Business Today: Mortgage repayments to fall further and the cost of power

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At its last meeting of 2024, the ECB confirmed it was cutting rates by 0.25 per cent, the fourth such cut since last June and a fifth if a 0.35 per cent “technical adjustment” announced in September is included.

Shed Distillery founder Pat Rigney: ‘We’re very focused on a premium position but also on giving value for money to consumers’

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Credit unions’ mortgage and business lending capacity set to treble to €8.6bnCentral Bank plans to allow such lenders to provide up to the equivalent of 30 per cent of their total assets by way of home mortgages
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Business Today's Risk Transfer and Black Friday Spending PlansBusiness Today is transferring risk on €1 billion of corporate loans to institutional investors. The Department of Social Protection will soon search for investment firms to manage the assets. Meanwhile, Black Friday spending plans are higher than expected, defying recent reports of declining interest.
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