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Business Today |
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Monday, 25 May, 2026 | | |
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Editor's Note |
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Good morning, reader |
Good morning,
The hot weather doesn’t make you think about flooding, but new research from the Central Bank shows that up to 37,000 mortgaged households here are located in areas prone to serious flooding, posing a significant financial risk to the homeowners. It estimated that the number of households here in “high‑likelihood flood zones” is on the rise because of climate change, and that between 6,450 and 36,700 mortgaged households are located in these high-risk flood zones.
In his weekly financial Q&A, Dominic Coyle addresses the vexed question about who owns the assets in a joint account when one account holder dies. Not all joint accounts are created equal, he writes, and that affects who gets any money that is in them when somebody dies.
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Eoin Burke-Kennedy |
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