US stocks fluctuated in early trading, as investors weighed the timing for higher interest rates amid data showing the fastest rise in consumer prices in two years.  Photographer: Chris Ratcliffe/Bloomberg

European stocks were little changed, posting their biggest weekly gain since mid-April. The Stoxx Europe 600 Index slipped less than 0.1 per cent to (...)

AIB is implementing its second SVR rate cut in six months, which will reduce its headline rate to 3.9 per cent from 4.15 per cent

Bank of Ireland has told Minister for Finance Michael Noonan its focus will be on guiding customers into switching to its lower fixed-term rates.The I(...)

Mr Noonan said there was agreement from all lenders that customers should have access to more competitive mortgage products

Homeowners with standard variable mortgages (SVR) look set to benefit from reduced interest rates from July.Minister for Finance Michael Noonan said h(...)

 Minister for Finance Michael Noonan relayed message on interest rates to AIB, Ulster Bank and ACC when they met  yesterday. Photograph: Gareth Chaney/Collins

The Government is believed to want some signal from the banks they will assist customers in availing of lower variable interest rates within six to ei(...)

AIB’s rate cuts have put some  blue water between it and Bank of Ireland,  whose SVR is 4.5 per cent. These things are never black and white, of course – Bank of Ireland will pay the 1 per cent stamp duty for first-time buyers.

It was no coincidence that on the same day AIB was due to meet the Minister for Finance to discuss its standard variable mortgage rates, it was also l(...)

In Dublin, Aer Lingus stock was up slightly but Ryanair fell by 1.8% as speculation about an IAG bid returns. Photograph: Eric Luke

The dollar bounced back from four-month lows, while Greek bond yields jumped on worries the country would not be able to make its debt payments.Wall (...)

Retail shareholders in Permanent TSB have subscribed for 479,954 new shares in the company under the terms of an open offer, which formed part of the bank’s €525 million recent capital raise.

Permanent TSB has raised €300 million of unsecured debt on the market, the first unguaranteed debt transaction by the bank since before the crash in 2(...)

Permanent TSB: its rating has been raised in the wake of the bank’s securing €525 million in capital. Photograph: Alan Betson/The Irish Times

Standard & Poor’s has followed Moody’s by raising its rating on Permanent TSB in the wake of the bank’s securing €525 million in capital. The rati(...)

A housing estate in  Dublin. Housing groups and the Opposition have criticised the Government’s proposals for reform of the mortgage-to-rent scheme. File photograph: Frank Miller/The Irish Times

Housing groups and the Opposition have criticised the Government’s proposals for reform of the mortgage-to-rent scheme announced today.The Government (...)

More than 550,000 equities in building materials giant CRH changed hands in Dublin

Retailers and miners helped European stocks post their best three-day advance since January. Analysts believe both sides will find a way to hold off (...)