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Tag Archive - The Irish Independent

Is it irresponsible to take holidays when you can’t afford to?

May 6, 2008 in Uncategorized with 0 Comments

I wrote a post last week where I described holidays as discretionary spending, and essentially said that if you can’t afford it, don’t go. As a follow up, I received an e-mail from a disgruntled reader of the site complaining that “who are you to determine whether people go on holidays or not?”

Let me clarify. If anyone out there wants to go on holidays, feel free. However, if you can’t afford going on holidays, I think it would be a good idea to hold off until you have the spare cash to do so. I come from a family where you only did things when you could afford to do so – if you wanted something special or extra, like holidays, you saved up for them – you didn’t go into debt.

Which is why I think this article in today’s Irish Independent Personal Finance section, and the research behind it, is a little dangerous. At times when loan interest rates are increasing, and as a country we’re experiencing the collective financial belt-tightening, it doesn’t really seem like a good idea to be encouraging taking out loans to go on holidays.

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Ticket Text – Competition for TicketMaster for Irish consumers?

April 6, 2008 in Uncategorized with 0 Comments

A couple of weeks ago, there was a press release from the company Ticket Text covered in both the Irish Examiner and the Irish Independent. According to the article:

The credit card-based service is currently offering tickets for various events including the Punchestown National Hung Festival, the Arts Festival and a number of top music concerts.

To me, the Ticket Text service is a great new concept – you buy your tickets online, and they arrive to your phone by text, with a barcode. You then just bring your phone to the gig and the barcode is read to allow you entry. Those who’ve recently visited Croke Park will be familiar by now with the ticket barcode scanner – though I’m sure it’s elsewhere by now also.

The big selling point (apart from the obvious convenience) is that Ticket Text claim to “save you money by never charging postage & packaging fees, plus we always keep our booking fees low”. According to the Irish Examiner article,

Ticket Text’s chief executive Mark McLaughlin said Ireland was the first place the company identified a demand for an alternative ticketing provider.

So, do we have an alternative to the much-maligned TicketMaster? Unfortunately, that I can discover after doing a bit of investigaton, Ticket Text are not going to disrupt the stranglehold that TicketMaster have over Irish ticket-buying consumers.

As a check, I went to buy 2 adult tickets for Ireland v Columbia in London coming up soon. And would you believe it – there is no comparison to be made. You can buy one sort of ticket on the Ticket Text site (home fans = Irish Fans), and on the TicketMaster site, you can only buy away fan (Columbian fans) tickets. So, for the same game, you can’t buy the same ticket on both sites.

If I was to go ahead with the ticket purchases, the comparative prices I was charged were as follows:

TicketMaster


And from Ticket Text:


So, the proportion of the overall fee which is made up of charges for the TicketMaster tickets is 14%, while the percentage for Ticket Text is 7%. An interesting comparison for sure and something that you’d like to see, but remember, we’re not comparing like with like.

I’ll have more on this tomorrow, but as you can see, if between Ticket Text and TicketMaster you’re not going to be able to buy the exact same tickets, then there’s no real competition.

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Kildare Nationalist seeks inspiration from the Irish Independent?

March 6, 2008 in Watch Out with 4 Comments

Back on February 8th, I got a Google Alert to ValueIreland.com being mentioned in an article entitled “Survey to reveal price differences across the EU” in the Irish Independent. In the last few days, I received another notification of ValueIreland.com being mentioned in the Kildare Nationalist on February 14th (owned by TCH – publishers of the Irish Examiner). This time the article was called “New EU survey shows true face of rip-off Ireland“. It seems like the Irish Independent has fallen victim to the research tactics of it’s journalists.

From the Independent:

Existing research shows that the price of digital cameras can vary by up to 30pc between neighbouring European countries

From the Kildare Nationalist:

Existing research shows that the price of digital cameras can vary by up to 30% between neighbouring countries – a considerable differential, given the price of some of these cameras.

From the Independent:

and that the average fees for the management of bank accounts fluctuates by up to €80 across the EU.

From the Kildare Nationalist:

Another key area of comparison relates to the average fees for the management of bank accounts. The survey so far has indicated that these can vary between zero and €80 across the EU.

And finally, from the Independent:

Irish consumers can already compare domestic prices through a range of websites like www.shoppingbill.com, www.valueireland.com and www.ripoffrepublic.com, and the Fine Gael-run site www.ripoff.ie.

And from the Kildare Nationalist:

Irish consumers can already compare domestic prices through a range of websites, including www.shoppingbill.com; www.valueireland.com; www.valueireland.com; ripoffrepublic.com; ripoffrepublic.com and Fine Gael’s site, www.ripoff.ie.

Anyone know if Charlie Weston has started working for the Kildare Nationalist?

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We’re the ultimate ‘nanny state’

March 3, 2008 in Other Stuff with 1 Comment

As you’ll probably have gathered from some of the posts here, the issue of the amount and usefulness of our numerous Irish regulators is something that’s of interest to me. So, obviously then, this article – We’re the ultimate ‘nanny state’ – piqued my interest today.

According to the article:

Ireland is among the most heavily-regulated countries in the world and has become the ultimate “nanny state”, according to new research.

We have 267 organisations with statutory powers which overlook every aspect of the economy and how we live our lives, with regulation in more areas than 48 other countries surveyed.

The article goes on to mention how our esteemed Taoiseach started a “Regulate Better” initiative in 2004 which promised to look at how we are regulated in this country:

Despite a 2004 Government paper – Regulate Better – which promised to consider the consolidation of the existing bodies, 13 new agencies have been set up in the last four years.

Obviously, such an initiative isn’t very high on Bertie Aherns priorities – at the moment, nor in the past. Here’s a link to a list of links, some of which contain the ever expanding set of regulators our government is subjecting us to.

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Is it plagiarism if you copy and paste your own article?

February 26, 2008 in Watch Out with 0 Comments

Charlie Weston today has a strangely familiar article about AIB reintroducing their 7% regular savings account having previously reduced it to 3%. The story is available here. Last weeks almost exactly similar story is here.

He does add this week a dubious fact suggesting that it was down to consumer pressure that this change was made. Now, can you ever, in the history of Irish banks, remember when the banks actually did something under pressure from consumers. Damn it, banks hardly even bend to the will of the Financial Regulator and the Department of Finance, never mind the consumer.

Charlie goes on to tell us that though this supposed “people power” was denied by AIB, the change was instituted by AIB because the “people up and down the country” caused a “mini-revolt” which caused the bank to “bend to the will of the little guy”.

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Where does “supply and demand” end and “rip off prices” begin?

February 14, 2008 in Other Stuff with 3 Comments

Our esteemed Minister for Trade, Enterprise and (rising un)Employment has promised to get to the bottom of our high prices being suffered by Irish consumers. I thought this was the reason he set up the National Consumer Agency a number of years ago. Are they unsuccessful at what they’re supposed to be doing, or as suggested by our friend Leo, is he stalling for time? But why would he be stalling for time? Waiting for prices to fall on their own?

According to this breakingnews.ie item:

Minister for Enterprise Micheál Martin is promising further investigation into why Irish consumers continue to pay higher prices for essential goods and services than their EU counterparts.

Mr Martin was speaking about a new Forfas report on the effects of the EU single market.

The report says that, while the single market has benefited business and trade, Irish consumers have been left with some of the highest prices in the EU.

Maybe he could listen to Dermott Jewell, Chief Executive of the Consumer Association of Ireland. Mr. Jewell was today quoted in an Irish Independent article referring to the cost of roses for Valentines Day – reported doubling in price compared to every other day.

Faced with the issue of retailers increasing their prices, Mr.Jewell responded “The distributors put it back to the growers and there is a bit of truth in that but, let’s be honest, every single person on that chain is trying to make as much money as they can.”

And more crucially, “It’s seen as an opportunity to extract as much money from the Irish consumer as possible,” he added.

And why do retailers do that? Because they can maybe? Because no matter what the price charged, Irish consumers will unquestioningly hand over the cash? The Indo article above is a good example.

Without seeing the direct comparison myself, how many people could really tell the difference between 12 €120 roses from a specialist florist in a vase compared to 12 €30 roses from Dunnes? So why spend the extra €90? Convenience? Snobbery? Or do some people show their love purely through monetary expenditure? Any way you look at it, it’s the consumers choice to pay that extra €90, so they’re not really in a strong position to complain – especially when there are valid and cheaper alternatives available.

If consumers don’t pay the specialist florist €120 for 12 roses, they won’t sell them. If a florist isn’t selling roses, they’ll have to do something – stop selling roses, or drop the prices to attract customers. As the Indo article says, it’s simple supply and demand.

We shouldn’t be only slagging off Irish retailers for the high prices they’re charging. We should also be slagging off all the Irish consumers who are stupid enough to spend such high prices and create demand at these high prices – thereby causing the rest of us to have to pay these prices as well.

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Press Ombudsman & Council – just another useless Irish regulator?

January 13, 2008 in Other Stuff with 0 Comments

As of January 1st, 2008 the Press Ombudsman and the Press Council of Ireland are no in place. According to the Press Council of Ireland website, everybody in Ireland now has access to an independent press complaints mechanism that is quick, fair and free. This is one of the most positive developments in the history of Ireland’s newspapers and periodicals.

The new complaints mechanism is designed to ensure that the freedom of the press is never abused, and that the public interest is always served. These are the main principles of independent press regulation all around the world.

The site itself is a bit confusing as there are separate links for the Press Council as opposed to the Press Ombudsman. Apparently, any complaints go to the Press Ombudsman first who will “attempt to resolve the matter by making direct contact with the editor of the publication concerned”. This sounds horribly like the way our useless NCA and ODCE try to “work with” offenders rather than actually enforce the law.

Any complaints where “conciliation” is not possible can either be determined by the Ombudsman, or escalated to the Press Council.

Obviously, given the activities of Charlie Weston and my interest in other newspaper stories in the past year, I was interested to see what, if anything, this further extra regulator would be useful for, or would actually be able to do.

In the case of Mr.Weston, it seems as he may possibly have contravened (though not specifically according to the letter of the text) Principle 3 of the Code of Practice.

Principle 3 − Fairness and Honesty

3.1 Newspapers and periodicals shall strive at all times for fairness and honesty in the procuring and publishing of news and information.

3.2 Publications shall not obtain information, photographs or other material through misrepresentation or subterfuge, unless justified by the public interest.

In the case of the Richard Delevan article (which may or may not have gotten him fired), I don’t believe there is anything within the Code of Practice under which Mr.Ken McDonald could legitimately have complained. Possibly, Principle 5 – Privacy could have been used, however, subsection 5.2 states that:

Readers are entitled to have news and comment presented with respect for the privacy and sensibilities of individuals. However, the right to privacy should not prevent publication of matters of public record or in the public interest.

As far as I know, everything reported by Mr.Delevan had already been reported in the “press” previously, and there had been no previous complaints about this.

However, the sacking of Mr.Delevan, and the Irish Times articles referred to in my most recent “press” post, would both possibly fall foul of Princile 2 – Distinguishing Fact and Comment. Under subsection2.2, it states that:

Readers are entitled to expect that the content of a publication reflects the best judgement of editors and writers and has not been inappropriately influenced by undisclosed interests. Where relevant, any significant financial interest of an organisation should be disclosed. Writers should disclose significant potential conflicts of interest to their editor. (My bolded italics).

Finally, there are a number of journalists who’s work I’m familiar with who appear to make up unattributed quotes (“We spoke to one mother of six children”) and comments in order to justify an angle they’re trying to personally take in articles. It will be interesting to see if these journalists to continue to do so – especially as this activity would appear to contravene Principle 2 also, subsection 2.1

Comment, conjecture, rumour and unconfirmed reports shall not be reported as if they were fact, but newspapers and periodicals are entitled to advocate strongly their own views on topics.

As time goes on, it will be interesting if journalist behaviour changes, and if it doesn’t, what the Press Ombudsman and the Press Council will do about any complaints submitted to them. If you have a complaint to make, you should go here. Oh, sorry, you should go here actually.

Remember, this doesn’t work retrospectively – only for articles published after January 1, 2008.

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Canny Cash Tips – from the Irish Independent

January 8, 2008 in Spend Less, Uncategorized with 0 Comments

I’m linking to this article, Canny Cash Tips, in todays Irish Independent because Ciaran Brennan has actually used and quoted Value Ireland. As we always say in Value Ireland, don’t just complain because something bad has happened, always make sure to give praise when it’s due too.

Mr. Brennan makes mention of the research Value Ireland did back in July, where we found you could make significant savings be shopping for certain items in Lidl and Aldi, and we wondered why the National Consumer Agency weren’t telling consumers that fact.

There are two paragraphs in the article about saving money. I’d like to expand on those by proposing again the Value Ireland Savings Plan. Check out how it works here.

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Reaction to Irish Independent post, and a little more

December 10, 2007 in Watch Out with 0 Comments

To follow up on my post below, here’s the Value Ireland site statistics for the month in which the infamous Top Tips article was published – April 2007. “Someone” from the Irish Independent was the most frequent visitor to the Value Ireland web pages over the course of the whole month.

On the other hand, I’m amazed at the response to my post (in a positive way obviously, thank you all) below about the Irish Independent and the methods of one of their journalists. Here’s some links to those who’ve responded, commented and followed up elsewhere.

Damien Mulley

Derfen

Bock the Robber

That Friday Feeling

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Blogosphere has some harsh words for the Irish Independent

December 7, 2007 in Watch Out with 14 Comments

Some comments going round a couple of blogs today about the attitude of the Irish Independent towards bloggers. Damian Mulley mentions here that they’re looking for people to blog for them on their site for free. While over at Maman Poulet, there’s talk of an Irish Independent phenomonen that I’m pretty familiar with myself.

That is where Irish Independent journalists trawl websites using their easily identifiable work PC’s looking to theive stories for their own paper. Here’s how it works:

  • I write an article (on getting cheaper home insurance for example) and post it on Value Ireland.
  • Then, a few days later, I read the Irish Independent and see an article called “Top tips to make sure you get a bargain“
  • I read said article, but then I start getting a sense of deja-vu.
  • And then at the last “top tip”, I realise that my work has just earned some journalist his salary for the week, while I get nothing, not even a credit or mention for the original material.

Let’s play a game of “Spot the Difference” – answers via Comments please. Firstly, from the Irish Independent in 2007.

You could bring down your premium costs by volunteering to pay more of an excess
towards the cost of each claim. Only do this if you can afford to do so,
however.

And now, from Value Ireland way back in 2004

Larger Excess – You could bring down your premium costs by volunteering to pay more of an excess towards the cost of each claim. Only do this if you can afford to do so however.

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