37,000 Mortgaged Households at Flood Risk; SYS Reaches €1 Billion AUM
Central Bank research reveals up to 37,000 mortgaged households face serious flood risk due to climate change. Meanwhile, SYS, a financial services firm, achieved €1 billion in assets under management after its fifth acquisition this year. Plans for 583 apartments in Dublin also received approval.
New Central Bank research indicates that up to 37,000 mortgaged households are in high-likelihood flood zones, a number increasing due to climate change. This poses a significant financial risk to homeowners.
Financial services firm SYS, founded by Tony Delaney, has reached €1 billion in assets under management (AUM) after acquiring Wexford-based IRS Financial Services. This marks their fifth acquisition since January this year.
Separately, plans for 583 apartments in Walkinstown, Dublin, can proceed. An Coimisiún Pleanála rejected an appeal from a nearby waste facility to block the development.
In economic analysis, John FitzGerald assesses Brexit's impact a decade on, noting the UK government is being penalized for declining living standards and public services linked to a sluggish post-Brexit economy. Ironically, Reform UK, proponents of Brexit, are gaining from this discontent.