Bewley’s U-turn; mortgage rate cut; and anti-social travel – The Irish Times

Bewley’s has made another U-turn, agreeing to pay its Grafton Street landlord – controlled by developer Johnny Ronan – over €740,000 in rent arrears and agreeing to reopen its cafe less than a month after making all its staff redundant and announcing the venue’s permanent closure. Ciarán Hancock has the details.

More good news, this time for borrowers as Permanent TSB’s new CEO Eamonn Crowley moves to reduce its market lagging variable mortgage rate and ending the practice of charging existing customers a premium over new borrowers for mortgage lending up to certain limits, writes Joe Brennan. The news comes as Avantcard eyes the Irish mortgage market.

Not such a good day for Bank of Ireland who were roundly condemned in a Central Bank report and fined €1.66 million. Joe writes that the bank was accused of a series of failures – failing to make basic anti-fraud checks, failing to

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