AS Government ministers arrive at their first cabinet meeting this Wednesday, both Fianna Fail and the Greens have denied that there is as a split over the affairs and future of Anglo Irish Bank. In a unified stance, all the ministers have said that they are agreed on resolving the situation surrounding the bank with the least possible cost to the taxpayer. Read more in Limerick Post Editorial this Thursday both in print and online.
AUGUST’s live register has recorded more women out of work as they account for some 70 per cent of the increase throughout the last month. Te CSO has said that the amount of people on the register has risen by 2,500 since the July figures were posted. The seasonally adjusted figure shows that some 455,000 are now on the live register. The unemployment rate crept 0.1 per cent from the previous month to 13.8 per cent nationally.
THE Central Bank and the Financial Regulator have issued data to indicate that the number of mortgage holders that are in arrears for more than 90 days has risen by over 12 per cent since the end of March. Over 36,438 of the 789,000 mortgages were in arrears for more than 90 days while 24,797 of that figure exceeded 180 days. The outstanding total of mortgages in arrears amounted to some €6.9 billion, €4.8 billion of which was outstanding for more than 180 days