Number of mortgage approvals falls, Truss under fire over tax cuts, Tayto Park gets a rebrand

The number of people gaining mortgage approvals to buy homes fell in August, according to figures from the banking industry, suggesting a softening in the housing market. Mortgage approvals data for August from the Banking and Payments Federation of Ireland showed a drop of more than 21 per cent in the number of buy-to-let approvals compared with 2021, while approvals for people moving house fell 5.4 per cent. However, the overall total of mortgage approvals ...