Banks and owners stalling in buy-to-let sector

With the budget around the corner, we are hearing soothing noises all round about the economy.

We are to be grateful that in an inversion of the biblical reference 1 Kings 12:11, we are not to be beaten with the scorpion of €3.1bn but merely with the whip of €2.5bn in cuts. Hooray…

We also see the ESRI coming out very bullish on the economy, particularly with regard to employment.