Irish business energy users believe gas and electricity hikes will continue into 2023 and will threaten the viability of firms, despite a significant drop on international wholesale markets.
In a passable impersonation of The Grinch, central bankers put a dampener on the festive celebrations last week. When questioned about the Yuletide rate hikes, the central bankers pointed to the recent very high inflation – eurozone inflation hit 10.6pc in October – and lectured us on the evils of rapidly rising prices.
A proposed delay to the implementation of EU medical device rules is expected to give the industry and regulatory bodies more time to prepare for the new system.
