Ryanair’s Chief Executive Michael O’Leary received a negative result from the UK Competition Commission (UKCC) today as he was told to reduce his minority 29.8% stake in Aer Lingus to 5%. The UKCC claimed that such a stake in Aer Lingus had led or may be expected to lead to a substantial lessening of competition on routes between the UK and Ireland. Michael had been expecting this result but said in a statement that he plans to challenge the commission’s decision. On the other hand, Aer Lingus’ Chairman Colm Barrington welcomed the outcome as he said it was unacceptable that the airline’s main competitor was allowed to remain on it’s share register.
Whether you plan to fly Aer Lingus or Ryanair, finding the right travel insurance is a must. At Paddy Compare you can compare travel insurance in Ireland with just one form. If you are planning a quick break, a family holiday or simply on business, it is important to ensure you have the right travel insurance policy. Travel insurance covers you against accidents, delays, loss of baggage and much more. Therefore compare travel insurance at Paddy Compare today.
Insurer CPP is the latest name in the mis-selling scandal to pay up to £1.3 billion sterling in compensation to customers for mis-sold credit card insurance. The Financial Conduct Authority (FCA) stated that approximately seven million customers who bought and renewed about 23 million policies will soon be contacted by CPP. The FCA had already issued a fine to CPP earlier in the year for £10.5 million for giving customers misleading and unclear information. Card protection insurance costs roughly £30 per year, with identity protection about £80 annually and in most cases both are optional extras.
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Recent good news for the Irish property rental market as prices in Dublin rose by 7.5% in the three months from April to June. According to a report from rental property experts Daft.ie, prices outside of Dublin also rose by 1% and the average rent is now €825 per calendar month, again up from €790 this time last year. Daft.ie’s report revealed that this increase in rents is due to a fall in the number of rental properties available, down to approximately 2,300 from 4,200 in August 2012.
Irish landlords will be looking to take advantage of the increasing rents available. If you own a property for investment purposes, currently or plan to rent, then finding the right landlord insurance is a must. Quality landlord insurance in Ireland will not only cover your property from structural or contents damage but protect you against tenants refusing to pay. At Paddy Compare you can compare landlord insurance across Ireland in seconds. Just complete our one page online landlord insurance quote form to find out how much you could save today.
The IT sector in Ireland is going from strength to strength, as a recent survey found that the majority of Irish tech companies plan to recruit over the next three months. The IT companies interviewed said that they expect sales to continue to grow but are still finding it difficult to locate the right talent for the jobs. The MD of the Irish Software Association, Edel Creely said there is a need to drive more IT graduates and create more IT-related college programmes. The IT sector in Ireland currently employs over 10,000 people and contributes €1.8 billion to the economy.
So if you are a business owner and thinking of employing staff, then you need to make sure you have the right business insurance cover to suit. If you own a business of any size, PL insurance is a must as it will protect you and your business against any claims for accidental damage to property or persons at your business premises. You also may need professional indemnity insurance to protect you against any claims made by dissatisfied customers that receive or use your services. At Paddy Compare you can compare business insurance, public liability insurance or professional indemnity insurance with just one form. So equip your business for the future and compare insurance quotes today.
British house prices are rising at their fastest rate in over seven years as announced by a recent survey. This made great reading for many house owners who currently find themselves in negative equity, as the value of their home is worth less than the mortgage secured against it. The Bank of England suggested that interest rates would remain low for up to another 3 years and with new government incentives on lower cost mortgages this could sustain the upward trend for some time. The question is however, what is happening in Ireland as prices still remain stagnant? Is it time to buy before house prices rise once more?
If you are a homeowner, one thing is for sure, you need quality home insurance that meets your needs. At Paddy Compare you can compare cheap home insurance in Ireland free of charge. Paddy Compare provides a quick and effective comparison service that could save you time and money. Forget contacting every home insurance broker across Ireland, instead simply complete our one page online home insurance quote form and Paddy will compare the home insurance market for you. So click now and compare home insurance quotes today.
Shipments of tablet computers fell in the second quarter as there was no word of a new tablet release from Apple. Apple normally release an iPad in the spring but they decided to change tactics and update existing products ahead of the Christmas rush. Other tablet releases from rival firms didn’t have the same effect on the market. However, Amazon is set to update the Kindle Fire range and Google is expected to produce a new larger Nexus model. Despite Apple not introducing a new tablet, they remain market leaders in the tablet industry. Apple’s market share fell considerably to 32%, with Samsung the next best on 18%.
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Many Irish residents have reduced their household spending due to the economic downturn. A recent study from the Central Statistics Office showed that over 80% have made cuts. Some cut back on discretionary spend on transport and going out to pubs and restaurants, others reduced their grocery spend or purchased cheaper clothing and footwear. Despite the cuts, many still admitted to not being able to fund their ongoing bills and many were not able to make mortgage repayments at least once in the last 12 months. To make matters worse, the introduction of the new Land and Conveyancing Law Reform Act now allows banks to repossess homes and investment properties. It is estimated that the bank have now issued over 43,000 letters threatening repossession.
This is indeed worrying times for homeowners. So why not use Paddy Compare to compare home insurance in Ireland and try and save yourself some needed cash. Simply enter your details into our online home insurance comparison form and Paddy will quickly compare home insurance prices across Ireland. It’s totally independent, free and easy to use and could save you money that could be used to meet your mortgage repayments. Get home insurance quotes now at Paddy Compare.