Business Today: Watchdog’s health insurance warning, insolvencies spike and how to buy your first home

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Navigating the health insurance system can feel difficult at the best of times, and a new report from the sector’s watchdog makes clear it’s not all in our heads. The market here has grownand is overwhelming consumers, working against their best interests and seeing many paying over the odds for cover, according to the Health Insurance Authority.

In his column, Martin Sandbu looks at Mario Draghi’s report on EU competitiveness published earlier this month and asks: what, exactly, is, cutting the cost of existing mortgages and lowering a key interest rate. The measures, which will also make lending easier by cutting the amount of cash banks need to hold in reserve, come amid warnings that China could miss its gross domestic product growth target for 2024 of about 5 per cent. Denis Staunton reports.

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