Permanent TSB is extending cashback for transactions, with over 12,000 customers set to receive 10 cent for every purchase they make by card in April and May.

The offer applies to people with an Explore current account and includes purchases made using contactless payments.

Ian Guider, markets editor of The Business Post, joined us for our daily business update with this story and more, including:

• AIB and Bank of Ireland scrap dividends, costing the government €200m
• Greencore bosses take pay cuts
• Brown Thomas/Arnotts stop online shopping
• House prices rose before COVID-19 intervened

Listen to the interview in full by pressing the play button on this page.