Banks should treat customers “fairly and consistently”, the finance minister has said, as the European Central Bank (ECB) cut interest rates for the first time in years. The move to cut its main lending rate by 0.25 per cent will impact mortgage holders across the state. The ECB’s key lending rate, which affects mortgage rates, […]
Tag: McGrath
Three companies pay a third of corporation tax receipts, McGrath says
About a third of the State’s corporation tax receipts is collected from three individual companies, the Minister for Finance has said. Michael McGrath warned of a “concentration risk” as the top 10 businesses in the Republic contribute almost 60 per cent of all corporation tax. It came as a report claimed it is “probable” that […]