Allied Irish Bank has no immediate plans for an interest rate hike but its mortgage repayments will increase at some stage in the future, its managing director said today.

Allied Irish Banks today announced two new appointments to its senior management team.

Tánaiste Mary Harney has announced that she has appointed Mr Edward P Henneberry as a member of the Competition Authority.

ANNUAL General Meetings in Ireland are rarely fractious affairs. Save for Eircom, and lately Smurfit, very few are dominated by serious questions from the floor and very few motions are defeated.