Ulster Bank has been ordered to compensate any customers affected by its IT systems crash — which could last into the second half of this month.

Michael Noonan has defended Ireland’s decision to contribute €1.27bn to the EU’s permanent bailout fund even though the country is living on borrowed money.

Fianna Fáil's finance spokesperson Michael McGrath has claimed that the country's top bankers "continue to cream it" and has called the Minister for Finance Michael Noonan's year-old pay review a "mere smokescreen".

Ryanair boss Michael O'Leary will appear before the Oireachtas Transport Committee later.