<![CDATA[Irish Times Feeds]]>https://www.irishtimes.comWed, 22 Jul 2026 12:46:08 +0000en1hourly1<![CDATA[Bawag to self-fund PTSB deal and families face cost of living squeeze]]>https://www.irishtimes.com/business/2026/07/22/bawag-to-self-fund-ptsb-deal-and-families-face-cost-of-living-squeeze/https://www.irishtimes.com/business/2026/07/22/bawag-to-self-fund-ptsb-deal-and-families-face-cost-of-living-squeeze/Wed, 22 Jul 2026 05:31:26 +0000The sale of PTSB to Bawag may still face some uncertainty, but the Austrian lender is clear it is still focused on the deal. The bank said on Tuesday it had accumulated more than €1 billion of excess capital, more than enough to self-fund the acquisition and it remains “incredibly excited” about the opportunity. Joe Brennan has the story.

Families face an “unwelcome squeeze” on their cash as surging oil prices sparked by the US-Iran war drive up the cost of living, Bank of Ireland warns. Its forecast comes as the Middle East conflict worsens, threatening further energy price hikes likely to hit Irish households. Barry O’Halloran has the details.

Dublin Airport looks set for an explosion of growth with the lifting of the much derided passenger cap. So why is Aer Lingus cutting hundreds of jobs? John McManus asks the question in his column.

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