Cliff Taylor

speaker

1,456 appearances 11 recordings 2 series first heard Apr 2026 last heard 5d ago

Cliff Taylor’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 11 in all, peaking in Jun 2026 with 3.

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Inside Business with Ciaran Hancock · Inflation remains steady; and Conor Pope’s energy saving tips · 29 Apr 2026 podcast

So there will be some increases there.

Businesses are on fixed rates.

fixed-term contracts, most big businesses, some of those have rolled over already and the businesses have typically gone to floating rates now in the hope that costs are going to come down.

Others will be rolling off.

So businesses, there could be a general uplift in energy costs for businesses as well.

So while oil isn't by any shout as big as it was 30, 40, 50 years ago in terms of businesses, electricity obviously is.

So that's the next...

the next round, if you like, and the implications of that.

So the risk is that energy costs and higher inflation spreads through the economy over the next few months.

The hope would be that, you know, there's some kind of a deal and the peak is a lot lower than it was back in 2022.

And while it's damaging and difficult and politically awkward, it's not, you know, it's not too bad.

We just don't know yet.

Conal McQuilla Yeah, glass half empty, glass half full.

I think the kind of numbers they come up with and are in line roughly with what the likes of the central bank and the Department of Finance have been saying, the economy will keep growing, but it will be growing at a slower rate than it would have been, and inflation will be higher.

And, of course, that feeds into people's incomes.

The risk is...

The terrible words, stagflation, you know, inflation and lower growth at the same time, which is particularly damaging.

It's damaging for investment markets because everything tends to be hit and it's hard to find a safe place.

And it's also damaging for households.

Fewer jobs in the economy, companies have less money to give wage increases, but yet inflation is going up and difficult politically for that reason as well.

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