Press Archive
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...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..."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...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...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...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...Price gouging goes on as profits of car insurers continue to tower over falls in premiums
Tue Nov 3, 2020 - 12:39 pm
...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...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...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...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...RE: 1,400 Job Cuts at Bank of Ireland (BOI) - Letter to Minister for Finance
Mon Aug 10, 2020 - 11:21 am
Dear Minister Donohoe,I am writing to you regarding the recent announcement by Bank of Ireland (on Wednesday 5th August 2020) to roll out a voluntary redundancy plan with the aim of reducing its staff...RE: 1,400 Job Cuts at Bank of Ireland (BOI) - Letter to the CEO of BOI
Mon Aug 10, 2020 - 11:16 am
Dear Ms. McDonagh,I am urgently writing to you regarding the recent announcement by Bank of Ireland (on Wednesday 5th August 2020) to roll out a voluntary redundancy plan with the aim of reducing its ...No Cash without Conditions - Labour tables amendments to Finance bill
Wed Jul 29, 2020 - 11:14 am
Labour says Financial Provisions (Covid-19) Bill should be amended to better protect workers in bailed out firms Labour’s Finance spokesperson Ged Nash TD has brought forward amendments to toda...Government Need to Come Clean on Phoney Pay Cut
Tue Jul 28, 2020 - 11:13 am
Reacting to the news of the Government’s phoney 10% pay cut which will leave Minister’s €1,000 better-off, Labour Spokesperson on Public Expenditure & Reform Ged Nash TD stated that th...