Cork South Central Constituency

Local News Stories

Tens of thousands of consumers denied access to financial ombudsman over restrictive ‘six year rule’

Thousands of consumers of financial products are being denied access to the Financial Services Ombudsman (FSO) because of a restriction in the legislation which prohibits the FSO from dealing with complaints concerning financial products sold more than six years ago, according to Fianna Fáil Finance Spokesperson Michael McGrath. Read More

ECB participation in banking inquiry must be substantive and in public – McGrath

Fianna Fáil Finance spokesperson Michael McGrath has said the ECB's participation in the Oireachtas Banking Inquiry must be a formal, substantive engagement in public with any evidence being fully admissible as part of the Inquiry. Read More

FF bill removes bank veto on mortgage restructuring – McGrath

Fianna Fáil Finance Spokesperson Michael McGrath has described his party’s new "Family Home Mortgage Settlement Arrangement Bill” as a vital opportunity to deal with the worsening crisis of home repossessions in the country. Read More

Time for Enda Kenny to stand up his claims in face-to-face debate – FF Leader

Fianna Fáil Leader Micheál Martin TD has said that it is time that Enda Kenny came out from behind the protection of set piece events and anonymous briefings and face him in proper debate. Read More

Speech by Fianna Fáil Leader Micheál Martin TD at Dinner in honour of Seamus Mallon

I have always welcomed opportunities to visit and speak in Armagh but tonight is very special. It is rare that you get the chance to pay tribute in person to a genuinely historic figure. Read More

Taoiseach being economical with the facts on €50bn debt claim – FF

Fianna Fáil Finance spokesperson Michael McGrath has said Taoiseach Enda Kenny didn’t quite tell the whole story on RTE’s Prime Time last night when he referred to a €50bn reduction in the country’s borrowing requirement. Read More

Government attack on One Parent Families continues – Martin

Fianna Fáil Leader and TD for Cork South Central Micheál Martin says the Minister for Social Protection is singling out one parent families in Cork for more cuts this year. Almost 6,500 families in Cork are in receipt of the One Parent Family Payment, but because of changes to the scheme, brought in as part of Budget 2012, hundreds if not thousands of these families will see their payments cut this July. Read More

Credit Union sector being stifled by excessive lending restrictions – McGrath

Fianna Fáil Finance spokesperson Michael McGrath has stated that Ireland’s credit union sector is not fulfilling its potential due to an excessively bureaucratic regulatory regime which is stifling its ability to serve the needs of the community. Read More

Govt must extend Tenant Protection Scheme to Cork suburbs - McGrath

Fianna Fáil TD for Cork South Central Michael McGrath has called on the Tánaiste and Minister for Social Protection Joan Burton TD to extend the tenancy protection scheme, operated by Threshold in conjunction with the Department of Social Protection, to the suburbs adjoining Cork City. The scheme is aimed at keeping families, who are at risk of becoming homeless, in their homes. The scheme was recently extended to Cork City but does not cover Cork County. The tenancy protection scheme, which is operated by the housing charity Threshold and the Department of Social Protection, enables households in the private rented sector and in receipt of rent allowance, to seek an increase where they face rent increases they cannot meet. The service has operated in Dublin since June last year. Read More

Sub-prime mortgage arrears rate four times higher than wider market – McGrath

Fianna Fáil Finance spokesperson Michael McGrath has described as inexcusable the Government’s complete failure to take action to deal with the spiralling arrears crisis in the sub-prime mortgage market. Read More

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