Banks still too slow to admit tracker failings
The latest update on the tracker scandal shows that the numbers affected almost doubled in the space of a few months, long after the investigation began
A decade ago, in a television advertisement for the Financial Regulator, a middle-aged man stood up on a Dublin bus and admitted somewhat sheepishly: “I don’t know what a tracker mortgage is”.
He's not the only one. Banks have been a bit hazy on the detail of the t's and c's of trackers too - and in thousands of cases, those t's and c's have simply been ignored.
Soon after that...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
EY reports €393m revenues in Republic of Ireland for 2021 financial year
Revenues in the Republic increased 9.5 per cent for the year up to June 2021 to €393 million, up from €359 million in the previous year
Out of Office: National Cyber Security Centre to get additional €2.5 funding and 20 new roles
The business news you might have missed, all in one place
Content is king – just ask Netflix as rivals attempt to steal its crown
A WarnerMedia-Discovery deal puts the spotlight on streaming wars as around 100 platforms vie for the attention of often fickle audiences
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures