Video: Bank of Ireland raises fixed mortgage rates, former solicitor jailed for 18 months

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Kenneth Fox

Bank of Ireland mortgage rates

Bank of Ireland is raising the cost of fixed-rate mortgage products by 0.25 per cent.

The move will not affect existing customers and will apply to new holders from December 10th.

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The bank says those who draw down by December 9th can still get the old lower rate.

Bank of Ireland is the latest mortgage lender to make a move since the European Central Bank (ECB) started hiking its interest rates in July.

Last month, AIB announced it was increasing rates for new customers from the end of this week by 0.5 per cent.

Former solicitor jailed

A former solicitor who stole over €200,000 from four families who were his clients has been jailed for 18 months.

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David Doyle (68) with an address at Castletown Cross, Claremorris, Co Mayo pleaded guilty at Dublin Circuit Criminal Court to nine charges of stealing cash totalling €218,579 on dates between December 2008 and November 2016.

Passing sentence on Thursday, Judge Martin Nolan said that Doyle had stolen from his clients to clear his own debts and had sought to disguise the thefts by transferring funds from one account to another.

The offence is a form of bookkeeping fraud known as “teeming and lading,” in other words, robbing Peter to pay Paul, the court heard.

Varadkar 'hypocrite' comments

Leo Varadkar branded opposition TD Roisin Shortall a “hypocrite” during fiery Dail exchanges related to his leaking of a confidential document.

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The Tánaiste later withdrew his accusation against the Social Democrats co-leader, only to accuse her of being a “purveyor of double standards” instead.

The episode took place during Leaders’ Questions when Ms Shortall raised concerns about the effectiveness of the Standards in Public Office Commission (Sipo).

That came after the ethics watchdog said it has “no role” in examining Mr Varadkar over his leaking of a document related to a draft GP contract in 2019 at a time when he was taoiseach.

Mandatory trade union

Mandatory trade union recognition is needed in the workplace, the Dáil has heard.

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The People Before Profit/Solidarity TD Mick Barry accused Tánaiste Leo Varadkar of facilitating poor treatment of workers as he called for the Government to introduce mandatory trade union recognition.

It comes as hundreds of tech jobs are in jeopardy in what the Government is viewing as a downsizing of the lucrative sector.

Suspended sentence

A teenager who “bulldozed” a woman with his car after he had accidentally reversed into her car while waiting to exit a busy shopping complex car park has received a fully-suspended sentence.

Patrick O’Donnell (20) was waiting at the barriers of Dundrum Town Centre when he accidentally reversed into the vehicle behind him. Both drivers got out, and O’Donnell offered to pay the woman for the damage rather than go through his insurance.

Garda Stephen Morley said the woman was concerned that she didn’t know how much the repair would cost and suggested that they go through the insurance. She was on the phone calling the gardaí when O’Donnell got into his car and tried to drive away.

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