28/11/2013
NIE Credit Rating At Risk Of Being Downgraded
The credit rating of Northern Ireland Electricity is likely to be downgraded after losing a ruling to the NI utility regulator over price rises.
The Competition Commission upheld a decision by the regulator that NIE could not increase household bills by as much as £25 a year.
It is understood that should the commission confirm its decision early next year, the credit rating on NIE is likely to be downgraded from A- to BBB+.
Ratings agencies evaluate the creditworthiness of companies and governments.
The maximum credit rating for any firm is AAA.
(MH)
The Competition Commission upheld a decision by the regulator that NIE could not increase household bills by as much as £25 a year.
It is understood that should the commission confirm its decision early next year, the credit rating on NIE is likely to be downgraded from A- to BBB+.
Ratings agencies evaluate the creditworthiness of companies and governments.
The maximum credit rating for any firm is AAA.
(MH)
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30 April 2019
Downpatrick Woman Targeted In HMRC Cold-Caller Scam
A woman from Downpatrick has narrowly missed falling victim to a doorstep fraud attempt. Scamwiseni reported that a female cold caller arrived at the woman's house claiming to be from HMRC and informed the woman she owed £1,345 in tax. The would-be victim was threatened with repossession of her personal items if she did not pay the money.
Downpatrick Woman Targeted In HMRC Cold-Caller Scam
A woman from Downpatrick has narrowly missed falling victim to a doorstep fraud attempt. Scamwiseni reported that a female cold caller arrived at the woman's house claiming to be from HMRC and informed the woman she owed £1,345 in tax. The would-be victim was threatened with repossession of her personal items if she did not pay the money.
09 December 2011
Credit Unions Get Full Deposit Protection
Credit union customers in NI are to enjoy the same protection as those at ordinary banks. The Financial Services Authority (FSA) and HM Treasury (HMT) have today jointly announced that Northern Ireland's credit union customers will have their deposits protected to the value of £85,000.
Credit Unions Get Full Deposit Protection
Credit union customers in NI are to enjoy the same protection as those at ordinary banks. The Financial Services Authority (FSA) and HM Treasury (HMT) have today jointly announced that Northern Ireland's credit union customers will have their deposits protected to the value of £85,000.
01 November 2005
Minister urges uptake of Age-Related Payments
Social Development Minister David Hanson has called on people over 65 to take advantage of Age-Related Payments. The Government is making two payments this year to help pensioners with their rates bills or other living expenses.
Minister urges uptake of Age-Related Payments
Social Development Minister David Hanson has called on people over 65 to take advantage of Age-Related Payments. The Government is making two payments this year to help pensioners with their rates bills or other living expenses.
19 November 2004
TSS advise on overseas credit card spending
As a result of a recent High Court ruling that overseas purchases are not covered by the Consumer Credit Act 1974, the Trading Standards Service (TSS) is advising consumers on the protection they can currently expect when using a credit card to purchase goods or services.
TSS advise on overseas credit card spending
As a result of a recent High Court ruling that overseas purchases are not covered by the Consumer Credit Act 1974, the Trading Standards Service (TSS) is advising consumers on the protection they can currently expect when using a credit card to purchase goods or services.
15 December 2008
Credit Where Credit's Due, Says TV Star Branagh
Shakespearean actor, Kenneth Branagh, has been complaining about the BBC not giving appropriate time for TV programme credits. Currently starring as a Swedish detective in the much-praised BBC1 drama Wallander, the Belfast-born thespian has criticised the corporation for "zooming through" cast and crew credits.
Credit Where Credit's Due, Says TV Star Branagh
Shakespearean actor, Kenneth Branagh, has been complaining about the BBC not giving appropriate time for TV programme credits. Currently starring as a Swedish detective in the much-praised BBC1 drama Wallander, the Belfast-born thespian has criticised the corporation for "zooming through" cast and crew credits.
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.