Cork South Central Constituency

Local News Stories

Surge in mortgage approvals in November shows market in panic over new Central Bank rules – McGrath

Fianna Fáil Spokesperson on Finance Michael McGrath has said new data on mortgage approvals point to an air of panic in the property market at the moment. Read More

Completion of Banking Inquiry terms of reference requires ECB participation – McGrath

The refusal of the European Central Bank (ECB) to participate in the Oireachtas Banking Inquiry is completely unacceptable and is a kick in the teeth for the Irish people, according to Fianna Fáil Spokesperson on Finance Michael McGrath. Read More

Taoiseach Forced to Apologise for ‘Shredding’ Slur - FF

Taoiseach Enda Kenny was today forced to apologise for his remarks in 2011 when he claimed that there were no records relating to the bank guarantee in his department and he claimed that they may have been shredded or 'hidden down the back of a radiator'. Read More

“Double whammy” hit for Credit Union savers – McGrath

Fianna Fáil Finance spokesperson Michael McGrath has stated credit union savers are only now experiencing the full effect of the Government decision to increase DIRT tax rates by 8% to 41% in last year’s budget. Read More

Cork deaths highlight lack of resources for homeless sector - Martin

Fianna Fáil Leader Micheál Martin TD said the deaths of two homeless people in Cork city over the weekend reinforces the argument that more resources and improved initiatives are needed to tackle the problem. The man and woman had been using the services of homeless organisations in the city before they disappeared at the weekend. Their bodies were taken from the water at Custom House Quay last night. Read More

Delay in betting legislation costing State €1.5m a month – McGrath

Fianna Fáil Spokesperson on Finance Michael McGrath has described a continuing delay to the extension of betting duty to online gambling as completely unacceptable. He was speaking in response to a parliamentary reply from the Minister for Finance which indicated that plans to extend the 1% levy paid by bookmakers to online gambling had run into considerable difficulty. Currently the levy is only paid in respect of bets placed in licenced betting offices. There has been a considerable trend towards online betting in recent years which has accelerated with the growth of smart phone aps. In a €4bn market annually nearly 40% of bets placed by Irish customers are now made online. Read More

‘Spring statement’ more about electioneering than economic governance – McGrath

Plans for a spring statement on the economy by the government have far more do with the deteriorating electoral fortunes of Fine Gael and Labour than any genuine attempt to have meaningful debate on the economy, according to the Fianna Fáil Spokesperson on Finance. Read More

Frustration at latest Northern Ireland Talks Failure – FF Leader

Fianna Fáil Leader Micheál Martin TD has expressed frustration and dismay with the latest failure to achieve progress in Northern Ireland’s talks. Deputy Martin was speaking after confirmation that the latest round of talks in Belfast have ended without any agreement being reached. Read More

ESRI report a sharp reminder of unfairness at heart of Coalition’s policies – McGrath

Fianna Fáil Spokesperson on Finance Michael McGrath has described the ESRI report on the impact of Budget 2015 as a sharp reminder of the inherent unfairness at the heart of the government’s budgetary policy. This was the fourth budget introduced by the Coalition and their cumulative impact has been to put the heaviest burden on those least able to manage it. Read More

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