THE Irish economy is facing a sharp slowdown next year with growth set to plunge to just 2pc, dramatically below the post financial crisis trend, as warning lights increasingly signal the threat of global recession.
One of the chiefs at the State’s consumer protection body has warned that “weaponised” digital ads for financial products need to be regulated under the new Consumer Protection Code to protect customers.
The governor of the Central Bank of Ireland (CBI) has called for tighter regulation of “hidden leverage” in the funds sector to prevent major financial shocks caused by too much borrowing.
