All the updated news related to credit

All the news related to credit updated in real time

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Benefit cuts don’t make sense if you want growth, says Iain Duncan Smith

Sir Iain Duncan Smith has said “it doesn’t make sense” not to uprate benefits in line with inflation, as he waded in on the latest Tory row. The Conservative former leader and work and pensions secretary argued that Universal Credit and growth go ...

04 Oct 2022 at 14:52

What could the looming benefits battle mean for households?

A political battle is looming over whether welfare payments will be increased next April in line with soaring inflation. Here is a look at what it could mean for households. – What is the controversy about? Prime Minister Liz Truss has said no ...

04 Oct 2022 at 13:00

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Man accused of Lordship Credit Union robbery has case transferred to Special Criminal Court

A man who was extradited from the UK accused of a robbery at Lordship Credit Union nine years ago, during which Detective Garda Adrian Donohoe was murdered, has had his case transferred for trial at the non-jury Special Criminal Court. ...

04 Oct 2022 at 14:33

Spending on credit cards up a third amid cost-of-living crunch

Credit card spending has shot up by a third as more people turn to borrowing cash amid the cost-of-living crunch. UK credit card holders spent just under £20 billion in May, a 33% jump in the total spend compared to the same month ...

17 Aug 2022 at 12:54

National News

Teenagers splash the cash in the sun while adult spending was up in pubs and restaurants

We spent more on pubs last month despite our overall spending dropping in comparison to the previous month, but teenagers ranked up spending in the according to latest figures Analysis of Bank of Ireland debit and credit card ...

15 Aug 2022 at 00:33

Cash use set to survive despite slump during pandemic – report

Cash may no longer be king but its rapid decline in use during the pandemic has at least eased, according to a report. Trade body UK Finance said many people were forced to use alternative ways of spending due to lockdowns ...

18 Aug 2022 at 11:55

100,000 sign petition calling for emergency budget amid cost-of-living crisis

More than 100,000 people have signed a petition supporting a call by former prime minister Gordon Brown for an emergency budget to tackle the energy and cost-of-living crisis. Campaign group 38 Degrees said the numbers ...

17 Aug 2022 at 08:52

Food bank interest surges with 250% increase in online searches: Labour analysis

Interest in food bank services has surged dramatically – with a 250% increase in online searches for “food banks near me” since March 2020, Labour Party analysis shows. Ahead of his conference party speech, shadow ...

26 Sept 2022 at 07:00

National Gallery announces ‘pay what you wish’ scheme amid cost-of-living crisis

Visitors to the National Gallery will be able to pay “as much or as little as they like” on Friday evenings for the run of a Lucian Freud exhibition as part of a new scheme responding to the cost-of-living crisis,...

26 Sept 2022 at 12:30

Local News

£45,000 funding for new play on John and Pat Hume

The Irish League of Credit Unions (ILCU) have honoured John and Pat Hume’s contribution to the Credit Union Movement in Derry and throughout Ireland by announcing their support for 'Beyond Belief', a major new ...

27 Sept 2022 at 19:33

Jump in mortgage approvals in August is ‘calm before the storm’

The number of home-buyer mortgage approvals increased sharply in August, to the highest level since January, according to the Bank of England. But experts said the jump in loan approvals is likely to reflect ...

30 Sept 2022 at 12:05

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Spending fell in Waterford last month despite rise in pub and restaurant purchases

The overall spend in Waterford dropped by 1 per cent last month, according to figures released. Waterford was one of a number of counties which saw local spend dropping in July. On a regional level the ...

13 Aug 2022 at 14:33

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