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THE BODY OF a man in his 30s has been found on a street in Dublin.
The man was discovered just before midnight last night on Reuben Street in Dublin, close to the city centre. He was pronounced dead at the scene.
The area was cordoned off by Gardaí and the Office of the State Pathologist has been notified. The man’s body is to be taken to the Dublin City Morgue.
Gardaí from Kevin Street are investigating the circumstances surrounding his death. It is not yet known whether foul play was involved.
Reuben Street in Dublin (Image: Google Maps)
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Makes little cents to me.
Actually, non-cents-ical.
euronly making matters worse.
1s and 2s are so last CENTury.
Dealz stands to make a fortune. Everthing they sell is marked €1.49.
Just make sure you buy the products in 3′s and you come out on top
Rounding it up and not down I’m guessing!
Why would you round down from 9.99 to 9.90?
9.95*
I bought a chicken roll, a large Americano and a muffin the other day for 6.92 – I expect this will soon be 6.95 instead of 6.90!
It rounds up and down. Australia has been doing this since the early 90s. It’s quite simple. If you pay .01, .02, .06 or .07, it gets rounded down. If you’re paying .03, .04, .08 or .09, it gets rounded up.
What will happen to the 1c for a bag of dorritos vouchers I’ve been getting on the centra app? Will these go to 0c or 5c?
@Jake Race,
Yeah, but you can be sure we won’t be as smart as the Australians.
Anonymous Man your 6.92 will be rounded down but if it was 6.93 it would be rounded up… I dont understand why people cant grasp this.
more like round it up to 10.00
What’s round & goes, ” grrrrrrrrrrrrrrr…” …??
- a vicious circle.
Cue Aldi and Lidl taking out full page adds in national newspapers with the slogan “we will always round in your favour”
I alway pay my Aldi bill with a card so will make no difference!
So?
you might lose 2 cent today but gain 2 tomorrow. perfect sense
And that’s Karls 2 cent!
If you’re really stingy you can ask for exact change each time it would round-up, but go with it when it rounds down.
Something my old fella would probably do.
how can you ask for the exact change if there’s no one cent or two cents ?
Because there still will be 1 and 2 cent coins.
According to the central bank if the shop cannot give you exact change they must round downwards.That is why they are advised to have a stock of 1 and 2 cent coins.
there will come a time though when there won’t be any .
This makes absolute sense and works very well in Australia, I’m surprised it took so long to implement.
Works perfectly well here in the Netherlands too, the 1 and 2 cents are out of circulation.
Ah but this is Ireland where we will find reasons to moan about it that the Aussies and Dutch could only dream about.
A trial in Wexford showed that 85% of shoppers wanted rounding off around the country. Is that 85% of Wexford shoppers want it for the rest of the country or was there a general poll done and it’s 85% of the country? It’s a little earlier on a Monday morning for me and maths.
Most bsiness have to pay the bank for 1c and 2c coins. removing them saves the business money in the long term. I’m sure most businesses would take up a voluntary scheme if it makes them money.
Robbie you can still request your correct change.
Thanks lads, i’m not knocking the idea, it does make sense. But on the downside, it’ll be the Trocaire lent boxes that’ll feel the brunt of it.
Apparently so, yes.
Which makes a mockery of the whole thing, TBH.
Prices will eventually go up, they will never bring them down once they get rid of the 1c and 2c coins. The average person will lose out yet again!
Start a business or something then Steve instead of just being a victim all your life.
How exactly did you come to that conclusion?
Easier said than done!
@ Tony, it’s pretty obvious, what makes you think the shops will round down the cost of items? Everything will be rounded up when the 1 & 2c coins go
Stop being an average person.
@ Neal, yeah well I tried the superhero life but it was too boring!
Lads, if you read a proper article about this, you’ll see that prices will not change because of this, now or in the future.
The rounding is on the TRANSACTION TOTAL, not the individual product price. It will still be in the shop’s interests to price items at .99, .98, .95, etc. and they will still do it.
The maximum you will lose or gain when you pay by cash in a shop is 2 cent.
If you buy one item priced at 99 cent, you’ll pay a euro – you lose 1 cent.
If you buy 101 items priced at 99 cent (99.99) you’ll pay 100 euro – you’ll still only lose 1 cent.
if you buy 100 items priced at 99 cent (99.00) you’ll pay 99 euro – you lose nothing
if you buy 99 items priced at 99 cent (98.01) you’ll pay 98 euro – you’ll gain one cent.
See how it works?
see Grigori’s post Steve
My point was that when they get rid of the coins the prices will be rounded up, not down, so the cost of nearly everything will go up. A small amount yes, but over time it’s not that small, especially if you take into account how many items will go up, and how many people purchasing these items means millions more spent.
I did Tony, but I think most people missed my point!
Prices will be rounded down as well as up Stevo.
Prices ending in 1,2 down 3,4 up 6,7 down 8,9 up. Hope that makes cents!
Hope so Todd, but I’m not as optimist as you unfortunately
Tha vast majority of items for sale end in 99. So jackpot for the retailers! Every penny (cent) counts.
Yes, but the rounding applies to the TOTAL. Yes, the TOTAL basket. So retailers are still incentivised to advertise products at .99 prices, and the clever consumer can ensure that simply by walking around the store with a calculator, they can making a killing of 2c every time they shop. Consumer Bonanza! I reckon I can save 2 euro a year with this savvy shopping.
If you buy a packet of peanuts in a pub there are about 100 of them for a euro. So a cent is worth about a SINGLE peanut.
I wish they’d round up this so called government!
Mate, it’s too early.
i wish they’d round down iw
And so it begins…..
While it’s a great idea, a no-brainer, really, I don’t see it working if its voluntary.
Perhaps shops Wight stop pricing everything at x.99
Why would they? There’s even less incentive for them to do so now, if they can just round it up at the till while still flaggin it as .99.
The rounding is on the whole transaction, not the product price. The maximum rounding up or down that can happen is 2 cent.
About time, 1 and 2 cent coins should be taken out of circulation, never should have been in circulation
My local shop already just mumbles something about “no change” and leaves you short without asking whether it’s okay. with you. At least now the law is behind them
The law is not behind them, the clue is the word ‘voluntary ‘.The customer does not have to agree to rounding if they don’t wish to.
It will be eventually though. This is the start of it.
Hmmm, I wonder will they round up or down?
You could read the article and find out, just a suggestion
Hmmmm, but I wonder will they round it up or down?
Well that went over a few heads
Yeah, come on, people! I liked it anyway, Philip.
here’s my two cents
Sorry not allowed.
Consumers can choose whether to round or not. So it’s basically going to be, “round down? Yes please. Round up? No thanks.” That’s just going to cost businesses money, it may be just 1-2c but with a lot of transactions, that’s going to add up.
Either we do it right or don’t do it all.
If you check the receipt breakdown it’s actually the tax man footing the bill so costing the business nothing
It’s simple just keep a stock of 1/2 cent coins, or change all your prices to end in .00 or .05
So the tax man foots the bill when it’s rounded down, but the consumer foots the bill when it’s rounded up?? Strange one.
Unless shops change their prices I will opt out and request correct change
Why?
What difference does it make to you if they round off?
Your comment suggests you don’t understand the process.
Ah, I do. If something is priced 9.99 that is what I want to pay, not 10.00
Jo, as long as when you buy 3 things costing 9.99, you pay the full 29.97 and not the rounded down total of 29.95, you big scant.
Correct, I will pay the total as priced. If retailers want to stop using 1c and 2c coins they should price accordingly
I bet you’re great craic altogether.
Because prices will be going up…
You’re talking peanuts.
Charities will loose out. A lot of people stick their coppers into charity boxes at the till
people will still get copper change, but it will be 5 cent instead of 1 or 2.
Why don’t the shops just charge in 5 cent increments? What’s the point of rounding off?
That’s what we do in place I work.
Cause then everything would simply be rounded up 5 cents…OK for expensive things but some cheap items would be increased a noticeable %…penny sweets for example :) (I know they no longer exist but you get my meaning).
This way prices can be anything and then the TOTAL is rounded.
Makes far more sense.
Niall, think about a shop where everything is priced at 3.99
you’re buying 62 items. your bill comes to 247.38
Which would you prefer:
For that to be rounded up to to 247.40 – a 2 cent difference (which is what will happen under this system)
Or
for the 3.99 to be rounded up to 4.00 and the total becomes 248 – a 62 cent difference (which would happen if all prices were in 5 cent increments)
then they’ll start to round off five cents and so on and so on
For sure…in a couple of years everything will cost ONE MLLLION DOLLAHS!
Smart premonition there.
Our shop has been doing this for the last 2 weeks, and always rounding down
As usual the Irish Central Bank is lying.
‘Rounding up’ isn’t being introduced because of ‘convenience’ but because of inflation.
The European Central Bank has printed too much money and thus the one and two cent coins
have become increasingly worthless.
The more money they print, the less valuable it becomes, and the less you can buy with it.
It’s not an ‘efficiency’ measure – it’s a sign the Irish Central Bank has reduced your standard of living.
Except that Eurozone inflation is currently running at about -0.08%. Yes. that’s deflation. http://www.rateinflation.com/inflation-rate/euro-area-historical-inflation-rate
Deflation happening in Q.E. says that something is wrong somewhere big time…
The long term trend is always inflationary with central banks.
Inflation statistics, especially those issued by the ECB, are simply not trustworthy.
For example, the Harmonized Indices of Consumer Prices (HCIP) used by the ECB
excludes costs associated with owner occupied housing.
This conveniently reduces what is the largest share of expenditure for the average consumer and
thus reduces the inflation rate.
One of the major factors in the housing boom was the European Central Bank printing money
which was channeled into property. If the ECB had taken this into account their inflation figures would have shown double digits. But of course they left out the costs associated with housing and so their figures instead showed apparently low inflation.
Also when governments release GDP figures they exclude inflation from these figures and the GDP figures rise then because of the cost of everything goes up but inflation isn’t added into the calculations. Making it look like people are spending more, that buying confidence is up but it is not because people are spending more that to the increase in the cost of things like food.
They know how to play the figures…
Q.E. creates inflation but in the U.K. it seems deflation is happening. All of the growth in jobs in the U.K. is built on the property bubble and this bubble seems to be based on two things. Firstly Saudi Arabians buying up property as houses not to use but to sell when the price of the property increases, therefore many properties are going to waste and are boarded up and secondly criminals from drug cartels using the buying of property to launder their money as British banks do not mind doing this for them. All of the U.K. economy is built on a housing bubble that they are still trying to keep inflating, that will cause it to burst eventually?
http://www.independent.co.uk/news/uk/home-news/london-property-boom-built-on-dirty-money-10083527.html
http://www.dailymail.co.uk/news/article-2727212/How-wealthy-Gulf-Arabs-buying-huge-swathes-capital-including-150m-Mayfair-property-year-alone.html
How long before they government introduce a rounding off tax?
Not before they introduce an idiotic commentator tax, I hope.
Water tax, Household tax,USC seem no more ridiculous to me than rounding off tax. Anyway i’m off out .Have a good evening Frank’s cat
So the government is in favour of it.
The retailers are in favour of it.
The Central Bank is in ifavour of it.
Even Ronnie O’Toole is in favour of it.
There is something fishy going on here – there may be savings to be had somewhere in all of this but they won’t be savings for the consumers. Presumably, in the longer term, the 1c and 2c coins will be gone entirely and then what will the prices be?
See above. Everything will cost a bazillion euros.
Won’t this move by the Government and the Central Bank contribute to inflation? “Rounding off” will inevitably be done in an upward direction, almost never in a downward direction.
100% of retailers are in favour of the national rollout of this scheme following the successful trial in Wexford in 2013. Think of the amount of products on sale ending in 99. They’re delighted!!! Saying that it’s a great idea, it has worked well in Oz and it will drastically reduce the volume of unwanted coppers accumulating across the country amongst others things. 5c – you’re next!
It will be like when they brought in the Euro first, they said the same thing and the prices went up and not down…
What will happen to those of us who pay by card?
I presume that my bill of, say €12,34 will go through my account as €12.34, but the person behind me – buying the exact same items, and paying with a €10 and a €5 will be given change of €2.65 – losing a cent in the process.
What will happen to those of us who pay by card? Nothing!
They should start with the point of a cent at petrol and diesel pumps. But now I’ll be making sure it give myself 2c free to have it rounded down. :-P
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