Excitement is building in the hometown of Katie Taylor ahead of her Olympic lightweight boxing final later today.

The 26-year-old will take to the ring at the Excel Arena in London to fight Sofya Ochigava of Russia at 4:45pm.

Thousands of people are expected to turn out for an outdoor screening of the contest in Bray in Co. Wicklow.

The Town Council and local Chamber of Commerce are setting up giant screens at the Shoreline Leisure Centre.

These people are neighbours of Katie Taylor in the Oldcourt Estate in Bray.

For all & everything Katie click href="http://www.newstalk.ie/news/london-olympics/">here

The annual rate of inflation eased to 1.6% last month.

That is down 0.1% from June.

The latest figures from the Central Statistics Office (CSO) showed a 9.4% yearly rise in the cost of education.

Meanwhile transport prices were up 7% and alcohol and tobacco rose by 3.3%.

It says the increases are down to rising fuel prices, air fares, 3rd-level costs and the higher price of tobacco.

Meanwhile the CSO says the cost of clothing and footwear fell by just over 5% on figures last month.

This is a change it says is down to the impact of summer sales.

€5.5 billion of mortgage top-up loans were drawn down here at the peak of the property boom.

Between 2005 and 2006 1/3 of all loans issues here were mortgage top-ups.

By 2011 the value of such equity release borrowing had fallen by 97% just to €195 million of top-up loans.

That is according to figures published by the Central Bank.

Throughout the 2000s the average top up withdrawal loan was between 50 and €60,000.

The Office of the Data Protection Commission has launched an investigation after it emerged AIB gave incorrect customer information to the Irish Credit Bureau.

The mistake involves around 12,000 customers who were in arrears on loans to the bank over a 6-year period.

It was not rectified until last month although it was first reported to the Data Protection Commissioner in May.

The bank has apologised for the mistake which was only made public today.

AIB says it is customers who were in arrears on loans to the bank who have been hit.

The bank says it has written to them with details of a helpline and has offered to request a new copy of an I.C.B. statement for any affected customer at AIB’s expense.

Deputy Data Protection Commissioner is Gary Davis.

He says AIB has apologised to customers and efforts are now underway to establish how the error came about.

“We’re moving on now to seeking from AIB – now that we’ve got the initial phases out of the way – a full and detailed explanation as to how such a serious error which has had an impact on so many customers could have happened” he said.

“We’re engaged with them on that front” he added.

There has been a sharp increase in the number of children expected to need school places in the coming years.

Revised projections from the Department of Education show student numbers at second level will grow by 26% over the next 14 years to 413,118.

Previous estimates had put the projected number for 2026 at around 383,000.

However the figure was revised upwards after Census figures revealed continuing high birth rates.

John McGabhann is head of the Teachers’ Union of Ireland (TUI).

He explains why the figures have changed.

“What they do is to revise projections that the Department had produced in 2011 – the reason for the revision is that the Department has now taken into account the data provided by the Census of 2011″ he said.

“And (it) has also charged its methodologies in terms of factoring in fertility rates and migration” he added.