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Ireland's Cost of Living Changes: Credits, Rate Cuts, and Price Hikes

1/30/2025

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Story summary
  • Starting February 2025, Ireland will implement cost of living changes, including a €250 electricity credit for households.
  • PTSB will lower mortgage rates and provide 2% cashback on repayments from January 21.
  • Diageo plans a 6% price increase for Guinness, while Panda Recycling will raise bin service fees.
  • In the UK, Nationwide will reduce savings rates, and alcohol taxes will increase, impacting drink prices.