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.
07 October 2016
Food Hygiene Rating Scheme Becomes Mandatory
The Food Hygiene Rating Scheme is now mandatory in Northern Ireland, it has been announced. From today, 07 October, food businesses in the region must now display their food hygiene rating sticker.
Food Hygiene Rating Scheme Becomes Mandatory
The Food Hygiene Rating Scheme is now mandatory in Northern Ireland, it has been announced. From today, 07 October, food businesses in the region must now display their food hygiene rating sticker.
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Northern Ireland WeatherToday:The day will be very windy with strong to gale force westerly winds becoming occasionally severe along the north coast. Sunny spells will be interspersed with scattered showers. Maximum temperature 8 °C.Tonight:West to northwest gale force winds, severe along the north coast, will continue overnight. Frequent showers persist, merging into longer periods of rain at times and turning wintry. Minimum temperature 1 °C.