30/07/2025: Health insurance provider VHI is set to roll out its second price hike of 2025, with premiums rising between 2% and 10% from August 1st.

The increase will hit seven corporate plans, including PMI 4015, PMI 4510 and the recently launched PMI 6310.

For a family of four, the hike could mean paying an extra €75 to €506 a year, bringing the total impact of VHI’s 2025 increases to as much as €500.

The insurer points to medical inflation, rising claims, and increased demand for care as drivers behind the cost jumps. Customers are being urged to review their cover and compare plans ahead of renewal.

25/07/2025: Flogas is set to hike electricity prices by approx 7% for residential customers on variable rate plans from August 25th.

The rise means the typical household will see their annual electricity bill increase by around €126.

It follows an increase in transmission and distribution charges approved by the Commission for Regulation of Utilities (CRU), which suppliers are now passing on to consumers.

Flogas has also cited rising wholesale electricity prices as a factor.

This is their first price change from the supplier in 2025, who previously cut electricity rates in November 2023, and February 2024.

They have advised customers to review their current plan or consider switching to ensure they’re getting the best value.

24/06/2025: Non-bank lender ICS Mortgages is cutting its fixed rates for new and existing customer by up to 0.15%.

Non-bank lender ICS Mortgages has announced reductions of up to 0.15% on its fixed mortgage rates for both new and existing owner-occupier customers.

The revised rates will apply to three- and five-year fixed-term mortgages and will take effect from July 4th.

Following the cuts, three-year fixed rates will start from 3.85%, while five-year fixed rates will begin at 4.15%.

07/06/2025: The European Central Bank (ECB) has reduced interest rates by 0.25%, marking the eighth cut in a year. This brings the deposit rate to 2%, significantly lower than its September 2023 peak of 4%.

The refinance rate to which tracker mortgages are linked has now fallen to 2.15%. Tracker mortgage holders will see an immediate change in their interest rate, however, those with a variable rate mortgage may need to wait to see the benefit.

Homeowners on fixed rates will not see a change in their rates, although Ireland’s mortgage lenders often reduce their new mortgage rates in response to falling euro rates.

Ireland’s mortgage rates have hit a two-year low, although they remain among Europe’s most expensive.

09/06/2025: Eir has become the second broadband provider in Ireland to offer ultra-fast 5 Gigabit (Gb) fibre broadband, which is advertised to be 50 times as fast as standard broadband.

From 9 June, customers who were on 2Gb fibre plans will be automatically upgraded to 5Gb speeds at no additional cost.

This launch follows Eir’s introduction of Ireland’s first WiFi 7 system in February. This mesh network technology is designed to enhance in-home WiFi connectivity, delivering speeds twice as fast as WiFi 6.

Virgin Media was the first provider in Ireland to launch 5Gb broadband speeds.

13/05/2025: Mortgage lender Núa have dropped their three-year fixed mortgage rates by 0.25%, and five-year fixed rates by 0.10%.

These reductions apply to mortgages with loan-to-value ratios of between 60% and 70%.

The announcement comes following after the ECB cut interest rates by 0.25% in April — the seventh time since summer 2024. The ECB’s deposit rate now stands at 2.25%.

Núa is a non-bank lender and was founded in September 2021. It secured a licence from the Central Bank of Ireland during summer last year.