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Hopes for increases in house prices buoy consumers on both sides of Irish border: report

Hopes for increases in house prices buoy consumers on both sides of Irish border: report

But there are also concerns about the impact which tariffs and cost of living pressures might have on finances between now and 2030, the Credit Union Consumer Sentiment Survey found.
In both Northern Ireland and the Republic, just under 40% of people expect the economy to be weaker in five years time, while just under 30% expect it to be stronger.
Overall, consumers in the south had grown more downbeat about the medium term, while NI consumers were slightly less pessimistic.
However, Northern Ireland consumers tended to be more pessimistic about the outlook for the jobs market.
But in NI, the numbers who were positive about improvements in their household incomes by 2030 did outweigh those who were expecting incomes to drop.
And expectations of improved household incomes seemed to be prompted by 'very pronounced' views that house prices would be higher in 2030 than they are now.
The survey was commissioned by the Irish League of Credit Unions (ILCU) in partnership with Core Research.
Economist Austin Hughes, who wrote the report based on the survey, said: 'With the threat of a trade war highlighting common global concerns and improving domestic activity and incomes of late giving some shared sense of more positive developments, the sentiment survey suggests there are good grounds for more similarities than differences in the views of consumers in the Republic of Ireland and Northern Ireland on their economic and financial circumstances.'
David Malone, chief executive of the ILCU, added: While consumers in both the Republic of Ireland and Northern Ireland are understandably concerned about a troubling global economic outlook, the expectation of a modest improvement of incomes and higher house prices suggests many consumers see a future of opportunity as well as challenge.'
The research has been released as the All-Island Credit Union Sector Conference takes place on Friday at the ICC in Belfast. The conference will host over 500 credit union leaders.
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MLB trade deadline: Every prospect traded in 2024 looks like a dud
MLB trade deadline: Every prospect traded in 2024 looks like a dud

The Herald Scotland

time2 days ago

  • The Herald Scotland

MLB trade deadline: Every prospect traded in 2024 looks like a dud

And for clubs hovering around or just below .500, selling means kicking the can down the road again, at least in part because internal "playoff odds" might not suggest earnestly competing is the best choice. So just what did last year bring, and are the sellers better off? Not a lot: Of the 83 prospects acquired, three have become replacement-level big league regulars, and one - Marlins slugger Kyle Stowers - an All-Star. Two more are platoon players. Yet just two traded prospects cracked the top five of the acquiring team's most recent prospects list as rated by Baseball America, while 17 others are currently in an organizational top 30. And not a single current top 100 overall prospect changed organizations. Just call the following an exercise in managing expectations. USA TODAY Sports examined the biggest deals in the last week leading up to the 2024 deadline, excluding trades that didn't involve obvious buyers and sellers, blatant cash dumps, those involving players designated for assignment and similarly minor moves. As that seven-day window opens for 2025, is it worth it for clubs to get "something" instead of nothing? Let's see: The biggest deals Dodgers get: INF/OF Tommy Edman, RHP Michael Kopech, RHP Oliver Gonzalez Cardinals get: RHP Erick Fedde, OF Tommy Pham White Sox get: INF Miguel Vargas, INF Jeral Perez, INF Alexander Albertus Outcome: Dodgers win World Series; Cardinals finish 83-79; White Sox finish 41-121 Aftermath: The two Dodger blockbusters certainly pushed them over the top to a World Series title and they even convinced Edman to stick around a while. Kopech was a regular season and playoff savior, posting eight scoreless outings in 10 postseason games, although he's been injured almost all this year. The Cardinals failed to make the postseason and Fedde, though solid down the 2024 stretch, was designated for assignment last week. For all those moving parts, the White Sox got little assurance of a future cornerstone. Vargas flourished momentarily with a long runway for big league at-bats but now has a .221/.304/.402 line with 12 homers. Perez, 20, is ranked 22nd in the Sox system and has a .296 OBP at high A while Albertus has played just 19 career games outside of complex league ball. ?? Dodgers get: RHP Jack Flaherty Tigers get: SS Trey Sweeney, C Thayron Liranzo Outcome: Tigers win wild-card series, lose in AL Division Series Aftermath: The trade that broke all conventions. The Dodgers snagged the most significant starting pitcher upgrade just before the deadline and Flaherty started three of the Dodgers' 11 postseason victories. Meanwhile, the Tigers regrouped behind a "pitching chaos" plan, gained an everyday shortstop in Sweeney, reached the playoffs - and re-signed Flaherty in the off-season. Kids, don't try this at home. Something about the exception that proves the rule. As for assets? Check back. After solidifying shortstop last season, Sweeney has produced negative WAR and a 63 adjusted OPS this season, which included a brief trip to Class AAA. Liranzo, 22, is No. 4 in Baseball America's midseason re-rank of the Tigers' system, with a .748 OPS at Class AA. ?? Padres get: LHP Tanner Scott, RHP Bryan Hoeing Marlins get: LHP Robby Snelling, RHP Adam Mazur, LHP Jay Beshears, INF Graham Paulling Outcome: Padres win wild-card series, lose in NL Division Series; Marlins finish 62-100 Aftermath: San Diego won the stakes for the top reliever on the market and gave the Dodgers their toughest fight of October, losing a five-game NLDS thriller. Scott left as a free agent; Hoeing remains a member of the Padres' bullpen. The Marlins fortified their system, getting their current No. 4 (Snelling), No. 7 (Mazur) and No. 22 (Paulling) prospects, though only Snelling - having a nice bounceback year at Class AA and AAA - projects as a potential impact player. ?? Astros get: LHP Yusei Kikuchi Blue Jays get: INF/OF Will Wagner, INF/OF Joey Loperfido, RHP Jake Bloss Outcome: Astros lose AL wild card series; Blue Jays finish 74-88 Aftermath: A pretty good ol' fashioned deadline deal here, even as there's no carrying potential star in the return. Kikuchi pitched great in Houston (5-1, 2.70 ERA) yet somehow did not start a playoff game before the Astros went two-and-out. Wagner and Loperfido have played in 33 and 10 games respectively for the Jays, each sitting on 0.0 WAR (and if that's not the perfect illustration for the modern trade deadline return...). Bloss, now the Blue Jays' No. 13 ranked prospect, underwent Tommy John surgery in May after six rocky outings at Class AAA. ?? Yankees get: INF Jazz Chisholm Marlins get: C Agustin Ramirez, INF Jared Serna, INF Abrahan Ramirez Outcome: Yankees advance to World Series Aftermath: Chisholm was a key immediate and future piece for the Yankees, producing an .825 OPS and 11 regular season homers and filling a massive hole at third, sometimes with difficulty defensively. He's their everyday All-Star second baseman this year. It looked like a strong return for the Marlins after Agustin Ramirez debuted April 21 and slugged six homers with a .923 OPS in his first 23 games. He's hit eight more homers but with just a .674 OPS and 19% K rate in the 54 games since. Abrahan Ramirez is their No. 22 prospect but at 20 is still in the Florida complex league; Serna, 23, is on the 40-man roster but has a .569 OPS at Class AA. ?? Orioles get: LHP Trevor Rogers Marlins get: OF Kyle Stowers, INF Connor Norby Outcome: Orioles lose in AL wild card series Aftermath: Like the Flaherty trade above, this one went haywire from the jump. Rogers was bad and injured for a very good Orioles team down the stretch; he's now very good for a bad Orioles team this season. Meanwhile, the Orioles made a potentially crushing mistake in choosing Stowers to deal from their surplus of outfielders. After three years on the Baltimore-AAA shuttle, he's an All-Star and possible superstar in Miami, with 22 homers, a .295 average and .937 OPS. Norby started out hot in Miami but has cooled, with a .291 OBP and 13 homers in 108 games as a Marlin. Still, he's a useful big league piece and if there's anything we learned from this deadline, it's this: The Marlins seem to know what they're doing. ?? Orioles get: RHP Zach Eflin and cash Rays get: INF Mac Horvath, RHP Jackson Baumeister, OF Matthew Etzel Outcome: Rays finish 80-82 Aftermath: Eflin served his purpose, delivering a 2.60 ERA in 10 starts and a representative playoff outing; he's been injured and inconsistent in 2025 and, having just returned from the IL, is a likely candidate to get traded again this week. The modern front office is unafraid to trade within divisions and the Orioles appeared to pull this deal off without getting burnt by the savvy Rays. Baumeister, a second-round pick and the highest-drafted pitcher in the Mike Elias era, fell out of the Rays' top 30 and is on the 60-day IL in Class AA after a 6.86 ERA in 10 Class AA starts. Horvath (23, .765 OPS at high A) and Etzel (23, .707 at AA) don't appear to be impact players. ?? Phillies get: RHP Carlos Estevez Angels get: LHP Samuel Aldegheri, RHP George Klassen Outcome: Phillies lose in NLDS; Angels finish 63-99 Aftermath: Kind of the platonic ideal deal for both franchises. The Phillies burn trade capital to try and win now under Dave Dombrowski, who's ultimately undercut by his bullpen. And the Angels acquire OK talent that's, in Aldegheri's case, rushed to the majors with uninspired results. Aldegheri posted a 4.85 ERA in three starts last year and two relief appearances this year; he has a 4.75 ERA at Class AA and is ranked No. 8 in the system. Klassen, 23, has a bit more upside, ranked No. 4 in the system and a Futures Game pick this year thanks to what Baseball America calls "mid-rotation upside." But his command remains iffy, with a 5.86 ERA and 28 walks in 58 1/3 Class AA innings. ?? Padres get: RHP Jason Adam Rays get: RHP Dylan Lesko, OF Homer Bush Jr., C J.D. Gonzalez Aftermath: Padres first-rounders are drafted to be traded and in two years Lesko went from 15th overall pick to the Rays' system, as Adam was a stalwart in '24 and an All-Star this year for the ever-contending Padres. The cost? Not much. Lesko, 21, made just four starts this year at high A before he was shut down. Bush is ranked No. 24 in the Rays' system and has speed (33 steals at Class AA) but zero power. Gonzalez, 19, is on the 60-day IL at high A rehabbing an injured elbow and has slipped out of the organizational top 30. ?? Royals get: RHP Lucas Erceg Athletics get: RHP Mason Barnett, RHP Will Klein, OF Jared Dickey Outcome: Royals win AL wild card series, lose in ALDS: Athletics finish 69-93 Aftermath: A great pickup for Kansas City, giving it a stout bullpen for the playoff drive and a controllable relief arm; in fact, Erceg may be flipped this year as the Royals hover near the buy-sell line. The A's landed their now-No. 4 prospect in Barnett, who shined at Class AA before a mixed stint at AAA this year. Klein was sold to Seattle in January. ?? Mariners get: OF Randy Arozarena Rays get: RHP Brody Hopkins, OF Aidan Smith and a player to be named Outcome: Mariners finish 85-77 Aftermath: The Rays have built mini-empires off trading with Jerry Dipoto, though this one was pretty symbiotic. Seattle missed the playoffs last year but Arozarena is still producing at an All-Star level this year, even as Tampa Bay has largely readjusted its offense without him. Hopkins, a Futures Game selection, has made gains in the Rays pitching program and is now their No. 5 prospect, with 99 strikeouts in 81 innings and a 3.32 ERA in 18 Class AA starts. Smith, who turned 21 July 23, is No. 12 in the Rays' system and trending well at Class AA, his 10 homers and 26 steals auguring a versatile offensive profile. ?? Guardians get: OF Lane Thomas Nationals get: LHP Alex Clemmey, INF Rafael Ramirez Jr., INF Jose Tena Outcome: Guardians win AL Central, lose in AL Championship Series; Nationals finish 71-91 Aftermath: Thomas hit an epic postseason home run in Cleveland, though his overall production tailed off switching leagues in the trade. The Nationals hit on Clemmey, a Futures Game participant who's now their No. 5 prospect, but still has a long climb ahead from A ball. Tena has shown no power or speed and league-average hit ability in major league stints, while Ramirez has spent all season on the Class A injured list. ?? Guardians get: RHP Alex Cobb Giants get: LHP Jacob Bresnahan and player to be named (INF Nate Furman) Outcome: Guardians win AL Central, lose in AL Championship Series; Giants finish 80-82 Aftermath: Cobb didn't pitch for the Giants in '24 due to injury but made three effective starts down the stretch and started two playoff games for the Guardians, who won his ALDS outing against Detroit before he was injured again in the ALCS. Bresnahan, 20, is ranked 16th in the Giants system and having a decent year in low A; Furman has yet to play in their system due to injury. ?? Royals get: RHP Michael Lorenzen Rangers get: LHP Walter Pennington Outcome: Rangers finish 78-84 Aftermath: In a weird buy-sell deadline for the Rangers, the Royals got the veteran arm they needed for a playoff drive as Lorenzen posted a 1.57 ERA down the stretch, joined the playoff bullpen and re-signed in K.C. Pennington made a one-game debut with the Rangers but was placed on waivers in April and claimed by Baltimore. ?? Diamondbacks get: LHP A.J. Puk Marlins get: INF Deyvison De Los Santos, OF Andrew Pintar Outcome: Diamondbacks finish 89-73, miss playoffs on tiebreaker Aftermath: Puk pitched splendidly down the stretch for Arizona, but underwent an internal brace elbow reconstruction in June; he should recover to pitch in the 2026 second half before hitting free agency. Whle De Los Santos, now the Marlins' No. 18 prospect, led all the minor leagues with 40 homers in 2025, his strikeout rate - 27% this year, with 11 homers - has long diminished his stature as a prospect. Pintar, 25, has reached Class AAA but is not on the 40-man roster. The middling middle Mariners get: DH/INF Justin Turner Blue Jays get: OF RJ Schreck Aftermath: Turner was solid (.363 OBP, .766 OPS) in 48 games with the Mariners and while they didn't make the playoffs, his lasting impact was as hitting counselor for franchise player Cal Raleigh. Schreck, 24, is Toronto's No. 16 prospect and has reached Class AA (.941 OPS in 41 games). ?? Mariners get: RHP Yimi Garcia Blue Jays get: OF Jonatan Clase, C Jacob Sharp Aftermath: Garcia was a decent high-leverage relief prize (2.70 ERA) at the deadline but didn't pitch nearly as well (6.00) in 10 games with Seattle. For that, the Blue Jays got a utility guy who produced a 64 adjusted OPS in 112 plate appearances this year before heading to the minors, and a 23-year-old Class AA catcher with a .195 slugging percentage. ?? Brewers get: RHP Nick Mears Rockies get: RHP Bradley Blalock, RHP Yujanyer Herrera Outcome: Brewers lose in NL wild card; Rockies finish 61-101 Aftermath: Mears is still paying dividends for the ever-contending Brewers, with a 0.85 WHIP this year. Blalock has a 7.18 ERA in 14 games, 11 starts, for Colorado the past two years and has an 8.32 ERA at Class AAA. Herrera, 21, underwent Tommy John surgery in October. ?? Mets get: OF Jesse Winker Nationals get: RHP Tyler Stuart Outcome: Mets lose in NLCS Aftermath: The vibes were good enough for Winker in New York, who goes back to childhood in Orlando with Francisco Lindor, that they re-upped him in the winter, and he's produced at replacement level for a calendar year. Stuart, who turns 26 in October, is the Nationals' No. 18 prospect but is out for the year with an elbow injury that's limited him to 10 appearances. ?? Rangers get: C Carson Kelly Tigers get: RHP Tyler Owens, C Liam Hicks Aftermath: Kelly's star turn wouldn't come until he joined the Cubs this year; he provided an 84 adjusted OPS to Texas' futile playoff run. Owens, 24, is Detroit's 16th-ranked prospect and made three relief appearances this season, but has been hit hard in Class AAA Toledo's pen. ?? Padres get: LHP Martin Perez Pirates get: LHP Ronaldys Jimenez Outcome: Pirates finish 76-86 Aftermath: Perez was a near-ideal deadline stopgap, pitching to a 3.46 ERA in 10 starts, though he did not make San Diego's postseason rosters. Jimenez, 19, has a 4.28 ERA as a reliever for the Pirates' Florida complex team. ?? Brewers get: RHP Frankie Montas Reds get: RHP Jakob Junis, OF Joey Wiemer, cash Outcome: Reds finish 77-85 Aftermath: The fifth trade of Montas's career, he made 11 starts for the Brewers and one playoff start, his 3 2/3 innings apparently convincing the Mets to give him an ill-advised contract last winter. Junis was on an expiring contract, while Wiemer played in two games for the Reds and was a throw-in in the winter deal sending Jonathan India to Kansas City for pitcher Brady Singer. He's spent all season in Class AAA. ?? Diamondbacks get: RHP Dylan Floro Nationals get: INF Andres Chaparro Aftermath: Floro had a 2.06 ERA when the Nationals flipped him; he posted a 9.37 mark in 15 games with Arizona. Chaparro, 26, got three hits in his major league debut with Washington but batted .186 (24-for-132) since and has a .228/.333/.465 line at Class AAA. ?? Rangers get: LHP Andrew Chafin Tigers get: RHP Joseph Montalvo, RHP Chase Lee Aftermath: Yet another uncommon W for the Tigers, who deal a major league regular yet finish 34-19 and reach the playoffs while adding Lee, now their No. 15 prospect and a reliable (1.05 WHIP) member of their big league bullpen. ?? Yankees get: RHP Mark Leiter Jr. Cubs get: INF Ben Cowles, RHP Jack Neely Outcome: Cubs finish 83-79 Aftermath: A classic get-us-an-arm deal, Leiter provided the Yankees a relief body and was actually better (1.98 ERA) in the postseason than the regular season (4.98). Cowles, 25, has a .233/.296/.379 line at Class AAA; Neely made six relief appearances for the Cubs last season but has a 6.91 ERA in AAA. Smaller potatoes Red Sox get: RHP Luis Garcia Angels get: RHP Ryan Zeferjahn, CF Matthew Lugo, RHP Yeferson Vargas, 1B/DH Niko Kavadas Outcome: Red Sox finish 81-81 Aftermath: A classic modern Red Sox half-measure, where they don't really sell but also don't buy anything of significance and leave fans wondering what the point was. Garcia logged an 8.22 ERA in 15 games; while the Red Sox basically gave the Angels a bunch of guys, Zeferjahn, Lugo and Kavadas have made their major league debuts, with Lugo a potentially useful utility player. Warm bodies, anyway, more than the Red Sox can now say about Garcia. ?? Red Sox get: C Danny Jansen Blue Jays get: SS Eddinson Paulino, INF Cutter Coffey, RHP Gilberto Batista Aftermath: See above. Jansen capped off the worst year of his career by hitting .188 in 30 games for Boston. None of the Jays' acquisitions rank in their top 30, and only Paulino, a 155-pound 23-year-old, is playing above A ball. ?? Mets get: RHP Huascar Brazoban Marlins get: OF Wilfredo Lara Aftermath: Brazoban was good (2.90 ERA) for the Marlins, bad (5.14, no playoff run) for the Mets, though he's still around as a sentient member of the Mets' bullpen, striking out a batter an inning. Lara, 21, has a .203/.300/.326 line at high A. ?? Pirates get: INF Isiah Kiner-Falefa Blue Jays get: OF Charles McAdoo Outcome: Pirates finish 76-86; Blue Jays finish 74-88 Aftermath: Hey, remember the time the Pirates were buyers, kind of? Yeah, we don't, either. But Pittsburgh was 55-52 before finishing 21-34 and just two games ahead of Toronto - which added who's now its 20th-ranked prospect in McAdoo, 23, who has a .749 OPS and 10 homers at Class AA. ?? Pirates get: LHP Jalen Beeks Rockies get: LHP Luis Peralta Aftermath: Those swashbucklin' Pirates were active at the deadline, though Beeks produced a 1.79 WHIP in 26 games for them. Peralta has made 24 relief appearances over two sesons with the Rockies but has a 10.72 ERA at Class AAA this year. ?? Mets get: RHP Paul Blackburn Athletics get: RHP Kade Morris Aftermath: Blackburn was hurt before this deal and also this year but was a five-start stopgap for the NLCS finalists. Meanwhile, the A's coached up Morris, 23, into their No. 8 overall prospect after a strong half season at Class AA. ?? Diamondbacks get: 1B Josh Bell Marlins get: Cash considerations Aftermath: The "or player to be named later" never showed up so this was just a cash dump; Nationals fans should have similar expectations with Bell on the block once again, though he did have a .796 OPS in Arizona's failed playoff drive.

Payday loan firm with thousands of customers plunges into administration – what it means for YOU and your repayments
Payday loan firm with thousands of customers plunges into administration – what it means for YOU and your repayments

Scottish Sun

time2 days ago

  • Scottish Sun

Payday loan firm with thousands of customers plunges into administration – what it means for YOU and your repayments

Read on to find out how you can make a claim ALL ALOAN Payday loan firm with thousands of customers plunges into administration – what it means for YOU and your repayments Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A Payday loan company has entered administration, affecting thousands of customers. Fund Ourselves Limited entered administration on Monday, the Financial Conduct Authority (FCA) said. Sign up for Scottish Sun newsletter Sign up 1 Payday lender Fund Ourselves Limited has gone bust Credit: PA:Press Association Borrowers are being urged to continue making payments as normal, otherwise they risk damaging their credit score or being hit with additional charges as a penalty for late or missed payments. If your credit score takes a hit it could stop you from borrowing money in the future, for example if you want to apply for a mortgage, loan or even a phone contract. Sara Williams, founder of advice website Debt Camel, explains: 'If you have taken out a loan with Fund Ourselves then you still legally owe that money, the fact they have gone bust doesn't change this. "If repaying this loan will cause you problems, talk to a debt adviser." Customers who are struggling to make repayments should speak to the lender about arranging a more affordable plan to pay back the debt. They can also get free and impartial help from MoneyHelper. Louise Brittain and Robert Young of Azets Holdings Limited have been appointed as joint administrators to wind down the firm. They will be writing to all known creditors shortly to explain what the administration means for them and how to make a claim. Fund Ourselves Limited offered high-cost short-term credit loans and a small peer-to-peer lending platform. It also offered crowdfunded loans that were used to finance high-cost short-term credit loans. The FCA took action against the company to restrict its assets and permissions to carry out regulatory activities. The regulator said: 'We are engaging with the firm and the Joint Administrators to seek to ensure the best outcomes for customers.' Customers and retail investors of the company are not covered by the Financial Services Compensation Scheme (FSCS). The scheme protects consumers when financial firms go out of business. For example, if your bank or insurer goes bust and can't give you your money back, then in some cases the FSCS may be able to give you compensation of up to £85,000. But this does not apply to Fund Ourselves Limited customers, the FCA said. What to do if you can't pay back a Payday loan HERE'S what you should do if you can't pay back a loan that you've taken out, according to the Money Advice Service: Contact the Payday lender as soon as possible - By law, they must pause any repayments for a reasonable amount of time until you can come up with a plan with a debt adviser for how to make the repayments affordable. They may also freeze interest or suspend charges. Think about cancelling the recurring payment - But ONLY if you've spoken to the lender first. This may damage your credit score further but if you need the money to pay for things like food, rent or utility bills then you may have to look at stopping the payments. You should also get free debt advice before doing this. Refuse to roll your loan over - The lender may advise you to "roll over" your loan to the next month but this is bad idea. It means you'll have to pay even more in charges and interest so you actually end up owing more. Instead, you should look at agreeing an affordable repayment plan. Get help from a free debt adviser - If you don't know how to deal with a Payday lender or are struggling with how you're going to approach them you can get free help from the following charities: StepChange Debt Charity National Debtline Citizens Advice – England and Wales Citizens Advice – Scotland Citizens Advice – Northern Ireland Advice NI The joint administrators will give more details about how any complaints will be dealt with in the coming months. If you have any questions about a claim against Fund Ourselves Limited, or any questions or loans and investments then you should contact the joint administrators' customer support team. To do so email fundourselves@ or call 07858 969 574. If you can't get answers to your questions from the administrators then you may be able to speak to the Financial Ombudsman Service. To check if you can make a complaint visit Sara Williams explains that you may be able to get a refund in certain circumstances. She said: "If the loan was large or you have borrowed several times from Fund Ourselves, you may be owed a refund for 'unaffordable lending'. "You will be able to make a claim to the administrators.' The FCA has also warned all customers to stay alert to fraud. If you are unexpectedly contacted by someone claiming to be from Fund Ourselves Limited or Azets, end the call and contact them using the number above. Which other Payday lenders have gone bust? Fund Ourselves Limited is not the first Payday lender to call it a day. One of the UK's biggest short-term lender, Wonga, went bust in August 2018. Since then, Sunny has gone into administration, affecting 50,000 customers. The high-cost credit firm went bust in 2020, blaming the impact of the coronavirus and the continued clampdown on the Payday loan sector. Piggy Bank, 247MoneyBox, QuickQuid, WageDayAdvance and Juo Loans have also gone bust, throwing customers into financial uncertainty. Many of them buckled under an influx of compensation claims over irresponsible lending. Now that the company has gone bust, compensation claims are at risk. Customers who have already submitted a claim may only get back a portion of what they are owed because the company might not be able to afford to pay you in full. The unaffordable loans may also be removed from your credit record. Borrowers who think they were irresponsibly lent to but haven't made a claim yet should do so. This is because when a company fails, your compensation claim will be added to the back of a long queue of people the business owes money to. Big investors and lenders will usually be paid first, which could mean the pot of money left for customers is much smaller. Do you have a money problem that needs sorting? Get in touch by emailing money-sm@ Plus, you can join our Sun Money Chats and Tips Facebook group to share your tips and stories

Irish consumer sentiment drops to near two-year low in July
Irish consumer sentiment drops to near two-year low in July

Reuters

time3 days ago

  • Reuters

Irish consumer sentiment drops to near two-year low in July

DUBLIN, July 25 (Reuters) - Irish consumer sentiment fell to a near two-year low in July as concerns about the cost of living and tariffs on European Union exports to the U.S. weighed, a survey showed on Friday. The Credit Union Consumer Sentiment Survey slipped to 59.1 in July from 62.5 in June, nearing April's two-year low of 58.7. The reading is below the 70.5 level posted in July 2024 and far lower than the long-term survey average of 83.9. The drop in Irish sentiment contrasted with improvements elsewhere. Consumer sentiment in the U.S. returned to its best level for five months in July, while consumer confidence in the euro zone also increased slightly this month. The components in the Irish survey that focused on household finances and spending were notably weaker, which its authors said likely reflects cost-of-living concerns and government hints that there will be fewer offsetting measures in October's budget. The threat of a 30% tariff on EU exports to the U.S. also weighed, despite positive domestic economic data, including robust tax revenues and job creation. Ireland is among the countries most exposed to President Donald Trump's sweeping economic policies, with a significant proportion of employment, tax receipts and exports dependent on a cluster of mainly tech and pharmaceutical U.S. multinational companies.

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