European stocks fell in early deals today, led lower by growth-sensitive stocks after the US Federal Reserve indicated it may raise interest rates much earlier than expected. Fed Chair Janet Yellen sent US stocks and bonds tumbling overnight after she suggested they could rise by mid-2015, a potentially more aggressive path than many had anticipated…. Read more »
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THE tax take in January will be up 5pc compared with last year after one-off payment processing issues have been accounted for.
One of the barometers for consumer sentiment is the savings index and the latest index from Nationwide UK (Ireland) shows an increase in regular savings in December compared to the same time the previous year.
Bank of Ireland has raised enough money from private investors to pay more than €2 billion back to the Government next week.
Ulster Bank has reported an operating loss of £1.040 billion sterling for 2012 compared with a loss of £984 million for the previous year. The bank said the “challenging macroeconomic environment” across the island of Ireland had a significant impact on its financial performance for 2012.
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