All the updated news related to rates increase

All the news related to rates increase updated in real time

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Derry News

Sinn Féin's Duffy insists Derry's ratepayers have been protected as Council strikes lowest rates increase since 1974

Sinn Féin Council Group Leader, Sandra Duffy, has said that the Council has been able to protect ratepayers by striking an historically low rate for the second year running. Following confirmation that rates will rise by 1.81 per cent, Cllr Duffy, ...

11 Feb 2022 at 17:11

National News

Irish bank confirms mortgage rate increase

Bank of Ireland has confirmed that is increasing its mortgage rates for the fourth time in a year. The move includes those who are reaching the end of a fixed rate period and opt to re-fix again. Fixed rates will go up by 0.25 percentage points ...

26 Jul 2023 at 13:00

National News

Governor of Irish Central Bank backs further interest rate hikes to tackle inflation

The European Central Bank needs to continue to increase interest rates when its Governing Council meets in Frankfurt next week, according to the Governor of the Irish Central Bank. Speaking during an appearance before the Joint Oireachtas ...

25 Jan 2023 at 17:08

National News

Variable mortgage holders to be hit with another interest rate hike

Another large interest rate hike by the European Central Bank is expected to be announced later today in an effort do dampen inflation, amid concerns that the move could deepen an impending Eurozone recession. The ECB is expected to ...

27 Oct 2022 at 10:57

Local News

Derry council chief warns of massive rates increase next year if funding cannot be secured to help with impact of pandemic

Derry City and Strabane District Council's chief executive today pulled no punches when he outlined the financial crisis facing the council because of the coronavirus pandemic. A report recently compiled by the council stated that ...

30 Jun 2020 at 19:44

Local News

Accusations fly as council split over decision to increase rates

There were heated exchanges today as Derry City and Strabane District Council met to ratify its latest rates increase. The council have agreed to strike a rates increase of 1.89% which will equate to a yearly rise of £9.16 for ...

01 Mar 2021 at 19:17

Local News

Causeway Coast and Glens rates increase 'will hurt struggling families'

SDLP Group Leader councillor Margaret Anne McKillop has said a rates increase will hurt struggling families living in Causeway Coast and Glens area. She was speaking after Causeway Coast and Glens Borough Council voted in ...

15 Feb 2023 at 11:13

Local News

Derry and Strabane Council set rates increase of 4.92%

Derry City and Strabane District Council today agreed its budget for the incoming 2025/26 financial year and set a District Rates increase for ratepayers of 4.92%. This will see an average rates bill increasing by £28.96 ...

10 Feb 2025 at 16:20

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