Mortgage holders have been warned against accepting interest-only mortgages or mortgage moratoriums from their lender.

TWO Co Mayo solicitors have been fined a total of €50,000 after being found guilty of professional misconduct by the Solicitors’ Disciplinary Tribunal for accounting irregularities which were described as “systematic off-the-books trading”.

A JURY yesterday awarded $9 million (€7.4m) in punitive damages to a man who blamed his heart attack on Vioxx, finding that manufacturer Merck failed to warn about the risks of its arthritis drug and misrepresented the risks to physicians.

IRELAND’S young cricketers beat Namibia in the Plate competition of the U19 World Cup in Sri Lanka yesterday.