegotiated mortgages up 56% in September on AugustExtension of mortgage moratorium needed to support consumers through pandemicResponding...
  10. Nash moves legislation in Dáil to close lobbying loophole

    Tue Nov 3, 2020 - 12:40 pm
    Proposed change to law gives Standards in Public Office Commission (SIPO) the power to investigate and sanction former politicians who breach lobbying and ethics rules Recent Fine Gael & Sinn Féi...
  11. Government failing to inform the public about available mortgage savings

    Thu Oct 29, 2020 - 12:37 pm
    Central Bank report published today shows around 100,000 mortgage holders could save over €1 billion in mortgage repayments by switching their mortgage, with available savings of €236 million esti...
  12. Minister should clarify if he raised Ulster Bank loan book sale reports with company management

    Wed Oct 21, 2020 - 11:36 am
    Ulster Bank management must engage meaningfully with Financial Services Union (FSU) at the earliest opportunityMoratorium on economic lay-offs needed for banking sector, starting with banks part-owned...
  13. Mortgage and loan payment break essential for laid-off workers and struggling business owners

    Tue Oct 20, 2020 - 11:34 am
    Long term strategy needed for payment breaks in any future lockdownsBorrowers should not have credit rating damaged by six week lockdownWith thousands of workers due to be laid off from Wednesday nigh...
  14. Nash joins campaign to save Ulster Bank branches from closure

    Fri Oct 16, 2020 - 03:08 pm
    "It has emerged that Ulster Bank’s parent company, NatWest, are considering pulling their operations out of Ireland which could result in the closure of bank branches right across the country, inclu...