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Deutsche and Commerzbank consider merger cuts as talks enter endgame

Deutsche and Commerzbank consider merger cuts as talks enter endgame Deutsche Bank and Commerzbank are now getting down to the finer details of just how a takeover could actually work. With talks expected to last at least four weeks, there’s a mountain of thorny detail to work through. Cost cuts – and where to make […]

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‘American selfishness on trade’ criticised by EU

‘American selfishness on trade’ criticised by EU EUROPEAN Commission vice-president Jyrki Katainen said on Tuesday that Washington’s “selfish” approach to trade was not sustainable, but it was too early to say that EU-US trade talks were doomed to fail. The Trump administration has imposed stiff tariffs on US imports of steel and aluminium and set […]

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Banks fight thousands of disputed tracker cases

Banks fight thousands of disputed tracker cases Thousands of tracker cases continue to be disputed by banks, despite the scandal dragging on for a decade now. An additional 8,700 cases in three different banks are being disputed by the lenders. If the banks eventually have to concede on these it will take the total number […]

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UK jobs growth surges as labour market defies Brexit nerves

UK jobs growth surges as labour market defies Brexit UK employers increased their hiring at the fastest pace in more than three years in the three months to January as the country’s labour market defied the broader weakness in the overall economy as Brexit approached. The number of people in work surged by 222,000, helping […]

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Taoiseach hosts talks with Tusk as Brexit deal deadline looms

Taoiseach hosts talks with Tusk as Brexit deal deadline looms Taoiseach Leo Varadkar is meeting European Council President Donald Tusk in Dublin with just ten days left before Brexit, but with no deal in sight. Mr Tusk and Mr Varadkar shook hands on the steps of Government Buildings, but declined to comment to waiting media. […]

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Ireland outpaces EU average again with 6.7pc GDP rise

ECONOMIC growth came in at 6.7pc in 2018, and although it slowed in the second half of last year, Ireland has experienced the most rapid growth of any eurozone country since 2014. Strong exports were once again behind the strong growth seen here, according to data from the Central Statistics Office released yesterday. However, there […]

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Mortgage arrears dip as court repossessions fall to nine-year low

MORTGAGE arrears figures from the Central Bank show another fall in the overall numbers behind on their payments. But there is only a small alteration in the numbers in long-term arrears. This is despite the issue persisting for years now. Court-ordered repossessions are at a nine-year low. The figures show that overall some 63,246 residential […]

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Sterling on course for biggest weekly gain in 7 weeks

Sterling was seeing its best week since January, as investors waited for next week’s parliamentary vote on Prime Minister Theresa May’s deal to exit the European Union. Sterling has rallied this week – it is up 1.7% against the dollar – after British politicians voted against leaving the EU without a deal and backed a […]

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No tariffs on EU goods coming into NI in no-deal Brexit

The UK will not introduce any new checks or controls on goods moving across the land border into Northern Ireland if the UK leaves the European Union without a deal, it has been announced. Under a temporary and unilateral regime announced by the British government, EU goods arriving from the Republic and remaining in Northern […]

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No tariffs on EU goods coming into NI in no-deal Brexit

The UK will not introduce any new checks or controls on goods moving across the land border into Northern Ireland if the UK leaves the European Union without a deal, it has been announced. Under a temporary and unilateral regime announced by the British government, EU goods arriving from the Republic and remaining in Northern […]

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