Sources in the private lending sector are concerned that the focus of HBFI on major players in the Irish residential market is skewing the market and dissuading international lenders from funding the sector. The agency, established by Paschal Donohoe, has provided over €2bn in loans to developers, with a significant portion going to larger firms. Critics argue that HBFI should be supporting smaller developers in areas where private funding is lacking, rather than competing directly with private lenders. The agency’s shift in focus has led to concerns about reduced funding opportunities in the sector.
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Virgin Media down again after customers complained about ‘total blackout’
Hundreds of Virgin Media customers reported outages again this morning, following widespread issues the previous day, with over a thousand complaints logged on Downdetector. Despite the company stating the issues were resolved yesterday, users continued to experience problems with internet and TV services, prompting apologies from Virgin Media as they work to restore full functionality. Explain It To Me Like I'm 5: Virgin Media is having problems again today, leaving many people without internet and...
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