Ireland’s Guide To Money And Living

Consumer watch

 

Consumer watch

VW on thin ice

After the fallout from their recent scandal, it looks as though Volkswagen are due to receive more bad press. According to the Irish Examiner, a discovery by the EPA has revealed that the company installed software to deceive diesel emission tests in more models than previously thought in the initial investigation. According to the Environmental Protection Agency the company has installed the software on thousands of Audi, Porches and six-cylinder Volkswagen diesel cars that allow them to emit fewer toxins during the test than when on the road. At the moment, 800,000 cars are believed to be affected.

Insurance hikes

In other news, in the Irish Independent, Charlie Weston advises people on the new health insurance hike. From December 1st GloHealth insurance is raising the price on their plans by an average of 8%, while one insurance plan is set to raise to 15%. This means that, starting next month, some plans could cost €130 extra per adult. The insurance provider will be increasing the price of 19 of their 36 hospital plans and attributes this to hospitals charging private fees for public beds and a high number of claims in recent times.

Banned banking

If you’re taking a trip to Bank of Ireland this November then take a look at their new regulations. The Irish Times notes that the bank will no longer allow lodgements under €3,000 at the cash desks. Instead these transactions, as well as withdrawals under €700, will have to be dealt with at one of the lodgement machines and ATMs . While Bank of Ireland have come under fire for this change, being accused of ignoring the needs and capabilities of their older clients, they say there will be trained staff on standby to help any customer having difficulties.

Share
When not writing about all things personal finance, You & Your Money's editor Conor Forrest enjoys reading, football and getting lost in an ocean of Wikipedia articles.
Share
Share