All the updated news related to rates

All the news related to rates updated in real time

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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 it was facing ...

30 Jun 2020 at 19:44

Local News

Irish variable mortgage holders facing higher repayments after highest ever rate increase

The European Central Bank has raised its key interest rates by a record 75 basis points this afternoon and has signaled that further hikes are on the way. The interest rate hikes will increase repayments for over 400,000 tracker and variable ...

08 Sept 2022 at 15:35

Local News

Hargey paying "lip service" to Derry neglect with Rates Support Grant cut

People Before Profit Councillor, Shaun Harkin, has accused Communities Minister, Deirdre Hargey paying “lip-service to addressing decades of neglect and lack of investment in Derry”. Cllr Harkin's comments came as a response to the 25 per ...

04 Nov 2021 at 12:40

National News

Bank of England keeps interest rates at 15-year high

The Bank of England has held interest rates at 5.25% for the third time in a row and indicated that cuts are unlikely in the coming months. Governor Andrew Bailey stressed there is “still some way to go” in policymakers’ efforts to get ...

14 Dec 2023 at 12:43

Northern Ireland

Belfast residents facing district rates increase of more than 5%

Belfast City Council has agreed an increase in the district rate of more than 5%. Tina Black, chair of the council’s Strategic Policy and Resources Committee, said the 5.44% increase for residents would “support our council workers ...

12 Feb 2024 at 18:52

Local News

Councillors clash over cash reserves as Mid Ulster rate struck

The average rate payer in Mid Ulster is set to see an increase of around £16 on their yearly bill after the local council struck their annual rate last night. At a special meeting of Mid Ulster District Council, councillors were ...

08 Feb 2022 at 16:55

Home

Council rates hike opposed by People Before Profit

The position of Derry's political parties regarding Rates are hardening, in advance of the Final Briefing Rates meeting. The meeting is taking place this afternoon (Friday) in advance of the actual rate being struck next week. ...

10 Feb 2023 at 09:43

Northern Ireland

Executive ministers set to consider 4% increase to the regional rate

Executive ministers will later consider a proposal to increase the regional element of rates bills by 4%. The PA news agency understands that Finance Minister Caoimhe Archibald has circulated a paper outlining the proposed ...

29 Feb 2024 at 10:50

Northern Ireland

Chris Heaton-Harris sets 6% domestic rate increase in Northern Ireland

The domestic regional rate in Northern Ireland is set to be increased by 6%. Secretary of State Chris Heaton-Harris set the rate for the year ahead in the continued absence of a functioning devolved government in the ...

23 Feb 2023 at 17:43

Northern Ireland

UK house price growth steadies while rent rises remain ‘eye-watering’

The rate at which house prices were rising in the UK steadied in June, while tenants continued to be squeezed by soaring rents, according to new official figures. The average price tag for a home increased by 2.7% ...

14 Aug 2024 at 11:04

Local News

Rate of positive Covid-19 cases in the Derry council area is falling but remains the highest in Northern Ireland

The rate of positive Covid-19 cases in the Derry council area is falling but remains the highest in Northern Ireland. In the last seven days, over the period from October 18 to October 24, there were 832 positive ...

25 Oct 2020 at 18:55

Northern Ireland

UK house prices fell in August at fastest annual rate since 2009, says Halifax

The average UK house price dropped by 4.6% in August, falling at the fastest rate since 2009, according to an index. But despite dropping by £14,000 over the past year, the average house price remains around £40,...

07 Sept 2023 at 09:56

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