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Inside Business with Ciaran Hancock

Should banks be on the hook for access to cash into the future here?

13 Mar 2024

Description

With the use of cash declining in recent years, a trend accelerated by the pandemic, the Access to Cash Bill is designed to manage future cash demand here, initially preserving the cash infrastructure at December 2022 levels.To discuss the Access to Cash Bill and its potential impact on the three retail banks (AIB, Bank of Ireland and PTSB), Ciarán Hancock is joined by CEO of the Banking and Payments Federation of Ireland, Brian Hayes. Also on this episode, Irish Times Economics Correspondent Eoin Burke-Kennedy explains the factors behind the Central Bank’s prediction that real wages for the average employee will rise by almost 9 per cent over the next three years.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.

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