Morning business news with Emma McNamara

Morning Business News - July 1

01 Jul Today was the deadline set by Finance Minister Michael Noonan for banks to respond to his demands for rate cuts on standard variable rate mortgages.

A look at some of today's business stories in the newspapers

Today in the press

01 Jul The State's public spending watchdog is looking to appoint an outside expert to beef up its ability to review the NAMA and assess whether the agency has achieved value for money.

UK gross domestic product increased by 0.4% between January and March

UK GDP figures better than expected

30 Jun Britain's economy grew more strongly than previously thought in the first quarter of the year and official figures also revealed a better performance for 2014.

Bernard Daly, Tiernan O'Mahoney and Aoife Maguire deny all the charges against them

Court told of changes to Anglo bank accounts

30 Jun The trial of three former officials of Anglo Irish Bank, who are accused of hiding accounts connected to the bank's former chairman, has heard that changes were made to some account details on the bank's core system after the accounts had been closed.