A selection of people starting new roles with companies in Ireland, including Expleo, Ecocem, Brewin Dolphin, Initiative Ireland, Three Ireland and ABP Food Group.

Amy Hughes has taken on a new role as sales manager with Envisage Cloud. Plus a selection of other people beginning new roles with companies in Ireland.

Irish banking faces another overcharging scandal, as EBS investigates the way it has bundled charges for building and life insurance payments and mortgage protection insurance into its monthly mortgage bills.

AIB is not expecting to be hit with a fine from the Central Bank over its part in the tracker mortgage scandal until next year at the earliest, but it has put aside €35m for the eventuality.

Before the financial crash the return for savers on their deposits with almost immediate access to the money was running at around 3%.

So that’s Wednesday nearly wrapped up. Here are some of the stories we published on irishexaminer.com today which we hope will help you make sense of it all this evening.

A mother of two, who has spent the last four months in prison for failing to comply with court orders to vacate a €1m property in south Dublin, walked free from the High Court yesterday after purging her contempt.

Ulster Bank’s reduction in fixed rates is a sign of “a mortgage war that shows no sign of abating”, but Irish homeowners still face hefty payments in comparison to their European counterparts.

AIB has refused to rule out mounting High Court legal challenges against any successful appeal by customers over tracker mortgage redress entitlements.

The woman, whose two teenage children remain in the property, was jailed by the High Court on April 27 last over contempt of possession orders granted to EBS Ltd in 2015 which were upheld on appeal but stayed to April 2017.

The Commercial Court has granted summary judgement against a businessman over a €1.8m loan towards the purchase of a one-acre site at Mill Lane, Shankill, Co Dublin.

At least 5,000 more customers could be affected by the tracker mortgage fallout, while the final bill could be “well above” €1bn, according to the financial advisor who exposed the scandal, writes Pádraig Hoare.

Another 5,000 cases could be added to the tracker mortgage scandal, according to the financial expert who helped expose the scandal.

Time spent reducing your debts, bills and tax will be the most profitable time you spend this year, writes John Hearne.

A “rate war” is heating up as Bank of Ireland has become the latest bank to cut its mortgage rates.

Analysis

Mortgage campaigner David Hall is hoping to replicate the buy-and-rent back deal he has done with AIB with the State’s other major homeloan providers.

Q. How does the scheme work?

The Minister for Housing Eoghan Murphy says a scheme to keep the worst mortgage defaulters in their homes has the potential to be a game changer.

The average first-time buyer now has a deposit of almost €50,000, writes Joyce Fegan.

The average first-time buyer now has a deposit of almost €50,000.

Consumer advice with Grainne McGuinness

AIB has set aside €190m to compensate customers wrongly moved off tracker mortgage loans. The bank also admitted 14 people had lost their home as a result of the error.

Two years ago, when we launched the Fair Mortgage Rates Campaign, Irish borrowers were paying 4.5% compared to an average Eurozone rate of 2.64% — a difference of 1.86%.

“There are no options for us. We don’t have any options. We could be in a hotel room the next time we speak to you.”

AIB said it’s delivering in cutting mortgage rates and was confident its provisioning for bad loans and its accounts were up to scratch after a whistleblower approached regulators.

Some of the highest savings rates on offer in Ireland are likely to be squeezed lower, a leading analyst has said, as the political war of words over the rates lenders charge for mortgage loans hots up more.

Update: CEO of the Irish Brokers Association Ciaran Phelan said the AIB cut was welcome, but still very high by European standards.

The issuing of €31bn promissory notes in favour of Anglo Irish Bank and other financial institutions by the minister for finance in 2010, Brian Lenihan, involved an unconstitutional allocation of public money without a Dáil vote, lawyers for Independent TD Joan Collins told the Supreme Court.

A 32-acre landbank “with scope to be the next Eastgate Business Park” has come for sale alongside the Jack Lynch Tunnel in Cork, right by where new roundabout junctions are proposed for the €100m Dunkathel interchange upgrade.

Familiar with an Irish mile?

The largesse bestowed by the banks on some property developers during the boom years included trips to the Ryder Cup in Kentucky, to the Prix de l’Arc de Triomphe, and the Monaco Grand Prix.

Consumer advice with Gráinne McGuinness