Brian Hayes

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Latest data form the banking and payments federation show first-time buyers accounted for 52% of the drawdowns in the first quarter. File photograph: Photocall

Mortgage activity – approvals and drawdowns – remained strong in the first quarter for 2021 despite restrictions to contain the coronavirus. Figures (...)

The Guinness Storehouse at St James’s Gate Brewery in Dublin is one of Ireland’s top tourist attractions. Photograph Tim Clayton/Getty Images

State-backed incentives for domestic tourism could unlock up to €6 billion for the domestic economy and aid the recovery of service-based small and me(...)

Brian Hayes, chief executive of the Banking and Payments Federation Ireland. Photograph: Alan Betson / The Irish Times

The departure of KBC Group from the Irish market, fresh on the heels of Ulster Bank, raises “fundamental questions” about the banking sector here and (...)

Average payment value rose from €11.92 in February 2020 to €15.88 a year later. Photograph: iStock

Some 1.6 million contactless payments were made per day in February, according to new data. In value terms, that averaged out at €26.2 million each d(...)

Seán Flanagan onboard Jeff Kidder clears the last to win the Rathbarry & Glenview Studs Juvenile Hurdle. Photograph: Morgan Treacy/Inpho

Champion jockey Paul Townend is set to undergo further scans this week on a foot injury that threatens to rule him out of Saturday’s Aintree Grand Nat(...)

The former Cootehall garda station, with Tom Inglis peering through the window. Photograph: Brian Farrell

The former cell at the barracks in Cootehall, Co Roscommon, is now a unisex toilet. The upstairs “married quarters”, where John McGahern; his father, (...)

Industry body BFPI urged shoppers to exercise caution when shopping online. Photograph: iStock

Shoppers are being warned to take extra precautions in the run up to the Easter weekend as new figures showed online payment fraud is on the rise. A(...)

The value of mortgage drawdowns in the final three months of last year reached its highest quarterly level since the fourth quarter of 2008

First-time buyers accounted for over half the value and volume of mortgages approved in February, according to a report from the Banking and Payments (...)

Property investors accounted for less than 1 per cent of all those who completed the purchase of a property with a mortgage last year. File photograph: Rui Vieira/PA Wire

Property investors accounted for less than 1 per cent of all mortgage drawdowns in 2020, indicating a sharp move away from buy-to-let mortgages to fun(...)

A deserted Grafton Street during the pandemic. Photograph: Gareth Chaney/Collins

It has had an impact like no other. Hundreds of thousands of people have been out of work for some time, many since March 2020. Hotels are closed, hai(...)

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