Borrowers may be paying €37k too much
PEOPLE who fail to get the best deal on their mortgage could end up shelling out €37,000 more than they need to over the life of the loan, research carried out by Simply Mortgages has found.
This is particularly the case if people are on standard variable rate mortgages as opposed to tracker rate mortgages.
CAR giant Ford has hired investment bankers to help sell its luxury car brands Jaguar and Land Rover.
C&C chief executive Maurice Pratt saw his total remuneration package jump 17pc to €1.4m for the year to the end of February, according to the annual report.
INDUSTRIAL output jumped by 6.2pc in the year to the end of April, according to new data from the Central Statistics Office.
KINGSPAN co-founder and director Brendan Murtagh fetched almost €90m by selling 2.4m shares, or a 1.4pc stake, in the group.
BANK of Scotland (Ireland) has acquired 10pc of Blue Ocean Wireless in a deal valuing the maritime mobile service provider at €36.3m. BOW was only set up last year.
The fraud-busting software specialist Norkom celebrated a year on the Stock Exchange with the publication of annual results showing a 40pc climb in earnings to €4.5m for the year ending March 31, 2007.
Eleven towns in Mayo and Galway are set to benefit from supplies of natural gas, with work scheduled to begin next month on new pipelines to both Castlebar and Westport, said Bord Gáis.
BREAD maker McCambridge has walked away from talks to take over troubled UK cake maker Inter Link Foods.
TOYOTA unseated General Motors as the world's biggest car maker last year, according to a leading industry journal.
RECRUITMENT firm CPL Resources reported an upbeat trading update and announced two small bolt-on acquisitions. Full-year results to the end of June will be ahead of market consensus.
LIAM Carroll has built his stake in the convenience foods group Greencore to 29.51pc.
THE global fund management community is bracing itself for higher interest rates and believes equity valuations are under threat, surveys conducted by Merrill Lynch have shown.
IDA chief executive Sean Dorgan will retire from the post at the end of this year. He has been ceo since 1999.
IRISH Nationwide Building Society has raised €1.3bn in a bond transaction over a five-year term arranged by BNP Paribas and Danske Bank.
ONE51 and Doyle Group agreed to offer €22 a share for Irish Continental Group, valuing Ireland's largest ferry operator at €560.9m.
CYRIL HARDIMAN
