A weekly look at business and economics from an Irish perspective hosted by Irish Times Business Editor Ciarán Hancock. Produced in association with EY.
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‘It’s a fool who turns down money’
With ATMs now an endangered species, the Access to Cash Bill, recently announced by Minister for Finance Michael McGrath, would oblige banks to maintain access to cash dispensers at December 2022 levels. But should cash play an important role in our economy into the future?Ciaran Hancock is joined this week by Vincent Jennings, Chief Executive Officer of the Convenience Stores and Newsagents Association who feels that cash has an important role to play and would welcome oversight of the many non-bank ATMs in operation here. Irish Times business and technology journalist Ciara O’Brien thinks plastic and digital are safer, more convenient and more hygienic, but still keeps an emergency tenner on her just in case.Also on this week’s episode, senior business reporter Barry O’Halloran gives us the latest on the pay talks between pilots and Aer Lingus, with the airline’s 8.5% pay offer being rejected. He also has the latest Ryanair profit numbers, information on their new deals with online travel agents and its chief executive Michael O’Leary’s prediction that air fares will continue to rise in Europe this year as many airlines struggle to add capacity.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
1/31/2024 • 30 minutes, 31 seconds
‘To blame the lowest paid for challenges in our economy is cheap’
Employers group Ibec’s chef executive Danny McCoy sent an open letter to Taoiseach Leo Varadkar on Monday calling for a pause on labour policy measures to avoid ‘uncoordinated and cumulative’ costs to businesses. Those measures include upping the national minimum wage and increases in employer Pay Related Social Insurance (PRSI). In response, Owen Reidy, general secretary of the Irish Congress of Trade Unions, labelled Mr McCoy’s proposals as “short termist”. They joined host Ciarán Hancock to discuss the measures. And Irish Times Work Correspondent Emmet Malone brings us up to speed on the public sector pay talks impasse. We hear what the main points of contention are for both sides after discussions stalled last week.Produced by John Casey. JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
1/24/2024 • 52 minutes, 56 seconds
Is the restriction on passenger numbers at Dublin Airport doing untold damage to our economy?
New research commissioned by Aer Lingus points to the current restrictions on passenger capacity at Dublin Airport potentially costing the Irish economy €1.4 billion for every 1 million passengers not allowed to arrive into the airport. Chief Corporate Affairs Officer at Aer Lingus, Donal Moriarty, joined host Ciaran Hancock in studio to discuss the findings of the report and the likely implications for the airline in terms of its own growth at Dublin Airport this year and next.And we are joined on the line from the Swiss ski resort town of Davos by Eoin Buke-Kennedy. He is attending the World Economic Forum, which sees the great and the good of politics and commerce come together for the annual event. Headline speakers this year include Ukraine president Volodymyr Zelenskiy, UN secretary-general Antonio Guterres and European Commission President Ursula Von der Leyen. Minister for Finance Michael McGrath is also in attendance, keen to press home the message that Ireland is a leading location for foreign direct investment. Produced by John Casey. JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
1/17/2024 • 39 minutes, 9 seconds
Is it time to start building homes on Dublin’s main parks?
Housing is undoubtedly the biggest domestic issue on the political agenda right now, with a focus recently on the long commutes being faced by workers in certain key roles in Dublin. So, it is perhaps timely that a new report has been launched with a potential solution to this thorny issue.Authored by veteran businessman Paschal Taggart and young law graduate Luke Cantwell, the report has suggested that the State should shave 10 per cent of land off Dublin’s major parks that could free up 450 acres that could be used to build apartments for up to 80,000 key workers – that’s guards, teachers, nurses and others with key roles in the workforce who find themselves priced out of the Dublin market for accommodation.It's a left-field idea, but will any politician give it their public support?Produced by John Casey. Hosted on Acast. See acast.com/privacy for more information.
1/11/2024 • 17 minutes, 6 seconds
Housing in 2024: ‘several more years before we see the quantity of houses we need’
What awaits those looking to buy or sell property this year? Will the beginnings of an uplift in supply last year gain momentum in 2024? And will price inflation in rural areas continue to outstrip Dublin? Managing Director of Residential & Advisory at Sherry Fitzgerald, Marian Finnegan, gives her expert view. According to figures compiled by the Restaurant Association of Ireland, 228 food-led hospitality business have closed since July 2023. Why are so many cafes and restaurants struggling? With four locations in Dublin’s city centre, managing director at KC Peaches Ireland ltd, Katie Cantwell, is well placed to highlight the cost pressures those in the sector are contending with. Produced by John Casey. JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
1/3/2024 • 31 minutes, 21 seconds
What’s in store for 2024?
An Post CEO David McRedmond joins Ciarán Hancock to discuss a stellar year for the company with a move to a new HQ, a €30 million government loan repaid and some six million packages delivered this December. He also gives his predictions on how Ireland’s economy will perform in 2024, the impact of new EU directives on sustainability and whether hybrid working will continue.Ciarán is also joined on the line by Irish Times China Correspondent Denis Staunton to discuss what was a disappointing 2023 for the Chinese economy on the back of a property slowdown of ‘historic proportions’. All is not bleak though, as Denis outlines the push towards a ‘level of higher quality growth’ and the continued drive towards decarbonisation. Plus, could 2024 see China engage in a trade war with the US?Produced by John Casey. JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
12/27/2023 • 42 minutes, 18 seconds
2023: The year in business
With the dust settling on 2023, Inside Business host Ciarán Hancock is joined by an esteemed panel to pore over the big stories from the world of media and tech and the economy.Cliff Taylor explains the notable slowdown in domestic growth here, despite the rosy picture that strong corporate receipt returns continues to paint. A lower level of discretionary spending is putting real pressure on smaller businesses, especially those in the hospitality sector – could a glut of closures follow in 2024?It was a rotten year for RTÉ with the payments scandal proving a fixture in the headlines from late June onwards. Laura Slattery teases out the ramifications of the scandal after government funding steadied the ship as the national broadcaster seeks to significantly cut costs. And with license fee revenue having fallen off a cliff, is it time to explore alternative options?Ciara O’Brien takes us through the big stories in tech with the potential of generative AI provoking much discussion – not all of it positive. Web Summit was also in the news after its co-founder and CEO Paddy Cosgrave stepped down following criticism in the wake of comments he made on X about the Israel-Hamas war.Produced by John Casey. JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
12/20/2023 • 49 minutes, 50 seconds
Are cheaper energy prices finally on the way for Irish consumers?
Energy provider SSE Airtricity is set to cut its prices for the second time in recent months. Conor Pope joins Ciarán Hancock to discuss whether this move from one of Ireland’s four main energy companies will spark a price war given the high prices Irish consumers are forking out for gas and electricity.And it was an Epic loss for Google on Monday as a US court ruled their app store to be uncompetitive. Fortnite maker Epic Games brought the case having been unhappy with the current arrangement where developers lose up to 30 per cent of revenue generated through the tech giant’s app store.Ciara O’Brien explains the court’s decision, what Epic want, and the potential ramifications of a verdict that could blow apart the app store model that is worth almost $200 billion (€185 billion) a year.Produced by John Casey. JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
12/13/2023 • 33 minutes, 32 seconds
IKEA's Irish store is its best performer globally
IKEA is one of the biggest retailers in the world and according to its latest sales results, IKEA’s store in Ballymun had over three million customers walk through its doors in the last 12 months, making it the Swedish retailer’s best performing outlet globally. Since it opened its doors in 2009, the store in north Dublin has attracted 40 million customers to date, and now has a workforce of over 730 people.Marsha Smith, IKEA’s Deputy Country Manager for UK & Ireland, joined host Ciarán Hancock to go through the main numbers outlined in IKEA Ireland’s latest sales results, as well highlighting the company’s commitment to sustainability and plans to further expand into towns and cities across Ireland in 2024.Produced by John Casey, with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
12/7/2023 • 36 minutes, 16 seconds
Christmas time is ‘make or break’ for booksellers
They are the ideal stock-filler - inexpensive, entertaining with a huge amount of choice, so it’s no surprise that Dubray Books shift a serious number of titles over the festive period.Ciarán Hancock is joined by Managing Director of Dubray Books, Maria Dickenson, to discuss another good year for the retailer, weathering the challenges of audio and eBooks, bouncing back from Covid and what title she has read three times already this year.Produced by John Casey, with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
11/29/2023 • 35 minutes, 2 seconds
Everything You Always Wanted to Know About the Auto-Enrolment Pension Scheme * (*But Were Afraid to Ask)
The Government’s landmark auto-enrolment scheme for pensions has moved closer to being a reality with the Department of Social Protection now saying that the process of finding a company to build and run the system will begin in earnest.But after years of delay and missed deadlines, will the scheme be up and running by the second half of 2024? What will the impact be for SMEs across the country? And is this a major step towards eventually eradicating the State pension?To tease out the details of the scheme, host Ciarán Hancock is joined on the podcast by CEO of the Irish Association of Pension Funds, Jerry Moriarty, and Barra Roantree, Assistant Professor & Programme Director of MSc in Economic Policy at Trinity College Dublin.Produced by John Casey, with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
11/22/2023 • 33 minutes, 56 seconds
Will a new direction for RTÉ ensure the broadcaster’s long-term future?
On this week's episode of Inside Business, host Ciarán Hancock is joined by Irish Times journalist Laura Slattery to discuss the latest twist in the RTÉ saga. A new strategic report, entitled ‘A New Direction for RTÉ’, has been delivered to the government by director general Kevin Bakhurst, it outlines a range of changes designed to get the broadcaster back on a sound financial footing. The main takeaway for RTÉ staff will be the 400 job cuts being sought by 2028, representing a 20 per cent reduction in headcount. It’s not all bad news for RTÉ with Government confirming it will give the broadcaster an additional €56 million in funding between now and the end of 2024. Also on the podcast, Ciara O’Brien is on the line from Lisbon for the first full day of the Web Summit tech conference. The run-up to this year’s event was complicated by the withdrawal of a number of partners and exhibitors following comments by cofounder and former CEO of Web Summit Paddy Cosgrave on social media about Israel’s military action in Gaza. So, was the usual buzz still there, or did it feel like any other tech conference?Produced by John Casey, with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
11/14/2023 • 36 minutes, 1 second
How to balance the demands of a career and competitive sport
With seven wins from the last ten championships, the Dublin football team are expected to be in the mix for the All-Ireland every year. Playing for Dublin means carrying that expectation, but it also means juggling a professional career and the demands of competitive sport.Dublin footballers Dean Rock and John Small sat down with Ciarán Hancock to discuss the balancing act of winning 15 All-Ireland medals between them, while also excelling in their careers as utility consultants with Procure.ieAnd what about life after elite sport?Olympian and wellness entrepreneur Derval O’Rourke explains the challenges of calling time on her career in competitive sport and finding a new career in the wellness space.Produced by John Casey and Suzanne Brennan, with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
11/8/2023 • 1 hour, 1 minute, 17 seconds
Is the euro zone drifting into recession?
With inflation dropping to its lowest levels in two years across the euro zone, 10 straight interest rate hikes from the European Central Bank seem to be having the desired effect. But attention now turns to stagnating growth across the bloc, with GDP (gross domestic product) falling by 0.1 per cent between July and September. And with Ireland having the largest quarterly decline in GDP (-1.8 per cent) in the third quarter, the State’s highly volatile GDP numbers were cited as one of the factors in the overall decline. As Cliff Taylor explains, Ireland “had an extraordinary run, we’re returning to earth”.And Ciarán Hancock is also joined on this episode by Irish Times business and technology journalist, Ciara O’Brien, to discuss three companies facing different challenges - X, formerly known as Twitter, has been making headlines as it is now reportedly worth less than half of what Elon Musk paid for the company a year ago. Elsewhere, Web Summit have appointed former chief executive of the Wikimedia Foundation, Katherine Maher, as their new chief executive. Maher’s appointment comes after the recent resignation of former CEO Paddy Cosgrave, following the backlash to comments he made on social media on the conflict in Gaza.And one of Dublin’s biggest office tenants, WeWork, are planning to file for bankruptcy, accord to reports in the US. The office sharing group is reportedly struggling with a massive debt pile and hefty losses.Produced by John Casey, with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
11/1/2023 • 36 minutes, 57 seconds
Could a Supreme Court decision have huge implications for workers in the gig economy?
In a decision that has important implications for workers in the gig economy here, a Supreme Court ruling last week found that delivery drivers for a pizza restaurant should be treated as employees and not contractors.Ciarán Hancock is joined by Irish Times Work Correspondent Emmet Malone and employment solicitor Anne O’Connell to tease out the potential ramifications for businesses and workers alike.And after Web Summit’s CEO Paddy Cosgrave decision to step down from his role following his comments on the Israel-Hamas war, what could that mean for Portugal’s business-friendly image and Lisbon’s tourism economy? Lisbon-based journalist Jair Rattner gives his thoughts.Produced by John Casey, with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
10/25/2023 • 30 minutes, 20 seconds
Will co-hosting Euro 2028 be of any real benefit to Irish football?
With Ireland confirmed as co-hosts for Euro 2028 along with the UK, could the tournament be a catalyst for positive change when it comes to the standards of training and facilities within the domestic game here? And while tournament football under the floodlights of the Aviva is a tantalising prospect, will Ireland even qualify?Ciarán Hancock is joined by Irish Times Soccer Correspondent Gavin Cummiskey and CEO of Teneo Ireland Michael O’Keefe to tease out the pros and cons of hosting an international tournament.And with the perception that tourism was not a priority for Budget 2024, Elaina Fitzgerald Kane, Chairperson of Irish Tourism Industry Confederation and Senior Business Report Barry O’Halloran explain why industry chiefs have sought a meeting with Minister for Tourism Catherine Martin to discuss a sector that supports “13 per cent of all Irish livelihoods, more than in agriculture and construction combined”. Produced by John Casey, with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
10/18/2023 • 48 minutes, 25 seconds
Budget 2024: What it means for households and businesses
Ciaran Hancock is joined by guests to pore over the main elements of Budget 2024. The €14 billion package includes notable measures such as the threshold for higher income tax rate rising to €42,000, a €12 weekly increase to welfare and pension payments, and mortgage interest rate tax relief.On the panel: Cliff Taylor, Managing Editor, The Irish TimesLoretta O’Sullivan, Chief Economist and Partner, EY IrelandNeil McDonnell, Chief Executive, ISMEJennifer Bray, Political Correspondent, The Irish Times Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
10/10/2023 • 37 minutes, 33 seconds
The cost of climate change: ‘almost like driving another budget through public finances’
A new report from the Irish Fiscal Advisory Council points to the cost of climate change to the Government rising to billions by the end of this decade. On this week’s Inside Business, host Cliff Taylor is joined by IFAC’s chief economist Dr. Eddie Casey to go through the key points contained in 'What Climate Change Means for Ireland's Public Finances' and the calculations for what the government may have to spend to attempt to achieve our emissions reduction targets.Also on this week’s episode, we hear the factors driving a marked increase in insolvencies among Irish firms this year, and whether the trend is likely to continue next year. Partner at PwC Ireland, Ken Tyrrell, has the details.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
10/4/2023 • 38 minutes, 51 seconds
Are the EU and China edging towards a trade war?
The EU’s trade commissioner is unhappy with the vague nature of two new Chinese security laws, laws which he feels are putting European investment there at risk. Speaking to host Ciarán Hancock, Irish Times China correspondent Denis Staunton told Inside Business how these concerns were raised at the recent EU-China High-level Economic and Trade Dialogue, along with other concerns around Beijing’s neutral stance on the war in Ukraine and the huge inroads Chinese electric vehicles are making in the European market.And the latest data from the Banking and Payments Federation Ireland points to a rise in banking scams, with fraudsters stealing almost €85 million in Ireland last year. Irish Times Home & Design Editor, specialising in writing about personal finance, Fiona Reddan, has some cautionary tales and prudent advice when it comes to protecting yourself against banking scams.Produced by John Casey, with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
9/27/2023 • 33 minutes, 3 seconds
‘These housing demand forecasts are not worth the paper they’re written on’
Joining Ciaran Hancock this week is Irish Times Economics Correspondent Eoin Burke-Kennedy who has the latest figures from the CSO, which point to rising house prices outside Dublin, but house prices in the capital continuing to fall. Has supply finally caught up with demand?And the significant slowdown in commercial construction here would usually be viewed as bad news, not so according to John McCartney, Director, Head of Research at BNP Paribas Real Estate, he explains that this is in fact a welcome development.The panel also give their thoughts on warnings from IFAC and the Central Bank ahead of Budget 2024.Produced by John Casey, with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
9/20/2023 • 37 minutes, 24 seconds
Will Apple’s new iPhone 15 have consumers rushing to upgrade?
After attending the glitzy launch of Apple’s new iPhone 15 range in California, Irish Times business and technology journalist Ciara O’Brien joins host Ciaran Hancock to pore over the incremental changes in the company’s new handsets. They are lighter, stronger and have a better camera, but with the iPhone 15 Pro starting at €1,239, are they worth the money?Plus, we go to journalist Hugo McCafferty in Italy to hear how a blue crab invasion is wreaking havoc on the seafood industry there.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
9/13/2023 • 29 minutes, 22 seconds
Budget 2024: 'You might have a bit of a bonanza in terms of one-off spending'
Budget 2024 is only a matter of weeks away, with the government flagging a package of measures amounting to €6.4 billion. So, what can we expect from this budget, and will we see any surprises with a general election on the horizon? Fiona Reddan of the Irish Times and Head of Tax at EY, Kevin McLoughlin, give Ciaran Hancock their predictions when it comes to areas such as housing, social welfare, tax reform and one-off cost-of-living measures. And Cliff Taylor supplies the economic backdrop to the budget following the release this week of exchequer returns for August and IFAC’s thoughts on government spending. Hosted on Acast. See acast.com/privacy for more information.
9/6/2023 • 43 minutes, 12 seconds
‘We are in unchartered waters on health insurance pricing’
Selecting the correct health insurance policy can seem like a minefield at the best of times, but with premiums going up across the board this year, it feels especially difficult. Speaking to Cliff Taylor on this week’s Inside Business, Dermot Goode of Totalhealthcover.ie explains the reasons behind the increases and points out that consumers are ‘going to have to shop around’ if they want to stay within their budget.And why are so many sectors struggling with staff recruitment and retention? Director of CIPD Ireland, Mary Connaughton has some insights as she gives us the latest data from CIPD's ‘HR Practices in Ireland survey 2023’. Hosted on Acast. See acast.com/privacy for more information.
8/30/2023 • 38 minutes, 19 seconds
‘There’s no farming without profit, it’ll be gone in the morning if there isn’t money’
Farming In Ireland can often feel like a gamble, with external factors like Brexit, the pandemic and the war in Ukraine often impacting a producer’s bottom line. Speaking to Ciaran Hancock on this week’s Inside Business, Rob Coleman, a tillage farmer in North Cork, and Shane McAuliffe, a pig farmer based in Kerry, point out that it’s not just the weather forecast that influences their decisions with input costs proving extremely expensive over the last 18 months.Another challenge that Rob and Shane are doing their utmost to meet, is that of climate change. They explain how policy must match individual efforts if the targets for carbon emissions reductions are to be achieved. Hosted on Acast. See acast.com/privacy for more information.
8/23/2023 • 38 minutes, 28 seconds
Will ending the 9% VAT rate spell disaster for the hospitality sector?
With the temporary 9% VAT rate for hospitality set to return to 13.5% at the end of August, what impact could that have on a sector still finding its feet post-pandemic?Ciaran Hancock gets some insights on the multitude of challenges facing the sector from hotelier Lorraine Sweeney and chef & restaurateur JP McMahon – challenges that already include rising food prices, huge electricity bills, and a staffing crisis across the sector.Plus, Irish Times Political Correspondent Jennifer Bray on the likelihood of government extending the 9% VAT rate, and what opposition parties have to say about it. Hosted on Acast. See acast.com/privacy for more information.
8/16/2023 • 37 minutes, 57 seconds
Challenging times ahead for Irish Stock Exchange as big companies look to the US
With cement giant CRH shifting its primary listing to the New York stock exchange and noises that gambling group Flutter could soon follow suit, the Irish stock exchange is facing significant challenges.Will there be moves to make the domestic stock exchange easier to join? Perhaps a vibrant junior exchange could provide a solution?Ciaran Hancock gets the thoughts of Current Affairs Editor with the Irish Times, Arthur Beesley and CEO of Cantor Fitzgerald Ireland, Ronan Reid.And Irish Times Senior Business Reporter, Barry O'Halloran takes us through his story on how Ticketmaster Ireland has been offering GAA county boards cash incentives to sign up or renew contracts. Hosted on Acast. See acast.com/privacy for more information.
8/9/2023 • 43 minutes, 24 seconds
Accenture job cuts: Staff ‘distraught and devastated’ after announcement
This week Accenture announced they are to cut a further 890 staff from their Irish workforce. The news comes just months after their last round of redundancies, which saw 400 staff let go from the company in March. To discuss the job losses, the reaction from staff and the wider issues facing the tech sector, Ciarán Hancock is joined by Ian McArdle, Deputy Secretary General of the Communications Workers’ Union (CWU) and by Phil Codd, Managing Director of Expleo in Ireland. Hosted on Acast. See acast.com/privacy for more information.
8/2/2023 • 44 minutes, 44 seconds
What are the big challenges facing the aviation sector post-pandemic?
On this week’s episode of Inside Business, Director General of the International Air Transport Association, Willie Walsh, and Founder and managing director of Tour America and Cruise Holidays, Mary McKenna, join Ciarán Hancock to discuss where the aviation sector finds itself post-Covid.Has air travel demand fully recovered? Are fares going to continue to rise? And will sustainable aviation fuel be the key to net zero emissions across the sector by 2050? Hosted on Acast. See acast.com/privacy for more information.
7/26/2023 • 53 minutes, 23 seconds
The latte levy: ‘Consumers want to do the right thing’
Will Government’s plan for a 20c tax on disposable coffee cups have the desired effect or could it end up hurting businesses? On this week’s episode of Inside Business, co-owner of Olive’s Room restaurant and co-founder of Vytal Ireland, Michelle Moloughney, gives Cliff Taylor her thoughts on the divisive levy. And Irish Times business and technology journalist Ciara O’Brien on why she has been writing about Irish tech firm Intercom. Hosted on Acast. See acast.com/privacy for more information.
7/19/2023 • 37 minutes, 49 seconds
The Irish economy has grown rapidly in recent years, how long can it continue?
On this week’s episode of Inside Business with Ciarán Hancock, Chief Economist at Davy, Conall MacCoille, explains why labour shortages and capacity pressures are putting the brakes on growth in some sectors here. And Irish Times Economics Correspondent Eoin Burke-Kennedy runs through the headline details from both the exchequer receipts and the Summer Economic Statement. Hosted on Acast. See acast.com/privacy for more information.
7/5/2023 • 36 minutes, 18 seconds
What are the key challenges when attracting new investment here?
On this week’s episode of Inside Business with Ciarán Hancock, IDA chief executive Michael Lohan tells us how housing, energy supply and a ready pipeline of new talent are need to keep Foreign Direct Investment flowing into the country. Michael and EY partner Feargal de Freine discuss a new report from EY covering 44 European countries on where Ireland sits in the competition for foreign direct investment. Hosted on Acast. See acast.com/privacy for more information.
6/28/2023 • 50 minutes, 49 seconds
Is mortgage interest relief a really bad idea?
With the European Central Bank raising rates to a 22-year high, should Sinn Féin’s proposal for an introduction of mortgage interest relief be entertained by Housing Minister Darragh O’Brien?Brendan Burgess, founder of the consumer forum, askaboutmoney.com, thinks it is a poorly thought-out plan. As he tells host Ciarán Hancock, despite the increases in mortgage rates, most mortgage holders are not in distress and can cope with the higher interest. And with corporation tax receipts likely to exceed €26 billion this year, €2 billion more than the Department of Finance is currently forecasting, should that equate to a bumper giveaway budget come October, or will a lid be put on spending?Eoin Burke-Kennedy, Economics Correspondent with the Irish Times, explains that perhaps following the Norwegian model of sovereign wealth is the way to go given our growing surplus. Hosted on Acast. See acast.com/privacy for more information.
6/21/2023 • 44 minutes, 39 seconds
‘You can’t decarbonize without digitization, you can’t increase digitization without data centres’
With the latest CSO figures pointing to data centres in the Republic using as much electricity as urban households last year despite an effective moratorium on new connections to the grid in the Greater Dublin Area, does the proliferation of data centres here in recent times represent a real threat to our carbon emissions goals?Ciaran Hancock is joined by Irish Times Business Reporter Ian Curran to talks us through what those latest CSO figures mean, while Director of Cloud Infrastructure Ireland, Michael McCarthy and Energy Researcher at UCC, Paul Deane, give the pros and cons of so many data centres setting up here. Hosted on Acast. See acast.com/privacy for more information.
6/14/2023 • 32 minutes, 57 seconds
Accountability for bankers and how it will work
Fifteen years on from the 2008 financial crash, a new accountability regime is due to come into force in Ireland for senior executives in the financial services industry here. In March, the Central Bank launched a three-month consultation period on key aspects of the Individual Accountability Framework for bankers. Derville Rowland is Deputy Governor at the Central Bank of Ireland with responsibility in this area, and she joined Ciaran Hancock to explain how this new regime will work and what will be expected of financial firms and their executives. Hosted on Acast. See acast.com/privacy for more information.
6/7/2023 • 46 minutes, 11 seconds
'They are like heroin addicts, spending more and more money': The US debt ceiling explained
In the United States, the legislative limit on the amount of national debt that can be incurred by the US Treasury has reached its absolute limit. As it stands, the US government is limited by law to borrowing no more than $31.4 trillion, this debt ceiling is routinely reached, but once that happens Congress can simply vote to raise the ceiling and allow the US to borrow more money, and thus continue to pay the nation’s debts.This time around, Republicans have put pressure on President Joe Biden by refusing to raise the debt limit unless they see some tangible federal spending cuts imposed as well as assurances on future spending. A preliminary deal has been struck, named the Fiscal Responsibility Act, it would suspend the debt ceiling until 2025. It must be voted through the House of Representatives later today before it can make its way to the Democrat-controlled Senate later this week.Will the deal satisfy both sides? And what would happen if the US defaulted on the debts it owes? Host Ciarán Hancock is joined by Irish Times Washington Correspondent Martin Wall and Jack Kelly, Senior Contributor to Forbes and Chief Executive of recruitment firm Wecrutir and The Compliance Search Group. Hosted on Acast. See acast.com/privacy for more information.
5/31/2023 • 37 minutes, 26 seconds
Crisp entrepreneur Tom Keogh on tasting success in a crowded market
Tom Keogh delves into the 200-year history of his family's farm business in north county Dublin, the pivots those before him were forced to make, and how ingenious branding and marketing helped Keogh's stand out in a crowded market.We also hear how a conversation with a U.S. Food and Drug Administration official inspired Tom to start making crisps, the challenge of taking on Tayto, and how the pandemic was actually good for business.Plus, with Keogh's crisps boasting some eighteen flavours, it was for Jedward that Tom created his most daring flavour combination....it involved sushi. Hosted on Acast. See acast.com/privacy for more information.
5/24/2023 • 56 minutes, 54 seconds
Norman Crowley on the business of decarbonisation
Cork entrepreneur Norman Crowley has signed a deal with a leading global mining company to retrofit some 8,500 diesel mining trucks into electric vehicles over the next three years, with much of this work to take place at sites in the Republic, he tells Ciaran Hancock on today's podcast. Norman's company Cool Planet Group will carry out some of the work at a new factory it has just completed at Powerscourt, Co Wicklow. He returns to the podcast to talk about how the businesses that make up his Cool Planet group, including software development, electric vehicle conversion and educational service provision, survived the pandemic and are now poised for rapid growth as the race to decarbonise the economy accelerates. Hosted on Acast. See acast.com/privacy for more information.
5/17/2023 • 42 minutes, 26 seconds
IT Business Person of the Year Barry Connolly on 'fulfilling' his business goals
Barry Connolly scooped the award for Business Person of the Year in February at the fifth annual Irish Times Business Awards. He joined Ciaran at the time for a wide-ranging chat about his successful career to date.Barry is co-founder of nutrition bar ‘Fulfil’, which was sold in April of last year for a reported €160 million to confectionary giant Ferrero.After giving his reaction to receiving this most prestigious of awards, he explained how he developed a range of protein bars that took the Irish market by storm. Hosted on Acast. See acast.com/privacy for more information.
5/10/2023 • 45 minutes, 51 seconds
Should the League of Ireland be an all-island competition?
The fact that winning the League of Ireland Premier Division is less lucrative than a UEFA Europa Conference League qualifying round tie speaks volumes about the financial state of football here. Could government intervention have a positive impact? Perhaps a redistribution of the tax income from betting is a good place to start.And with facilities from a bygone era still a feature throughout the country, are too many clubs attempting to play professional football on the island?On today’s Inside Business podcast, Business Editor Ciaran Hancock gets some insight from Chief Executive of Platinum One Group, Fintan Drury and Longford Town manager Stephen Henderson. Hosted on Acast. See acast.com/privacy for more information.
5/3/2023 • 45 minutes, 37 seconds
Why do some shareholders in the Republic's largest private residential landlord feel shortchanged?
With some 4,000 homes in its portfolio, and few or no vacant units at this time, Ires Reit should be raking it in. So, why are they planning to sell off the "crown jewels" of their assets in an attempt to balance the books?The company's annual general meeting on May 4th looks to be more interesting than usual, with Canadian investor Vision Capital calling for the board of directors to be replaced. Ires Reit’s Canadian founder Capreit has indicated it will join forces with Vision Capital, who are agitating for the company to put itself up for sale.Does the situation at Ires Reit signal the beginning of the end of institutional investors in Ireland?On today’s Inside Business podcast, Business Editor Ciaran Hancock gets some insight from Markets Correspondent Joe Brennan and Head of Real Estate - Investment Banking at Goodbody, Colm Lauder. Hosted on Acast. See acast.com/privacy for more information.
4/26/2023 • 40 minutes, 6 seconds
With only three big banks left, are Irish consumers bereft of choice?
With KBC and Ulster Bank having exited the Irish market, what is out there for Irish customers when it comes to loans and savings?Could Fintech companies like Revolut and N26, along with more established companies such as An Post and our Credit Unions, prove to be viable alternatives for consumers looking to change?Plus, are house-hunters likely to see asking prices dropping across the board over the next twelve months? Ciaran Hancock gets some insight from Markets Correspondent Joe Brennan, Consumer Affairs Correspondent Conor Pope and Daragh Cassidy from Bonkers.ie. Hosted on Acast. See acast.com/privacy for more information.
4/19/2023 • 34 minutes
‘Dysfunctional and illogical’: Developer Michael O’Flynn on Ireland’s new vacant land tax
In this episode, Cork-based developer Michael O’Flynn shares his views on the new Residential Zoned Land Tax (RZLT), which will come into effect in 2024, replacing the existing vacant site levy. The new tax aims to increase housing supply by encouraging developers to build on land owned, rather than hoarding it. While O’Flynn explains that he’s in favour of the concept, he doesn’t agree with the way it is being implemented and applied by local authorities. O’Flynn who owns 24 properties in Cork city and county, received an exemption for 12 of those sites, but must appeal the remaining dozen with An Bord Pleanála, or be faced with an annual bill of more than €2 million.Later on, Ciaran is joined by Environment editor Kevin O’Sullivan and President of Engineers Ireland (EI) John Power to discuss their latest electrical energy review and Ireland's future energy needs. Hosted on Acast. See acast.com/privacy for more information.
4/12/2023 • 46 minutes, 13 seconds
Corporation tax boost / Have we reached peak house prices?
Despite a slowdown in the tech sector, Ireland’s corporation tax receipts are as healthy as ever. The latest exchequer returns show the Government collected €3.2 billion in the first quarter of 2023, €1.3 billion higher than in the same period last year. Eoin Burke-Kennedy and Cliff Taylor talk to Ciaran Hancock about the government's plan for the takings. Later, Marian Finnegan, Managing Director of Sherry Fitzgerald joins Ciaran and Eoin to talk about property prices and the outlook for the housing market. According to MyHome.ie, house prices have fallen by a modest 0.3% in the first quarter of 2023, however Sherry Fitzgerald maintains prices are still on the up. They also discuss possible routes out of the housing crisis and the lifting of eviction ban. Hosted on Acast. See acast.com/privacy for more information.
4/5/2023 • 47 minutes, 18 seconds
'We have a lot of eggs in few baskets' - does the positive outlook conceal threats to our economy?
The Economic and Social Research Institute (ESRI) has published a new report on Ireland's economic circumstances. Conor O'Toole, Associate Research Professor with the ESRI, joins Eoin Burke-Kennedy and Ciaran to talk about the report. They discuss inflation, growth, the impact of inadequate housing supply and the problem of relying so heavily on a few major industrial sectors. Plus: London correspondent Mark Paul reports on how the UK's economic situation is evolving under Prime Minister Rishi Sunak and Chancellor Jeremy Hunt. Hosted on Acast. See acast.com/privacy for more information.
3/29/2023 • 34 minutes, 53 seconds
What the most recent tech cuts and bank runs could mean for Ireland
With Amazon announcing a further 9,000 jobs job cuts this week, and Workhuman’s plans to reduce its global workforce by 10%, it could be many weeks or even months before we learn how many Irish roles are affected. Business and technology journalist, Ciara O’Brien, analyses the latest retrenchment in the tech sector. Business reporter, Ian Curran, examines the potential risk of contagion following the bailout of Credit Suisse and the collapse of Silvergate, Silicon Valley Bank and Signature Bank in the US. Markets have reacted well to the Swiss deal but the wiping out of AT1 bonds, a key source of funding for Irish banks, could have implications here. Presented by Laura Slattery Hosted on Acast. See acast.com/privacy for more information.
3/22/2023 • 31 minutes, 46 seconds
Silicon Valley Bank: what is the cost of the collapse?
The collapse of Silicon Valley Bank (SVB) last week has spooked financial markets, with global banking stocks dropping significantly as a result. With a new CEO at the helm, SVB is declaring ‘business as usual’, but the ripple effects of the bank’s failure can still be felt. To discuss the reasons behind the bank run and the wider implications on markets and the tech sector, Ciaran Hancock is joined by Irish Times columnist Chris Horn and Markets Correspondent Joe Brennan. Hosted on Acast. See acast.com/privacy for more information.
3/15/2023 • 30 minutes, 17 seconds
Why are Irish companies shifting their stock listings to the United States?
This week's podcast is focussed on stock market and banking news. Host Ciaran Hancock is joined by Aidan Donnelly, Head of Equities at Davy and Joe Brennan, Markets Correspondent with The Irish Times. It is reporting season, so news is emerging about the performance and intentions of Irish plcs. And some are indicating plans to shift their main stock market listing to the United States. Why is this happening and what does it mean for Irish operations? Irish banks are posting healthy figures, and Bank of Ireland has a plan to bypass the ban on bonuses. Will others follow suit? What can we expect from the next European Central Bank meeting - will interest rates rise again? Inside Business is produced in association with EY Ireland. Hosted on Acast. See acast.com/privacy for more information.
3/8/2023 • 38 minutes, 41 seconds
Will the protocol deal bring prosperity to Northern Ireland?
The deal is done between the UK and the EU to solve problems with the Northern Ireland protocol, and should it become operational, that deal means Northern Ireland will remain within the EU single market, with the added benefit of access to the UK market. So what will that mean for its economy - and what will it mean for the economy in the Republic? Ciaran Hancock and Cliff Taylor are joined by Mark O'Connell, founder of Belfast-based consultancy OCO Global and Stephen Kelly, CEO of Manufacturing Northern Ireland to talk about the deal. Plus: Businessman Denis O’Brien is on track to cede control of Digicel under a plan agreed with a group of bond creditors to swap $1.8 billion (€1.7 billion) of the heavily-indebted group’s borrowings for an equity stake in the business. Joe Brennan has the details. Hosted on Acast. See acast.com/privacy for more information.
3/1/2023 • 44 minutes, 30 seconds
What's in the new cost of living package? / Scams target Revolut users
The government's latest package of cost of living measures includes extra cash payments to social welfare recipients and parents - but no further contributions to our energy bill payments. Does the package go far enough? And by extending - again - a more favourable VAT rate for the hospitality sector, the Government is foregoing tax revenues of €300 million. Why does the return of the rate keep getting pushed back? Ciarán talks to political reporter Jack Horgan-Jones and columnist Cliff Taylor. Plus: We're by now sadly familiar with finance scams using texts, emails and bogus websites to defraud people. The latest method takes advantage of the growing use of digital banking services like Revolut. Consumer affairs correspondent Conor Pope explains what to watch out for. Hosted on Acast. See acast.com/privacy for more information.
2/22/2023 • 44 minutes, 47 seconds
Irish jewellery designer Chupi: 'The divorce ring is a whole new category'
Chupi Sweetman is the Irish jewellery designer on a mission to disrupt the diamond industry. The founder and CEO of her eponymous brand has just secured €3.75m in investment to fuel her global ambitions. She speaks about industry trends, removing Russian diamonds from her supply chain and how blockchain will help secure the provenance of her heirloom jewellery. Also in this episode, Barry O'Halloran reports on the yawning gap between what multinationals are paying for energy compared to domestic Irish businesses. Hosted on Acast. See acast.com/privacy for more information.
2/15/2023 • 39 minutes, 4 seconds
IT Business Person of the Year Barry Connolly: ‘I never really wanted to work for anyone else’
Barry Connolly, the man who brought Red Bull and Kopparberg cider to Ireland has just been named the Irish Times Business Person of the Year. After graduating from UCD with a degree in business, the Dubliner went on to work in advertising and sales at the Sunday Tribune, before moving into the world of entrepreneurship, where he worked alongside a number of successful brands. In 2016, he launched Fulfil, a range of protein bars which took the Irish market by storm. Last April, he sold the business for a reported €160 million to family-owned confectionery giant Ferrero. In this conversation with Ciaran Hancock, he looks back over his career trajectory, explains why Fulfil has become a hit with consumers and shares his top tips for budding entrepreneurs. Hosted on Acast. See acast.com/privacy for more information.
2/8/2023 • 46 minutes, 13 seconds
Has the Central Bank let down Irish mortgage holders?
Brendan Burgess joins the podcast to explain his critique of Central Bank policy on mortgage interest rates. It comes after Central Bank governor Gabriel Makhlouf told an Oireachtas committee that Irish banks should increase interest rates to reflect increases applied by the European Central Bank. Plus: Cliff Taylor and Eoin Burke-Kennedy look at the latest economic trends. Hosted on Acast. See acast.com/privacy for more information.
2/1/2023 • 41 minutes, 27 seconds
Does hybrid working and the tech slowdown mean we've reached 'peak office'?
An increase in office stock, the switch to hybrid working, as well as job losses in the tech sector have contributed to a slowdown in the Dublin commercial real estate market, according to industry expert, John Moran. The CEO of JLL joins Ciaran Hancock to discuss the 13% office vacancy rate driven partly by the increase in 'grey space.' The term is used to describe what is available for sub-leasing or assignment, more of which is being seen in the capital as Big Tech companies pull back to 2019 levels of employment. Meanwhile, Director of Technology Ireland, Una Fitzpatrick gives the industry view on the recent job losses. The Ibec branch wants to counter the narrative that the sector is in free-fall, noting these are the first redundancies of this level since 2010.With any subscription you'll get unlimited access to the very best in unique quality journalism from The Irish Times. Subscribe today. Hosted on Acast. See acast.com/privacy for more information.
1/25/2023 • 39 minutes, 45 seconds
Davos: Politics, business and climate change converge at the WEF
Climate change is one of the themes of this year’s World Economic Forum in Switzerland. Markets Correspondent, Joe Brennan, reports from Davos where a recent winter heatwave means the highest town in Europe has significantly less snowfall than usual. The Taoiseach, Finance Minister and a delegation from the IDA are there as part of Ireland’s attempt to court FDI. All three parties are awaiting news from Microsoft on how many Irish jobs will be among the plans announced today to cut its workforce by 10,000, globally. Berlin Correspondent, Derek Scally, reports on how Europe’s most senior data regulatory body has ruled the Data Protection Commission in Dublin has failed to investigate, with due diligence, data collection and processing at Facebook and Instagram. Critics say that may have deprived the exchequer of a multibillion euro windfall. With any subscription you'll get unlimited access to the very best in unique quality journalism from The Irish Times. Subscribe today. Hosted on Acast. See acast.com/privacy for more information.
1/18/2023 • 32 minutes, 49 seconds
What will a new insurer in the market mean for consumers?
This week we got a look at two reports into economic activity in Ireland, one from Enterprise Ireland and the other from Bord Bia. Eoin Burke Kennedy explains what we learned about the performance of homegrown businesses and within the growing food sector.But first, Joe Brennan explains what the arrival of a new insurer, the South African company OUTsurance, into the Irish car insurance market means for the industry and for motorists. Will their presence drive down premiums? Hosted on Acast. See acast.com/privacy for more information.
1/11/2023 • 28 minutes, 58 seconds
A look ahead to 2023
What will 2023 have in store for the economy, the media landscape and the tech sector? Ciarán Hancock is joined by Irish Times business journalists Eoin Burke-Kennedy, Ciara O’Brien and Laura Slattery. Hosted on Acast. See acast.com/privacy for more information.
12/28/2022 • 37 minutes, 48 seconds
The Biggest business stories of 2022
2022: It was a year of soaring inflation, bumper corporation tax and the cost of living crisis. In the first of two episodes looking back on the biggest business stories of the year, Ciarán Hancock is joined by Irish Times journalists Cliff Taylor and Joe Brennan. The panel discuss the knock on effect of rising interest rates, the 12 billion surplus in November and what the new year may have in store for the economy. Hosted on Acast. See acast.com/privacy for more information.
12/21/2022 • 41 minutes, 39 seconds
Post office quarrels / Drug dealing impacts city centre businesses
CEO of An Post David McRedmond joins Ciaran Hancock to discuss the ongoing row between An Post and the UK’s Post Office over the implementation of post-Brexit customs rules, which is resulting in thousands of online purchases being returned to British retailers. Later on, we hear from two Dublin city centre business owners, Stephen Kennedy of Copper+Straw cafe and Sean Crescenzi of Happy Endings restaurant. They speak about the impact that anti-social behaviour and drug dealing, in and around Aston Quay, is having on their businesses and the immediate and long-term solutions they would like to see implemented to address the issue. Hosted on Acast. See acast.com/privacy for more information.
12/14/2022 • 42 minutes, 52 seconds
Chinese interest in the ‘golden visa’ scheme surges
Irish Times Current Affairs Editor Arthur Beesley joins Ciarán Hancock to discuss the recent spike in applications by wealthy Chinese citizens to the Immigrant Investor Programme. The scheme allows applicants, with a minimum net worth of €2 million, to obtain residency in the State, if they invest in the Irish economy. With the number of applications almost tripling in the first nine months of the year, speculation is mounting that the scheme could be closed off. Later on, we hear from Economics Correspondent Cliff Taylor who discusses how rising interest rates, coupled with a slowdown in construction are impacting the housing market. Hosted on Acast. See acast.com/privacy for more information.
12/7/2022 • 30 minutes, 10 seconds
What will the easing of bankers’ pay restrictions do for competition dynamics?
After Finance Minister Paschal Donohoe's surprise move to ease restrictions on pay and bonuses in the banking sector, we look at what it might mean for the three domestic banks and their international competitors. Markets Correspondent, Joe Brennan, also takes us through the rest of the headline-grabbing details in the 220 page Retail Banking Review. Ciaran is also joined by the Irish Times' Karlin Lillington to discuss the €265m fine handed down to Meta this week over its data protection breach. With fines now totalling over €900m, will it have made Mark Zuckerberg sit up and notice? Hosted on Acast. See acast.com/privacy for more information.
11/30/2022 • 46 minutes, 27 seconds
"We have a fundamental misunderstanding of our housing need."
The need is well above the government's policy targets and we're obsessed with married people who are just about to have children, according to the author of he latest Daft.ie report, economist Ronan Lyons. The latest figures show another quarter of extreme shortages in rental supply. Economics Correspondent, Eoin Burke Kennedy, also joins Ciaran to take a deep dive into the report. We also delve into World Cup sponsorship deals with London marketing expert and former head of the Copa90 football agency, James Kirkham. Are brands getting bang for their buck in one of the most controversial tournaments in decades? Hosted on Acast. See acast.com/privacy for more information.
11/23/2022 • 42 minutes, 41 seconds
Musk's Twitter takeover troubles Irish regulators
On the podcast this week?: Ciara O'Brien on the troubles swirling around Twitter under the leadership of Elon Musk. The company this week met with the Irish Data Protection Commission to discuss concerns about upheaval at the company and how it could impact the safety of users and their data. Joe Brennan on the news that car insurers had a bumper year in 2021, enjoying the highest profits since 2009. The size of awards paid out plummeted but premiums only dipped slightly. Will cheaper premiums be on the way? Hosted on Acast. See acast.com/privacy for more information.
11/16/2022 • 34 minutes, 28 seconds
Is the tech crunch a correction or a calamity?
The job losses announced by Meta and Stripe may provide an indication of layoffs across the tech sector. Inside Business is analysing the impact of the redundancies, announced over the past week, across the wider Irish economy. After enjoying bumper profits and a surge in recruitment during the pandemic, interest rate rises and the cost of living crisis have finally caught up with the tech giants. But is the crunch merely a recalibration of the sector or a more foreboding warning of global recession? Ciaran Hancock, Cliff Taylor and Laura Slattery analyse how prepared we are to absorb the losses, what the impact on the commercial property market will be and does the IDA have a Plan B should the multinationals pare back significantly. Hosted on Acast. See acast.com/privacy for more information.
11/9/2022 • 31 minutes, 53 seconds
Is remote working putting Ireland's corporate tax take at risk?
The Government is facing a potential threat to some of its corporation tax revenues because people who worked remotely from abroad for Irish-based firms during the pandemic are refusing to return to the State because of the housing crisis, senior business figures have warned. Arthur Beesley reports.Pubs will be allowed to remain open until 12.30am seven days a week, while nightclubs will be allowed to open until 6am, under a major new overhaul of licensing laws due to be considered by Cabinet on Tuesday. It's a welcome move but isn't a panacea for the problems facing the hospitality sector, says Mark Paul. Hosted on Acast. See acast.com/privacy for more information.
11/2/2022 • 33 minutes, 14 seconds
Calm after the storm for UK markets / Used-car prices on the rise
Calm was finally restored within the UK markets this week, as Rishi Sunak took up his post as the new British Prime Minister. Aidan Donnelly, Associate Director at Davy Global Fund Management explains why the recent political chaos led to a market meltdown and why Sunak’s appointment has steadied the ship. Later on, Ciaran Hancock is joined by Graham Clarke, CEO of Kylemore Cars, Ireland’s largest independent second-hand car sales company. They discuss the used-car business, which continues to see the price of second-hand cars rise as a result of “three major bumps in the road affecting the supply chain”. Clarke also speaks about the new carbon-neutral showrooms in Ballymount, recently opened by Kylemore Cars following a €6m investment. Hosted on Acast. See acast.com/privacy for more information.
10/26/2022 • 27 minutes
Sean O’Driscoll of Cliste Hospitality: “There were a number of hoteliers charging rates that were indefensible”
Growing up in Youghal, Co Cork, Sean O’Driscoll first “caught the bug” for the hospitality industry, while working behind the bar in his local hotel. From there, he went on to study Hotel Management in Galway, with a stint in Switzerland to gain further experience. He has worked in many venues across Ireland and has spent 13 years as a hotel general manager, before finally taking up a group role in 2016. Today, he is the co-founder of Cliste Hospitality, one of the largest operators and managers of hospitality venues in Ireland. In this episode, he talks to Ciarán Hancock about how the hotel group has bounced back following the pandemic and his expectations for 2023 and beyond. He also gives an insight into how his company are managing rising costs across the board, from electricity prices to wage-increases. They also discuss accusations of price-gouging within the sector and what can be done about it. Hosted on Acast. See acast.com/privacy for more information.
10/19/2022 • 38 minutes, 22 seconds
What can be done to ease the pressure on the restaurant industry?
All over the country, restaurants are being forced to close their doors, unable to function in the current economic climate. Fears are growing that closures within the industry could reach one per day, levels last seen during the recession in 2012. With energy costs continuing to rise and Covid-era supports due to end early next year, the worst may be yet to come. In today’s episode, chef and restaurateur JP McMahon tells Ciaran Hancock about his decision to close his Galway-based restaurant Tartare in August this year. We also hear from Adrian Cummins, chief executive of the Restaurants Association of Ireland, who believes the government could be doing a lot more to ease the pressure on the industry. Hosted on Acast. See acast.com/privacy for more information.
10/12/2022 • 33 minutes, 55 seconds
Will interest rates peak sooner than expected?
Although sterling has rallied since the British government’s mini-budget announcement, the bond market remains disturbed. All eyes are now turning to the ECB and how it will react to the turbulence. The effect on interest rates will play out in the coming weeks, but could they peak sooner than expected? To discuss the impact of the mini-budget on the global economy, Ciaran Hancock is joined by Joe Gill of Goodbody Stockbrokers. Irish Times Economics Correspondent, Cliff Taylor, also takes a look at what it means from an Irish perspective. We also examine the latest bumper exchequer returns, and whether they may help offset what looks like an impending consumer-recession. Hosted on Acast. See acast.com/privacy for more information.
10/5/2022 • 33 minutes, 47 seconds
Budget 2023: What it means for businesses and taxpayers
Ciaran Hancock is joined by guests to analyse Budget 2023.On the panel:Cliff Taylor, Managing Editor, The Irish TimesSven Spollen-Behrens, Director, Small Firms AssociationKevin McLoughlin, Head of Tax and Law, EY IrelandJennifer Bray, Political Correspondent, The Irish TimesInside Business is produced in association with EY Ireland. Hosted on Acast. See acast.com/privacy for more information.
9/27/2022 • 41 minutes, 3 seconds
Budget 2023: What to expect
In part one of today's podcast, Jack Horgan-Jones and Cliff Taylor discuss next week's budget when the government is expected to deliver a huge package of relief for households as well as the usual adjustments to taxes and new fiscal initiatives. In part two: Once again, the tourism sector will be hoping for an extension to the 9% VAT rate that was brought in to help businesses survive the pandemic. But there are indications the rate, which was extended by six months earlier this year, will not be extended again. Eoghan O'Mara Walsh is Chief Executive of the Irish Tourism Industry Confederation and he tells Ciaran why the rate should stay and how the sector is faring. Hosted on Acast. See acast.com/privacy for more information.
9/21/2022 • 51 minutes, 50 seconds
What is behind big tech’s hiring slowdown?
A new employment survey by ManpowerGroup has shown that hiring intentions in Ireland’s tech sector have fallen dramatically. Rising interest rates, previous high volume hiring campaigns and an early post pandemic recovery have knocked confidence in the sector.So is this just a temporary blip or a sign of something more serious? John Galvin, managing director of ManpowerGroup and Una Fitzpatrick, director of Technology Ireland join Cliff Taylor to discuss. Hosted on Acast. See acast.com/privacy for more information.
9/14/2022 • 24 minutes, 15 seconds
How are businesses coping with rising costs across the board?
As a result of Europe’s ongoing energy crisis, Irish businesses are experiencing rising costs across the board. In this episode, Cliff Taylor speaks to Tony Walker, general manager of the Slieve Russell hotel and golf resort in Co Cavan about how his hotel is dealing with runaway energy bills and increasing supplier costs. We also hear from Business Affairs Correspondent Mark Paul who explains what the Government might do to respond to the crisis. Hosted on Acast. See acast.com/privacy for more information.
9/7/2022 • 25 minutes, 51 seconds
Energy crisis: Are businesses ready to deal with blackouts?
Businesses are worried they’ll be forced to frontload high energy payments to finance temporary electricity generation this winter. Large energy users will also be the first firms forced to cut their energy demand if the national grid comes under unsustainable pressure. Cliff Taylor speaks to Ibec’s chief economist, Ger Brady, about the implications for the sector and the economy as a whole, in the event of rolling blackouts. The Irish Times’ Barry O’Halloran reports on the diverging views of the Commission for the Regulation of Utilities and operator Eirgrid, at yesterday’s Oireachtas Committee on Environment and Climate Action. We also look at how the CRU proposes to deal with shortages over the coming winter. Plus, we examine the European Commission’s mooted redesign of the electricity wholesale market, after the EC President announced the commission is working on an “emergency intervention and structural reform.” The Irish Times’ Fiona Reddan also looks at what domestic measures may be announced in the upcoming budget to ameliorate the situation facing households. And we take a look at what tax and spending changes might be made in the areas of housing, social welfare, income tax and once-off payments. Hosted on Acast. See acast.com/privacy for more information.
8/31/2022 • 33 minutes, 3 seconds
Why are European stocks struggling? / Streaming services weigh up ads
Investors are worried about energy prices, with those worries reflected in a series of bad sessions for European stocks this week.To understand what's happening, Ciaran is joined by Aidan Donnelly, Associate Director at Davy Global Fund Management.And Eoin Burke-Kennedy on new analysis from the UK that suggests staggering inflation of over 18% could be possible there. Could it happen here?Plus, Laura Slattery on moves by big streaming services like Netflix and Disney+ to run advertising on its services, with more expensive payment tiers for those who want to keep an ad-free experience. Will it rub consumers up the wrong way? Hosted on Acast. See acast.com/privacy for more information.
8/24/2022 • 40 minutes, 41 seconds
What is the potential economic cost of a united Ireland? (From May 2021)
Eoin Burke Kennedy from the Irish Times and DCU Professor John Doyle join Ciaran Hancock to discuss the potential economic impact of Irish reunification.This episode was originally published in May 2021. Hosted on Acast. See acast.com/privacy for more information.
8/17/2022 • 31 minutes, 21 seconds
Glenveagh CEO Stephen Garvey: “We put ourselves in the boots of the consumer”
Last week, Glenveagh Properties, one of the State’s largest homebuilders, faced criticism over a design plan they put forward to Minister Darragh O’Brien, in a bid to solve Ireland’s housing crisis. The plan suggested an overhaul of existing planning regulations which would replace apartments with more own door homes. A move which CEO Stephen Garvey describes as “a win-win for society across the board”. Here he speaks to Ciarán Hancock about the suggestions in the report, how it could keep building costs down and where he thinks house prices will go next. Hosted on Acast. See acast.com/privacy for more information.
8/10/2022 • 46 minutes, 21 seconds
The future of forecourts (originally published October 2021)
In 2020 Maxol celebrated its 100th year in business, making it the oldest family run oil company in Ireland. As they prepare for their next 100 years in operation, the company have undertaken a major revamp of their forecourt network and convenience shops. In October Ciaran Hancock took a trip out to their flagship outlet in Bray to speak with Maxol’s Chief Executive Brian Donaldson and to Director and family shareholder Noel McMullan. They spoke about the impact of the pandemic on fuel sales, the future of cars and travel and how their business model can align itself with climate change targets set by the government. Hosted on Acast. See acast.com/privacy for more information.
8/3/2022 • 32 minutes, 52 seconds
Will a European gas crunch affect Ireland?
With the flow of Russian gas to Europe in ever more doubt this winter, the EU is grappling with how to ensure adequate energy supplies across its member states. Ireland has secured an exemption from a new EU directive that calls for a 15% reduction in use. But that doesn't mean Ireland can avoid any pain. Barry O'Halloran and Naomi O'Leary join Ciarán Hancock to discuss. Barry also reports on the latest Ryanair news including Q1 results and baggage handling problems. Hosted on Acast. See acast.com/privacy for more information.
7/27/2022 • 33 minutes, 15 seconds
What an interest rate rise means for you
The European Central Bank is expected to raise interest rates this week in an effort to dampen inflation. What will the move mean for consumers, mortgage-holders and the economy? Cliff Taylor explains. But first: This week AIB announced it would no longer provide cash services in many more of its branches across the country. The move has angered some customers, advocates for rural services and bank employees. Ciarán talks to markets correspondent Joe Brennan and Financial Services Union general secretary John O'Connell about the move. Hosted on Acast. See acast.com/privacy for more information.
7/20/2022 • 34 minutes, 20 seconds
Interview: Martin Shanahan on leaving IDA Ireland
Martin Shahahan has been at the helm of IDA Ireland since 2014, but will step down from his role as CEO in early 2023. Today he tells Cliff Taylor about his decision to leave after eight years in the job, the progress made in that time and the challenges facing Ireland in attracting high levels of foreign direct investment. Hosted on Acast. See acast.com/privacy for more information.
7/13/2022 • 38 minutes, 46 seconds
How far will a €6.7 billion budget package get us?
UCC economics lecturer Seamus Coffey and Tom McDonnell Co-Director of the Nevin Economic Research Institute (NERI) join Cliff Taylor to discuss the Summer Economic Statement which was published this week and the €6.7 billion budget package poised to tackle the spiralling cost-of-living crisis. Hosted on Acast. See acast.com/privacy for more information.
7/6/2022 • 35 minutes, 49 seconds
Which direction are house prices going?
Two housing reports delivered two different takes on the Irish property market in the past week. MyHome.ie, which is owned by The Irish Times, suggests that house price growth is slowing in the face of cost-of-living concerns and rising interest rates. However Daft.ie says they’re accelerating, fast approaching the Celtic Tiger peak, amid chronically low levels of supply. So, what’s really going on?In this episode, Irish Times Economics Correspondent Eoin Burke-Kennedy sheds some light on the differences in the two reports, while Marian Finnegan of Sherry Fitzgerald has the estate agents view from the ground.The European Central Bank is expecting to hike its interest rates from next month, with further increases anticipated as the year rolls on. Cliff Taylor explains what effect those hikes might have on house buying over the next 12 months. Hosted on Acast. See acast.com/privacy for more information.
6/29/2022 • 26 minutes, 16 seconds
Why are stock markets so volatile right now?
Last week markets worldwide wobbled as investors fretted about a recession and aggressive monetary tightening by central banks.In addition, cryptocurrencies have slumped this year leaving many people nursing major losses. So, is this just a blip, or is there something more fundamental going on? In this episode of The Irish Times Inside Business podcast, Ciarán Hancock is joined by Cliff Taylor of The Irish Times, Aidan Donnelly, head of equities at Irish stockbroker Davy, and Irish Times Washington Correspondent Martin Wall, to make sense of it all and discuss what it might mean for the Irish economy. Hosted on Acast. See acast.com/privacy for more information.
6/22/2022 • 44 minutes, 7 seconds
What happens to the Northern Ireland protocol now?
This week the UK introduced a Bill to unilaterally scrap the Northern Ireland protocol, the post-Brexit set of rules which govern Northern Irish trade. The EU has now launched infringement proceedings against the UK for not complying with significant parts of the deal, which it describes as a clear breach of international law. Ciarán is joined by Public Affairs Editor Simon Carswell, chief executive of Manufacturing Northern Ireland Stephen Kelly and Robert Sweeney, a policy analyst at TASC, to discuss this standoff over the protocol. Hosted on Acast. See acast.com/privacy for more information.
6/15/2022 • 34 minutes, 17 seconds
How important is the ‘latte levy’ to our climate goals?
The Government plans to introduce a 20c tax on all single-use takeaway coffee cups in a bid to make Ireland the first country in the world to eliminate their use.The so-called ‘latte levy’ forms part of the Circular Economy Bill, which aims to introduce world-leading moves to reduce waste and influence behaviour.Nearly half a million takeaway cups are sent to landfill or incineration every day. So why do some claim that the proposal won’t achieve its aims?In today’s episode of the Inside Business podcast, we hear from Dairine Keogh, owner of the Clement and Pekoe coffee shops in Dublin, about her views on the tax.Presenter Laura Slattery also speaks to managing director of Retail Excellence, Duncan Graham, and Sadhbh O’Neill, an assistant professor at Dublin City University and lecturer in climate policy and environmental politics. Hosted on Acast. See acast.com/privacy for more information.
6/8/2022 • 34 minutes, 33 seconds
A turbulent recovery for tourism and air travel
Tourism and air travel have rebounded strongly in 2022 after two years of pandemic restrictions. But both are also facing major issues around pricing, staff and availability of product.Hotelier Lorraine Sweeney and Irish Times Business Affairs Correspondent Mark Paul outline some of the problems faced by the hospitality sector. Ciarán is also joined by aviation expert, Joe Gill of Goodbody, to discuss how airlines across Europe are faring and whether the queuing at Dublin Airport will have a lasting impact on Ireland’s reputation as a tourism destination. Hosted on Acast. See acast.com/privacy for more information.
6/1/2022 • 35 minutes, 24 seconds
No housing bubble brewing / Davos is back
The European Commission says there's a limited risk of another housing bubble developing in Ireland due to stricter rules that have reduced risk in the financial system. The positive finding comes despite the fact that house prices are expected to continue to rise this year. Cliff Taylor gives his views on the matter. Also in today’s episode: after a gap of more than two years, the World Economic Forum has gathered again in Davos, Switzerland. Joe Brennan is there for The Irish Times and tells us what has been happening. Hosted on Acast. See acast.com/privacy for more information.
5/25/2022 • 40 minutes, 40 seconds
Siteserv report / Should bankers be paid more?
Irish Times current affairs editor Arthur Beesley has the latest on the Siteserv deal, following a seven-year inquiry into its sale to a company owned by Denis O’Brien.Plus: Markets correspondent Joe Brennan reports on the Government’s efforts to address the thorny issue of banker’s pay, as it seeks the views of the public on continuing pay restrictions across Irish banks which were bailed out during the financial crisis, as part of a review of the future of the sector. Hosted on Acast. See acast.com/privacy for more information.
5/18/2022 • 33 minutes, 8 seconds
Are we heading for a global recession?
With rampant inflation, rising interest rates and the continuing war in Ukraine, warnings about the potential for a global economic downturn are getting louder by the day. Ciarán talks to Irish Times writer Cliff Taylor and Washington Correspondent Martin Wall. Hosted on Acast. See acast.com/privacy for more information.
5/11/2022 • 36 minutes, 44 seconds
Ad Man Stuart Fogarty on disrupting the Irish market
With his new company Admatic, chief executive Stuart Fogarty is seeking to disrupt the traditional advertising market in Ireland. It allows clients to buy advertising directly online with the big media companies, cutting out the middleman. Fogarty explains the concept to Ciarán and the traction it has gained in its first five months. He also sounds a warning on the Irish economy, based on the spending levels he’s seeing coming through at Admatic, and they look back at Fogarty’s own storied career in advertising, which involved running two of the biggest ad businesses in Ireland and a brush with the law more than a decade ago. Hosted on Acast. See acast.com/privacy for more information.
5/4/2022 • 41 minutes, 10 seconds
Interview: Ex-Dalata boss Pat McCann on his busy retirement
Dalata Hotel Group founder and former chief executive Pat McCann retired last year, after more than half a century in the hotel business. Last week Mr McCann was presented with an award for Distinguished Leadership at the Irish Times Business Awards. Today, he talks to Ciarán about his life and career, as he settles into a very active retirement. Hosted on Acast. See acast.com/privacy for more information.
4/27/2022 • 1 hour, 1 minute, 3 seconds
Interpath Advisory / Golden Discs new POP! store
Interpath Advisory, the UK-based corporate restructuring and insolvency firm, is planning to build up a practice in Ireland with 120 staff within the next three to four years, after poaching six partners from KPMG and Deloitte in Ireland. Its chief executive Blair Nimmo talks to Ciarán about Interpath’s ambitious plans for its Irish arm. Plus: Sixty years after it first launched, Golden Discs is opening a brand-new concept store POP! at their flagship Dundrum Town Centre retail unit, to coincide with Record Store Day 2022. Chief executive Stephen Fitzgerald, whose father Jack was one of the founders of Golden Discs in 1962, talks to Ciarán about POP!, vinyl’s renaissance and the future of one of Ireland’s best-known retail brands. Hosted on Acast. See acast.com/privacy for more information.
4/20/2022 • 34 minutes, 34 seconds
Do rent controls work? / Sandyford KGB spy links
Pat Davitt of the Institute of Professional Auctioneers and Valuers talks to Ciarán Hancock about the impact of rent controls on the Irish market.And The Irish Times investigative reporter Colm Keena explains the links between a company in Sandyford, Dublin and one of Vladimir Putin’s closest associates. Hosted on Acast. See acast.com/privacy for more information.
4/13/2022 • 30 minutes, 4 seconds
Economic outlook: some positives, many warnings / How Frankie Sheahan lures big names to the Pendulum Summit
The economy is being affected by several strong trends - where will those trends take us in the year ahead? Cliff Taylor looks at the latest Central Bank growth forecast, inflation, and other economic threats posed by the war in Ukraine. The end of this month will see the return of the Pendulum Summit to Dublin after a pandemic hiatus. Apple co-founder Steve Wozniak is among the big names appearing at the annual business and self-empowerment event. Pendulum founder and former Irish rugby international Frankie Sheahan talks to Ciaran about what it takes to attract big names to the summit and what attendees can expect this year. Hosted on Acast. See acast.com/privacy for more information.
4/6/2022 • 39 minutes, 53 seconds
“The market has never been in a better position” - Health insurance expert Dermot Goode
On Monday, VHI took the insurance market by surprise by announcing rebates to customers and a price cut to premiums that will take effect in May. So what has brought about these changes and what will rival companies do? Health insurance expert Dermot Goode from Totalhealthcover.ie joins Ciaran Hancock to discuss this latest development in the market. Hosted on Acast. See acast.com/privacy for more information.
3/30/2022 • 33 minutes, 49 seconds
Spiralling energy costs and the move to renewables
With energy prices soaring and fears mounting over access to oil and gas, Cliff Taylor speaks to Muireann Lynch, Energy economist with the ESRI and Gerard Brady, Chief Economist at Ibec about the potential impact of EU embargoes on Russian energy supplies. Later on, Cliff is joined by Kevin O’Donovan, Managing Director at Statkraft Ireland and Senior Vice President of the company’s wind and solar activities across Northern Europe. They speak about Statkraft’s Irish offshore wind project, North Irish Sea Array and the future of renewable energy in Ireland. Hosted on Acast. See acast.com/privacy for more information.
3/23/2022 • 54 minutes, 37 seconds
Rising interest rates / Further challenges for Irish aircraft lessors
This week, ICS Mortgages increased its fixed interest rates for owner-occupier loans with immediate effect. Ciaran Hancock speaks to Joe Brennan of The Irish Times about this development and whether other lenders might follow suit. Later on, Simon Carswell joins Ciaran again, to discuss the latest headaches for Irish aircraft lessors after the Kremlin passed a law re-registering foreign-owned aircraft in Russia. Hosted on Acast. See acast.com/privacy for more information.
3/16/2022 • 32 minutes, 39 seconds
Two weeks of war: soaring energy prices and the “corporate cancellation of Russia”
Nearly two weeks into the Russian invasion of Ukraine, Cliff Taylor and Mark Paul of The Irish Times take a look at the impact of the war on the global economy. They speak to Ciaran Hancock about rising energy costs and the implications for Irish consumers and businesses. They also speak about the growing list of firms withdrawing from the Russian market. Hosted on Acast. See acast.com/privacy for more information.
3/9/2022 • 31 minutes, 52 seconds
The ripple effect of Russian sanctions
Russia’s invasion of Ukraine has thrown global markets into turmoil and seen a spike in the price of oil and gas. Cliff Taylor explains what impact the conflict will have on the global economy and how it will be felt in Ireland. Ciarán is also joined by The Irish Times public affairs editor Simon Carswell, who outlines how EU sanctions on Russia are causing problems for aircraft lessors based in Ireland.In the second part of the show: Veteran entrepreneur and whiskey maker John Teeling on how exposed the Irish whiskey sector is to the sanctions on Russia.Presenter: Ciarán HancockProduced by Jennifer Ryanwww.irishtimes.com/podcasts Hosted on Acast. See acast.com/privacy for more information.
3/2/2022 • 35 minutes, 46 seconds
How to achieve the electric vehicle target / Dublin’s struggling hotel sector
The Government’s target to have almost one million electric vehicles on the road by 2030 will be “a huge challenge” according to a new report by economist Jim Power and engineering consultancy firm, Arup. So what needs to be done to decarbonise public, private and commercial transport and what will it mean for exchequer revenues? Power joins Ciaran Hancock to go through the findings. Also, with news this week that the newly built Holiday Inn in Dublin is to close after just seven months of trading to become an asylum center, Irish Times Business affairs correspondent Mark Paul and General Manager of Buswells Hotel Paul Gallagher speak to Ciaran about the post pandemic recovery for Dublin’s hotel sector. Hosted on Acast. See acast.com/privacy for more information.
2/23/2022 • 43 minutes, 40 seconds
Dublin Port: to move or not to move / Dublin's build-to-rent problem
Should Dublin Port relocate? Yes, according to a submission made to Dublin City Council by a group called the Docklands Business Forum, as the council prepares its development plan for the city for the next six years. But the idea also has many detractors, not least Dublin Port Company which plans to grow its operations where it is. Alan Robinson is CEO of the Docklands Business Forum and he joins Ciaran and Current Affairs editor Arthur Beesley to explain why he thinks the port would be better off elsewhere. Ciaran is also joined by Dublin editor Olivia Kelly to look at why Dublin City Council wants to block the construction of "build-to-rent" apartments in the city, and how it is running into problems in its efforts to do so. Hosted on Acast. See acast.com/privacy for more information.
2/16/2022 • 31 minutes, 21 seconds
Difficult decisions facing Government over cost of living crisis
In this episode Ciarán Hancock speaks to Cliff Taylor of The Irish Times and Eddie Casey, Chief Economist at the Irish Fiscal Advisory Council about the cost of living crisis and the difficult decisions facing the Government when it comes to issues such as the raising the pension age and increasing carbon tax. Hosted on Acast. See acast.com/privacy for more information.
2/9/2022 • 37 minutes, 19 seconds
Was Revolut put off by Irish red tape? Wayflyer joins the unicorns
Today Ciaran talks to Charlie Taylor and Joe Brennan about two big stories: online bank Revolut's decision not to use an Irish license to get into the lending business here, and Irish startup Wayflyer joining the ranks of home-grown firms valued at €1 billion, or "unicorns". Hosted on Acast. See acast.com/privacy for more information.
2/2/2022 • 24 minutes, 11 seconds
What's driving Ireland's economic growth?
As the Irish economy begins to shrug off the effects of the pandemic and consumer spending returns to more normal levels, the Central Bank says it expects up to 167,000 new jobs to be created in the next two years. But, it has also warned that higher levels of inflation linked to surging energy prices will persist in the short term. Today, Ciarán talks to chief economist at Goodbody, Dermot O’Leary, and Irish Times economics correspondent, Eoin Burke-Kennedy, about what’s driving Ireland’s economic growth and what could scupper it.www.irishtimes.com/podcasts Hosted on Acast. See acast.com/privacy for more information.
1/26/2022 • 35 minutes, 32 seconds
Interview: Dilosk chief executive Fergal McGrath
In 2013 Fergal McGrath, alongside his physicist brother Oran, co-founded Dilosk, a non-bank lender that offers mortgages in Ireland under the ICS brand. Today, he talks to Ciarán about Ireland's mortgage market and Dilosk's place in it. They also discuss the likelihood of an interest rate increase this year amid a spike in inflation and the prospects for house prices in 2022. He also gives his view on the income limits in the Central Bank's mortgage rules and why they could be loosened, and predicts what Irish banking might look like in a decade's time. Hosted on Acast. See acast.com/privacy for more information.
1/19/2022 • 28 minutes, 5 seconds
“Right place, right time, right product” - Buymie CEO Devan Hughes
Since launching in 2016, the Buymie grocery app has seen its business expand across five cities in two countries, with 13 per cent of Dublin households using it on a regular basis. The same day grocery delivery service, which has 70 full-time employees and 350 personal shoppers on its roster, has been recognised by Deloitte as one of Ireland’s fastest growing tech companies. Chief executive and co-founder Devan Hughes talks to Ciarán about how the service works, why the pandemic has been good for business and what the company’s expansion plans look like. Hosted on Acast. See acast.com/privacy for more information.
1/12/2022 • 33 minutes, 12 seconds
Mortgage lending surpasses Celtic Tiger era / minimum alcohol pricing
Economist Conall Mac Coille and business journalist Eoin Burke-Kennedy join Ciaran Hancock to discuss the latest housing market assessment from property website MyHome.ie and stockbrokers Davy. Later on, Ciaran speaks to Vincent Jennings, Chief Executive Officer at CSNA (Convenience Stores and Newsagents Association) about the new alcohol price controls which came into effect this week. Hosted on Acast. See acast.com/privacy for more information.
1/5/2022 • 32 minutes, 1 second
What’s in store for business in 2022?
As we approach the end of a second year of the pandemic, Ciarán talks to Ibec chief Danny McCoy, Vulcan Consulting founder and CEO Lucinda Creighton and Michelin-starred Galway restaurateur JP McMahon about the outlook for business and the Irish economy in 2022. Hosted on Acast. See acast.com/privacy for more information.
12/29/2021 • 56 minutes, 48 seconds
The biggest business stories of 2021
This year in business saw a crisis at the stockbroking firm Davy, big exits from the banking sector, Denis O’Brien’s sale of Communicorp and major moves against Ireland’s corporate tax rate at a global level. In today’s episode, Ciarán talks to Joe Brennan, Cliff Taylor, Laura Slattery and Mark Paul about some of the biggest stories they covered in 2021. Hosted on Acast. See acast.com/privacy for more information.
12/22/2021 • 52 minutes, 9 seconds
Would build-to-rent limits end apartment building in Dublin?
A draft of Dublin City Council’s new development plan includes a proposal to limit the number of rental units in any new apartment schemes to 40%. Director of property developer Twinlite, Rick Larkin, says the impact of this will freeze future apartment developments in Dublin and mean renters and first time buyers will have fewer options and higher costs. Dublin City Councillor Dermot Lacey has rejected this notion. In this episode, Ciarán hears them both out. Hosted on Acast. See acast.com/privacy for more information.
12/16/2021 • 54 minutes, 55 seconds
Interview: Glenveagh Properties CEO Stephen Garvey
Glenveagh Properties chief executive Stephen Garvey shares his views on the Government’s housing policy, central bank mortgage rules and why he believes the cost of retrofitting homes will be far higher than has been touted. The developer also talks to Ciarán about his career starting out in his father's construction firm, how the sector has changed since then and what he thinks needs to be done to meet the target of 35,000 units per year, which is cited as the magic number to meet demand. Hosted on Acast. See acast.com/privacy for more information.
12/8/2021 • 1 hour, 3 minutes, 19 seconds
Is there any safe way to tackle inflation?
Prices are rising for businesses and consumers. But what will central banks do in response to the surging rate of inflation?Economics correspondent Eoin Burke-Kennedy explains why concerns about inflation are mounting across the euro zone and elsewhere.Then technology reporter Ciara O’Brien tells us about the departure of Twitter chief executive Jack Dorsey and what it means for the future of the social media company. Hosted on Acast. See acast.com/privacy for more information.
12/1/2021 • 31 minutes, 30 seconds
Business class weathers the pandemic / pension auto-enrolment
Predictions of a Covid-induced slowdown that was expected to wreak havoc on the economics of business travel are not, say the aviation industry, being borne out. Emirates country-manager for Ireland, Enda Corneille, talks to Ciarán about how the airline has weathered the pandemic, the company’s carbon credentials and Emirates’ plans for its Dublin-Dubai route.Plus: Cliff Taylor on the SSIA-style top-up from the State that is being proposed as part of a pensions auto-enrolment system currently being designed by the Government. Hosted on Acast. See acast.com/privacy for more information.
11/24/2021 • 36 minutes, 50 seconds
The pendulum swings down for insurance costs - but for how long?
Irish motor insurers last year enjoyed their highest level of profitability since at least 2009, as the level of road accidents and claims declined during Covid-19 restrictions, according to a Central Bank of Ireland report.On today's podcast Ciarán Hancock talks to markets correspondent Joe Brennan about the health of Ireland's insurance industry. He also talks to Conor Faughnan, who in his former role as director of consumer affairs for AA Ireland became well known to a generation of Irish motorists. They discuss premiums, claims and profits in the industry that some say are excessive. Hosted on Acast. See acast.com/privacy for more information.
11/17/2021 • 37 minutes, 21 seconds
Seán FitzPatrick's legacy / The real aviation climate villains
Simon Carswell talks to Ciarán about Seán FitzPatrick, the former banker who died this week. FitzPatrick oversaw the rise of Anglo Irish Bank, from a small Dublin lender into Ireland’s third largest bank, before the financial crisis and property crash brought down the bank.Plus: Eoin Burke-Kennedy on who the biggest polluters in aviation are and how they avoid the harshest penalties. Hosted on Acast. See acast.com/privacy for more information.
11/10/2021 • 28 minutes, 8 seconds
What's happening at Web Summit? / Janet Yellen visits Dublin
Charlie Taylor reports from Web Summit in Lisbon where conference founder and CEO Paddy Cosgrave made some waves in his opening address, referencing the investigation of Tanaiste Leo Varadkar's leak of confidential documents in front of a global audience. But how did it go down with the assembled tech elite? And what else is happening at Web Summit? Plus, Eoin Burke-Kennedy on the latest strong exchequer figures and on US Treasury Secretary Janet Yellen's visit to Dublin where she talked about moves to set a minimum global corporate tax rate, but didn't ruffle any feathers over Ireland's controversial role in international tax avoidance. Hosted on Acast. See acast.com/privacy for more information.
11/3/2021 • 26 minutes, 7 seconds
Will Ireland be able to meet the recommended carbon budgets?
This week, the Climate Change Advisory Council unveiled its recommendations for two, five-year carbon budgets aimed at reducing the State’s carbon emissions by 51 per cent by 2030. But are these targets feasible? Despite the Covid lockdown last year, carbon emissions fell by only 3.6% in Ireland, casting doubt on Ireland’s ability to meet the upcoming climate objectives. Joining Ciaran Hancock to discuss the enormity of the task ahead for business, industry and individuals is Cliff Taylor and Kevin O’Sullivan of the Irish Times. Hosted on Acast. See acast.com/privacy for more information.
10/27/2021 • 32 minutes, 6 seconds
"Turbo-charging the affordable housing sector" - Land Development Agency CEO John Coleman
Under the Government's recently published 'Housing For All' plan, the Land Development Agency has a big role to play in delivering badly-needed affordable housing in Ireland. Ciaran talks to the LDA's chief executive John Coleman about the details of how the agency plans to fulfil that ambition. Hosted on Acast. See acast.com/privacy for more information.
10/20/2021 • 57 minutes, 55 seconds
Budget 2022: Exchequer turnaround allows lots of spending & tax breaks, but disappointment for some
Cliff Taylor, Mark Paul, Jennifer Bray and Kevin McLoughlin, head of tax at EY Ireland, join Ciaran to discuss the measures announced in Budget 2022. Hosted on Acast. See acast.com/privacy for more information.
10/12/2021 • 36 minutes, 25 seconds
“In the future we are probably going to sell a mosaic of energies” - Maxol's Brian Donaldson
Last year, Maxol service station celebrated its 100th year in business, making it the oldest family run oil company in Ireland. As they prepare for their next 100 years in operation, the company have undertaken a major revamp of their forecourt network and convenience shops. In today’s episode, Ciaran Hancock takes a trip out to their flagship outlet in Bray to speak with Maxol’s Chief Executive Brian Donaldson and to Director and family shareholder Noel McMullan. They speak about the impact of the pandemic on fuel sales, the future of cars and travel and how their business model can align itself with climate change targets set by the government. Hosted on Acast. See acast.com/privacy for more information.
10/6/2021 • 32 minutes, 49 seconds
UK fuel crisis / Banking pay cap
Ciarán talks to The Irish Times London editor Denis Staunton about the extraordinary scenes at fuel stations across the UK this week, with supplies running out due, in part, to a shortage of lorry drivers. We also hear from London-based Irish business owner Ross Hynes about how the fuel crisis has impacted his operations. Plus: Joe Brennan on the renewed spotlight on the banking pay cap, as Bank of Ireland CFO Myles O'Grady quits for food a role at wholesaler and retailer Musgraves. Hosted on Acast. See acast.com/privacy for more information.
9/29/2021 • 26 minutes, 7 seconds
The Great Resignation / Room to move on Ireland’s corporate tax rate?
As staff begin to return to the workplace this week, Ciarán hears about new research being carried out at the University of Limerick exploring attitudes to work, including the so-called “Great Resignation” sparked by the pandemic. Dr Sarah Kieran and the Work Futures Lab team at the Kemmy Business School are behind the research and aim to publish a full report in the coming months.Plus: With the pressure on to fall into line with the OECD, the language Irish politicians are using about the 12.5% corporate tax rate has shifted. Is the way being cleared for a change in Ireland’s corporation tax regime? Ciarán talks to Cliff Taylor and PwC’s Feargal O’Rourke. Hosted on Acast. See acast.com/privacy for more information.
9/22/2021 • 42 minutes, 14 seconds
Budget 2022: balancing the books after a crisis
On Wednesday morning, the Irish Fiscal Advisory Council issued its pre-budget submission, saying the Government’s plans, as outlined in the Summer Economic Statement, are at the limit of what is prudent. In this episode, Cliff Taylor is joined by Ifac’s chief economist Eddie Casey and Kevin McLoughlin, head of tax at EY Ireland, to discuss what’s likely to be included in next month’s budget package and the role tax might play in balancing the books. They also discuss OECD global tax reform and the impact it will have on this country. Hosted on Acast. See acast.com/privacy for more information.
9/15/2021 • 31 minutes, 24 seconds
TV executive Pat Kiely on teaming with Fox to put Irish talent on screen
Former Virgin Media Television head Pat Kiely talks to Laura Slattery about his new venture BiggerStage, a television production company that has partnered with US giant Fox to create a talent show format called The Big Deal. The Irish version of The Big Deal is airing now on Virgin. Pat talks about his ambition to put more Irish talent on-screen and develop "non-scripted" formats with global appeal. Hosted on Acast. See acast.com/privacy for more information.
9/9/2021 • 39 minutes, 7 seconds
Back to the office: how will it work?
This week the Government announced further reopening plans which include a phased return to the workplace from September 20th. Joining Ciaran to discuss the working options for employees and the challenges faced by employers is Cliff Taylor of the Irish Times, Emma Scott, People Partner at PwC Ireland and Mary Connaughton, Director of CIPD Ireland Hosted on Acast. See acast.com/privacy for more information.
9/1/2021 • 37 minutes, 41 seconds
Giving elite athletes' finances a sporting chance
In this episode Ciarán talks to Ciarán Medlar and Cian O'Sullivan from professional services firm BDO, about its sports advisory unit which helps elite sports people and entertainers with their tax planning. Medlar is BDO's Partner in charge of Taxation Services and also chairman of Shamrock Rovers football club. O'Sullivan meanwhile is Director in the Private Client Tax team at BDO, but is probably better known for his GAA career as an All Ireland winning Dublin footballer. Hosted on Acast. See acast.com/privacy for more information.
8/25/2021 • 41 minutes, 29 seconds
Live events industry in limbo / North-south trade soars
It's one of the last industries to remain almost totally shuttered by the pandemic. But those working in live music are still waiting to see a plan for the reopening of the sector, even as thousands attend concerts taking place in Northern Ireland and further afield. Promoters here are begging Minister for Culture Catherine Martin to announce a roadmap for live music to return. Shane Dunne, a concert promoter and festival organiser, returns to the podcast to tell Ciaran about the plight of the live music industry and how there may not be much of an infrastructure for live events left when we need it.The latest trade figures from the Central Statistics Office highlight the disruption brought about by Brexit at the beginning of the year.Imports from Britain fell by 32 per cent or €2.5 billion in the first six months of this year, according to the data published on Monday.Meanwhile, the level of imports from Northern Ireland rose by €776 million, indicating that Irish buyers and British suppliers are increasingly using the North as a means of getting goods into the Republic.Ciaran talks to Stephen Kelly of Manufacturers Northern Ireland about the significance of the figures and whether the controversial Northern Ireland protocol is bedding in. Hosted on Acast. See acast.com/privacy for more information.
8/18/2021 • 32 minutes, 19 seconds
Are sky-high rents here to stay?
Why are rents rising by double-digit figures in rural Ireland? That figure, revealed in a daft.ie report released this week, reflects an “unprecedented scarcity” of homes to rent across the country, according to the report's authors. But is there more to it than a lack of supply?With rents in Dublin often reaching €2000 per month, is affordable rent likely to come even with increased supply? And why are landlords exiting the rental market? Ciaran talks to Marian Finnegan, Chief Economist and Director of Research with Sherry Fitzgerald, and reporter Eoin Burke-Kennedy about all things housing. Hosted on Acast. See acast.com/privacy for more information.
8/11/2021 • 36 minutes, 20 seconds
“Great creativity comes out of difficult times” - Fiona Dawson on her retirement from Mars Food
Fiona Dawson joined the Mars Graduate Scheme in 1988 straight from Trinity College in Dublin. Since then, she has worked her way through various management and leadership positions before taking on her final role as Global President of Mars Food, Multisales and Global Customers. This month, after more than three decades with the company, Dawson has taken early retirement at just 55 years of age and is looking forward to the next chapter. In this episode, Dawson speaks to Ciaran Hancock about her career progression within Mars, what makes a good leader and how she dealt with the challenges and crises that came along the way. Hosted on Acast. See acast.com/privacy for more information.
8/4/2021 • 43 minutes, 10 seconds
"We need to woo airlines back into Ireland" - DAA's Dalton Philips on aviation after Covid
In a post-pandemic world and with climate on the agenda, will Dublin Airport ever again reach the heights of the 33 million passengers that passed through it back in 2019? Dublin Airport Authority CEO Dalton Philips returns to the podcast to tell Ciaran how the industry is faring as passenger volumes begin to increase after a disruptive 18 months. Dalton says he is confident in the recovery of passenger numbers, but warns of the impact of changing travel patterns and calls for ministers and state agencies to push for the return of global airlines to Ireland.Produced in association with EY. Hosted on Acast. See acast.com/privacy for more information.
7/28/2021 • 33 minutes, 32 seconds
The return of non-essential international travel
This week, restrictions on non-essential international travel have eased, bringing new hope to the aviation and tourism industries. Those who are fully vaccinated, have recovered from Covid-19 in the last six months, or who present a negative Covid-19 test can now travel more freely within the European Union, as well as to Iceland, Liechtenstein, Norway, and Switzerland. Ciaran Hancock is joined by Irish Times reporter Barry O’Halloran and CEO of ITIC Eoghan O’Mara Walsh to discuss what this means for the hospitality and travel sectors, how the digital Covid certificate scheme will work and the future of transatlantic connectivity. Hosted on Acast. See acast.com/privacy for more information.
7/21/2021 • 25 minutes, 54 seconds
The EU's sweeping climate change plan / "Scared and stressed" over-60s in mortgage arrears
Today the European Union revealed the details of its “Fit for 55”, a package of toughened climate laws designed to help hit the target of reducing emissions by 55% by 2030. But what does it contain, does it go far enough to hit the target, and what will it mean for business and consumers? Environment editor Kevin O Sullivan and Europe correspondent Naomi O’Leary report. A Central Bank paper on long-term debt has revealed that over-60s make up a quarter of all those in mortgage arrears. This vulnerable group, often with limited ability to escape debt due to their age, should be offered new ways to manage their debt, says the bank. Markets correspondent Joe Brennan explains what the Central Bank has said, and Rachel McGovern, Director of Financial Service for Mortgage Brokers Ireland, says our approach to those in arrears has stored up problems and needs a rethink. Hosted on Acast. See acast.com/privacy for more information.
7/14/2021 • 31 minutes, 17 seconds
France urge Ireland to reconsider tax rate
In a letter to The Irish Times, Clément Beaune, the French minister for European affairs, has appealed to the Irish people to reconsider their opposition to a global minimum corporate tax rate. This plea followed on from Ireland’s rejection of a draft agreement on international tax reform from the OECD. Cliff Taylor and Lara Marlowe join Ciaran to discuss the debate around corporate tax. Plus, Eoin Burke Kennedy on the flawed Irish housing market. Hosted on Acast. See acast.com/privacy for more information.
7/7/2021 • 32 minutes, 28 seconds
Can indoor dining resume this summer?
Now that the Government has postponed the resumption of indoor dining, the hospitality sector faces an uncertain summer. In this episode, Ciarán talks to Galway restaurateur and owner of the Michelin starred Aniar restaurant, JP McMahon, about what the delay will mean for his business now and into the future. They’re joined by The Irish Times business affairs correspondent Mark Paul. Hosted on Acast. See acast.com/privacy for more information.
6/30/2021 • 35 minutes, 55 seconds
How realistic are the post-Covid spending plans? / Northern Ireland trade
Cliff Taylor of the Irish Times and Sebastian Barnes, Chair of the Independent Fiscal Advisory Council join Ciaran Hancock to discuss the ambitious spending proposals made by Tánaiste Leo Varadkar at the Fine Gael Ard Fheis last week, including the planned building of 40,000 houses per year and retaining current levels of health spend. But where will the money come from and how realistic are the budgetary plans? Later on, Stephen Kelly of Manufacturers NI joins Ciaran and Cliff to talk about the accelerated trade between the Republic and Northern Ireland as a result of Brexit and the thorny issues surrounding the Protocol. Hosted on Acast. See acast.com/privacy for more information.
6/23/2021 • 46 minutes, 46 seconds
Stobart Air closure: what's next for the aviation sector?
Cliff Taylor talks to Irish Times business reporter Barry O’Halloran and director of Shannon Chamber and former CEO of Shannon Development Kevin Thompstone about the closure of Stobart Air and the outlook for Irish aviation and regional connectivity. Thompstone also details the business case put forward to Government, which sets out the urgent need for a multi-annual, fully funded regional air access recovery and growth action plan for the struggling sector. Hosted on Acast. See acast.com/privacy for more information.
6/16/2021 • 27 minutes, 29 seconds
G7 tax deal: what was agreed and what does it mean for Ireland?
The decision by G7 finance ministers last weekend to back a major package of global corporate tax reform is significant, making agreement at the OECD on this issue look likely. It will also pose significant questions for Ireland, particularly in relation to the agreed 15% global corporate tax rate. Laura Slattery talks to Cliff Taylor about how such a move would affect Ireland's ability to attract investment in the future. Plus: Irish Times Europe correspondent Naomi O'Leary on the reaction of EU leaders to the G7 agreement. Hosted on Acast. See acast.com/privacy for more information.
6/9/2021 • 24 minutes, 40 seconds
Restaurants struggle to recruit staff / Does the pandemic recovery plan go far enough?
Sinead Lambert, owner of Sol Rio restaurant in Westport, Co. Mayo, joins Ciaran to discuss her reopening plans for the summer ahead and the mysterious shortage of staff for key positions in the hospitality trade. Plus: Cliff Taylor on the Government's €3.5bn stimulus plan and reforms of the Local Property Tax. Hosted on Acast. See acast.com/privacy for more information.
6/2/2021 • 44 minutes, 10 seconds
Hotels and restaurants ready to reopen
Ciaran talks to Fáilte Ireland CEO Paul Kelly and to president of the Irish Hotels Federation and director of Fitzgeralds Woodlands House Hotel and Spa in Adare Co. Limerick, Elaina Fitzgerald Kane, about the next round of reopening the country's tourism sector from 2nd June, when hotels can welcome guests once again. Hosted on Acast. See acast.com/privacy for more information.
5/26/2021 • 44 minutes, 9 seconds
Ransomware: how big is the threat to Irish companies?
The true scale of the ransomware attack on the HSE by the cybercriminals known as Wizard Spider is not yet clear, but the task of rebuilding the executive's computer systems is likely to take weeks. In today's podcast, Ciarán talks to Conor Scolard, technical director of Ekco Ireland, about how exposed Irish companies are to such attacks and what can be done to militate against them. Also in this episode, The Irish Times technology reporter Ciara O'Brien has the latest on the HSE cyberattack. Hosted on Acast. See acast.com/privacy for more information.
5/19/2021 • 30 minutes, 35 seconds
Climate action: why business as usual won’t work
Bold action is needed by governments, business and investors around the world in order to tackle climate change. On today’s show we look at some of the big challenges to this, ahead of the Dublin Climate Dialogues conference next week. The initiative brings together big names including United States Special Presidential Envoy for Climate John Kerry, climate activist Mary Robinson and Dr Fatih Birol, Executive Director of the International Energy Agency, to forge an agreement to move beyond ambition and enact meaningful commitments to achieve a transition to net-zero global emissions by 2050 at the critical UN COP26 in November. Cliff Taylor talks to former president of the European Parliament Pat Cox, who is chair of the Dublin Climate Dialogues, and Mike Hayes, Global Lead on Renewables and Decarbonisation at KPMG. Hosted on Acast. See acast.com/privacy for more information.
5/12/2021 • 29 minutes, 35 seconds
What is the potential economic cost of a united Ireland?
Eoin Burke Kennedy from the Irish Times and DCU Professor John Doyle join Ciaran Hancock to discuss the potential economic impact of Irish reunification. Hosted on Acast. See acast.com/privacy for more information.
5/5/2021 • 30 minutes, 44 seconds
Joe Walsh Tours closure / The changing mortgage market
After more than sixty years in business, Irish travel agent Joe Walsh Tours has announced it has ceased trading. The well known tour operator cited Ireland’s strict travel restrictions as one of the main reasons behind the closure. Irish Times Consumer Affairs correspondent Conor Pope and CEO of Irish Travel Agents Association Pat Dawson join Ciaran Hancock to discuss the uncertain future for tour operators and travel agents and their expectations for overseas travel in 2021. Later, Consumer advocate and founder of Askaboutmoney.com Brendan Burgess speaks to Ciaran about the imminent exit of KBC and Ulster Bank from the mortgage market and the impact this may have on competition and mortgage rates. Hosted on Acast. See acast.com/privacy for more information.
4/28/2021 • 37 minutes, 53 seconds
Super League shambles and the future of European football
On Sunday, twelve of Europe’s biggest football clubs announced plans to form a breakaway Super League, drawing an onslaught of criticism from fans, players and regulators alike. Less than seventy two hours later, their grand plan had collapsed, with six English clubs bowing out of the proposal. So what are the core problems at the heart of European football which led to this shock move and how can the model be adjusted to better serve the sport? Ken Early of The Irish Times and Second Captains and Andrew Doyle, owner of Shelbourne Football Club, join Ciaran Hancock to discuss. Hosted on Acast. See acast.com/privacy for more information.
4/21/2021 • 43 minutes, 11 seconds
Interview: Hotelier John Fitzpatrick on the reopening of NYC
In today’s episode Ciaran Hancock is joined by hotelier John Fitzpatrick, owner of the Fitzpatrick Hotel Group in New York City. Later this month, the Fitzpatrick Manhattan will reopen following over twelve months of closure. In today's episode we hear about the reopening plans, the impact of Covid-19 on the hotel business and Fitzpatrick's thoughts on the Irish mandatory hotel quarantine system. Hosted on Acast. See acast.com/privacy for more information.
4/14/2021 • 26 minutes, 56 seconds
Contradictory exchequer numbers paint a messy picture of Ireland's pandemic economy
Minister for Finance Paschal Donohoe says better-than-expected exchequer returns show our economic "resilience", but do the numbers hide deeper scars? Cliff Taylor joins Ciaran to look at the latest set of economic figures showing Ireland's tax, spending and unemployment in the pandemic-stricken Q1 of 2021. Plus, Barry O'Halloran looks at Ryanair's passenger numbers for the same period of time and assesses the health of our aviation sector. Hosted on Acast. See acast.com/privacy for more information.
4/7/2021 • 30 minutes, 22 seconds
The long goodbye to lockdown
This week the Government revealed its plan for the phased reopening the economy from April 12th onwards. On today’s show, Ciaran is joined by Ibec chief executive Danny McCoy and Cliff Taylor of The Irish Times to discuss what will it mean for Irish business and the wider economy. Is the timeline for reopening too sluggish? And, with the pace of the vaccine rollout ramping up, when might the Government begin withdrawing the financial supports currently propping up so many parts of the Irish economy? Hosted on Acast. See acast.com/privacy for more information.
3/31/2021 • 40 minutes, 1 second
Interview: Mark Carney, economist, banker and author of Value(s)
Value(s) is the new book by economist and former governor of the Bank of England Mark Carney. It’s an exploration into the ways in which economic and social values have become blurred and the radical change that is needed to build a better world for all. Recently, Irish Times columnist Chris Johns sat down with the Canadian banker for a wide ranging discussion on reshaping societal values, his involvement with online payment firm Stripe and his proud Irish heritage. Today we bring you that interview. Hosted on Acast. See acast.com/privacy for more information.
3/24/2021 • 40 minutes, 43 seconds
The pandemic economy one year on; a fair deal for tenants in George's Street Arcade
It's a year since the Irish economy first shut down. Parts of it have scarcely reopened since. For an update on how the pandemic is affecting the overall economy, Ciaran talks to Mark Paul of The Irish Times and economist Jim Power. In the retail sector, many businesses are carrying significant rent arrears from periods of lockdown. Some of them may never be able to pay those arrears back. But the shopkeepers and stall-holders of George's Street Arcade in Dublin won't face this problem, because their landlord has suspended rents throughout the periods of lockdown. We hear from Gwen Layden of Layden Group, the family company that owns the Arcade, about why she has taken this approach, how much it has cost her family and why she says all commercial tenants should be treated in this way. Hosted on Acast. See acast.com/privacy for more information.
3/17/2021 • 43 minutes, 32 seconds
What went wrong at Davy? With Niamh Brennan and Joe Brennan
We look at the extraordinary events of the past week at Ireland's biggest stockbroker Davy, with help from reporter Joe Brennan and Professor Niamh Brennan, an expert on corporate governance. Davy was fined €4.1 million for conducting a bond deal in which 16 of its own employees, including senior executives, were the buyers, a fact unbeknownst to the seller. How could such a breach occur and what comes next for the company? Hosted on Acast. See acast.com/privacy for more information.
3/10/2021 • 30 minutes, 52 seconds
Dublin Bus CEO Ray Coyne on the future of transport in the city
With such reduced passenger numbers, how has Dublin Bus adapted and survived in the age of Covid-19? And what does the future hold?To find out, Ciaran went to the semi-state transport company's newly refurbished Broadstone depot to meet CEO Ray Coyne. They talked about the future of transport in Dublin, how technology will allow bus routes to become more flexible, the electrification of the fleet, and how Dublin Bus may diversify into "last mile" transport solutions such as e-scooters. Hosted on Acast. See acast.com/privacy for more information.
3/5/2021 • 47 minutes, 59 seconds
Interview: Rick Larkin Executive Director at Twinlite
Twinlite describes itself as the best property company in Dublin. A family run business, their property portfolio consists of housing and apartment developments in Dalkey, Clongriffin and Stepaside. In today’s episode, Ciaran Hancock sits down with Executive Director at Twinlite, Rick Larkin, for a wide ranging discussion on the Irish housing market. Larkin speaks about the impact of lockdown restrictions on construction, the economics of building apartments and the future of housing design. Hosted on Acast. See acast.com/privacy for more information.
2/24/2021 • 43 minutes, 20 seconds
Retail rent pressure / Ulster Bank: will it stay or will it go?
After almost a year in an out of lockdown, many retailers have seen their premises shuttered for vast majority of the last 52 weeks. A good deal of them have managed to strike rent agreements with their landlords, but some are refusing to make concessions for the pandemic. Ciarán talks to Michael Callaghan, head of commercial finance at Carraig Donn, about how they've been handling the issue with their 42 landlords across the country and the future of the retail sector after coronavirus. They're joined by Mark Paul, The Irish Times business affairs correspondent. Plus: We could find out this week if Ulster Bank is to exit the Irish market, when its UK parent company NatWest publishes full-year results on Friday morning. Joe Brennan has the background on what’s led to this moment and the impact a wind up of the bank would have here. Hosted on Acast. See acast.com/privacy for more information.
2/17/2021 • 43 minutes, 42 seconds
Dublin rents dip, tax headaches for remote workers
On this week's podcast we look at how Covid-19 has created a series of complications for the many companies based in Ireland with large numbers of employees from other countries. What are the tax implications for foreign workers employed here who, having been sent home from the office, decided to return to their home countries temporarily? Ciaran asks reporter Colm Keena and Daryl Hanberry, tax partner with Deloitte. Plus: Trinity College Dublin economist Ronan Lyons on his recent report for property website Daft that shows residential rents in Dublin have dipped by 3% in the past year while continuing to rise elsewhere. Ronan explains what is behind these trends and what lies ahead for our dysfunctional housing market.This podcast is sponsored by Davy. Hosted on Acast. See acast.com/privacy for more information.
2/10/2021 • 43 minutes, 17 seconds
Construction sector shutdown / Innovation Awards Winner
Galway-based company HidraMed Solutions has won the Irish Times Innovation of the Year award for 2020 for developing a novel dressing system aimed at those suffering from the incurable skin disease, Hidradenitis Suppurativa. In today’s episode, HidraMed founder Suzanne Maloney joins Ciaran Hancock to speak about the company’s origins, products and plans for expansion. But first, Ciaran is joined by Irish Times business journalist Eoin Burke Kennedy and by James Benson, Director of the Irish Home Builders Association to discuss the impact ongoing lockdowns are having on the construction sector. The IHBA has estimated that the supply of new homes could be reduced by 8,000 this year as a result of the current stoppage, so what will this mean for the already squeezed housing market if the lockdown is extended beyond March? Hosted on Acast. See acast.com/privacy for more information.
2/3/2021 • 42 minutes, 11 seconds
When will tourism take off again?
After a devastating 2020, it was hoped that the tourism sector could be restarted in the second quarter of 2021. With the extension of Level 5 restrictions to March 5th and new mandatory quarantine travel rules, that now looks unlikely. Just when, and how, will tourism - domestic and overseas - get its post-Covid reboot? Ciaran talks to Dublin travel agent John Galligan, hotelier and president of the Irish Hotels Federation, Elaina Fitzgerald Kane and Irish Times business journalist Mark Paul. Hosted on Acast. See acast.com/privacy for more information.
1/27/2021 • 51 minutes, 48 seconds
Business of sport: two leaders on the Covid challenge ahead
Olympic Federation of Ireland president and Swim Ireland CEO Sarah Keane and GAA director of communications Alan Milton join Ciaran Hanacok and Michael O'Keeffe to talk about the challenges and opportunities for sport in Ireland in 2021. But first, Michael has some research on the disruption created by Covid-19. Hosted on Acast. See acast.com/privacy for more information.
1/20/2021 • 42 minutes, 15 seconds
Irish banks go after Revolut / Pandemic TV
A group of Irish banks is seeking to set up an instantaneous money-transfer mobile app to take on the likes of Revolut and N26. Synch Payments, a joint venture between AIB, Bank of Ireland, Permanent TSB and KBC, is awaiting approval from the Competition and Consumer Protection Commission. In today's podcast, Ciaran is joined by Irish Times markets correspondent Joe Brennan and Hesus Inoma, associate director at Grant Thornton's Financial Services Advisory practice, to discuss the move.Later, Laura Slattery on the growth of television viewing in 2020, driven in part by pandemic lockdown restrictions. Hosted on Acast. See acast.com/privacy for more information.
1/13/2021 • 38 minutes, 28 seconds
“We are a company that has helped keep Ireland open” - An Post’s David McRedmond
In December 2020, An Post delivered a staggering 14 million parcels. This figure comes in at more than double the amount handled by the company in the same period last year. The pandemic and subsequent lockdown have resulted in phenomenal e-commerce growth for the business, with most consumers doing their shopping online.In today’s episode, CEO of An Post David McRedmond sits down with host Ciaran Hancock to discuss the company's overall performance in 2020, the multi-million euro investment plans which include the relocation of An Post’s headquarters from the GPO in Dublin and the impact Brexit is having on parcels coming in from the UK. Hosted on Acast. See acast.com/privacy for more information.
1/6/2021 • 41 minutes, 8 seconds
Looking ahead to 2021 with Danny McCoy, Anne Graham and Mark Paul
Ciarán is joined by a panel of guests to look ahead to 2021 and the major challenges facing Irish businesses and the economy. On the panel are Danny McCoy, CEO of business representative group Ibec, Anne Graham, CEO of the National Transport Authority, and Mark Paul, business affairs correspondent with The Irish TimesDanny tells Ciarán what Brexit really means for Ireland in 2021, Anne explains the investment programme planned for public transport and Mark talks about what the State can do to help reboot our ailing aviation and tourism sectors. Hosted on Acast. See acast.com/privacy for more information.
12/30/2020 • 43 minutes, 25 seconds
Widespread vaccination achievable by "late autumn", says Taoiseach Micheál Martin
Taoiseach Micheál Martin says widespread vaccination against Covid-19 is possible by "late autumn". In this podcast he talks to Ciaran Hancock about the vaccine rollout plan, how the Government will extend supports to businesses and employees beyond the current expiration date of those schemes, the likelihood of a Brexit deal and much more. To all our listeners, we wish you a happy and safe Christmas. Thanks to our sponsor Davy for its support throughout 2020. Hosted on Acast. See acast.com/privacy for more information.
12/22/2020 • 49 minutes, 30 seconds
The future of flying - with DAA chief executive Dalton Philips
This week Ciarán speaks to Dalton Philips, chief executive of daa, which owns and runs Dublin and Cork airports, as well as the travel retail business Aer Rianta International.In this wide-ranging interview, he tells us that passenger numbers at Dublin Airport are down by 90% and are unlikely to get back to pre-pandemic levels until 2024.The situation at Cork Airport is even worse. Before Covid-19 hit it was the fastest growing airport in the country. Now, on some days, there isn’t a single flight in or out.Philips talks to Ciaran about the drastic measures that daa has had to take in order to prevent the business from going bust, what next year looks like with a vaccine on the horizon and the future of the aviation industry. Hosted on Acast. See acast.com/privacy for more information.
12/16/2020 • 36 minutes, 8 seconds
Reopening after lockdown, again / Brexit crunch time
After six weeks of lockdown many shops and restaurants were finally able to reopen last week. How has it been so far? Ciarán is joined by Elaine Murphy, founder director of The Winding Stair Group of restaurants, and Jean McCabe, owner of the Willow boutique in Ennis Co Clare and deputy chair of Retail Excellence Ireland, to discuss their experiences of resuming trade, how they’ve fared in the pandemic and their hopes for 2021.Later, Cliff Taylor has the latest on the Brexit trade deal negotiations. Hosted on Acast. See acast.com/privacy for more information.
12/9/2020 • 37 minutes, 37 seconds
Where did it all go wrong for Topshop?
Arcadia Group, the retail empire belonging to British businessman Philip Green, has gone into administration. The news this week, puts over 13,000 jobs at risk and a question mark over the future of the company's fashion brands including Topshop, Topman and Dorothy Perkins.In today’s episode, Laura Slattery is joined by Dubliner Jo Farrelly, former Marketing Director of TopShop, to speak about the history of the iconic clothing store, the famous takeover by the billionaire in 2002 and her eventual departure from the company in 2007, alongside other senior members of management. Farrelly worked closely with Topshop director Jane Shepherdson to develop the strategy and vision of the brand, turning the once nicknamed ‘Flopshop’ into the coolest store on the high street. Also in today’s episode, Laura speaks to personal finance journalist Fiona Reddan about the record surge in mortgage approvals in October. With a 23% increase year on year, what does this mean for the market and is it really a good time to buy? Hosted on Acast. See acast.com/privacy for more information.
12/2/2020 • 53 minutes, 19 seconds
Is a post-Covid economic boom on the way? - with Chris Johns
Perhaps sensing we all need a bit of a lift, Irish Times columnist Chris Johns explains why he feels conditions are ripe for robust economic growth in 2021, and outlines things the government should and shouldn't do to help that become a reality.This podcast is sponsored by Davy. Hosted on Acast. See acast.com/privacy for more information.
11/25/2020 • 29 minutes, 40 seconds
Focus on pharma as vaccines offer hope for 2021 / Brexit decision time
With good news on the Covid-19 vaccine front, we look at the companies who have developed vaccines so far, what they mean for the pharma industry and what they mean for the economy. Ciaran talks to Ian Hunter, equity analyst with Canton Fitzgerald and Dominic Coyle of The Irish Times.Plus: Naomi O'Leary on Brexit talks. What are the barriers to a last-minute deal? Hosted on Acast. See acast.com/privacy for more information.
11/18/2020 • 38 minutes, 15 seconds
What Biden's win means for the global economy / Pfizer's Covid-19 vaccine
US president-elect Joe Biden is expected to restore a calmer US trade and foreign policy when he takes office in January, but after four years of Donald Trump in the White House a lot of work needs to be done to repair transatlantic relations.What impact will the Biden administration have on global trade? What will it mean for Ireland? Will it bring an end to Trump’s damaging trade wars with the EU and China? And, how will it influence Brexit?To tease out these issues, Ciarán is joined by Ibec’s director of policy and public affairs, Fergal O’Brien, and global economist and senior fellow at Harvard Kennedy School, Megan Greene.Plus: Davy’s chief investment officer, Donough Kilmurray, on this weeks’ markets rally following Biden’s election win and Pfizer’s announcement that the Covid-19 vaccine it is developing with BioNTech has been more than 90 per cent effective in late stage trials. Hosted on Acast. See acast.com/privacy for more information.
11/11/2020 • 37 minutes, 49 seconds
“At some point this terrible virus will end, we have to believe this” - Dalata’s Pat McCann
In today’s episode, Ciaran Hancock is joined by Pat McCann, Chief Executive of Dalata Hotel Group. McCann last spoke to us on the podcast back in April, as the hotel industry came to terms with the lockdown. So how have things progressed in the seven months since, as restrictions continue and an uncertain year of trading lies ahead. With an average occupancy of just 25% across the group, they discuss the impact of the current level 5 restrictions, how the group is dealing with cases of Covid and what impact a Trump or Biden win will have on the tourism industry. Hosted on Acast. See acast.com/privacy for more information.
11/4/2020 • 27 minutes, 52 seconds
Consumer sentiment falls again / How the US election will affect the stock market
Irish consumer sentiment has fallen again amid concerns of how the latest Covid-19 restrictions will impact income and employment prospects over the next 12 months. How will this play out in the run up to Christmas and how are advertisers responding to the fragile mood? Austin Hughes, chief economist of KBC Bank and Charley Stoney, CEO of the Institute of Advertising Practitioners in Ireland (IAPI) join Laura Slattery to discuss. Also on today’s episode, Proinsias O’Mahony of The Irish Times, takes a look at how the US election may impact the stock market. Hosted on Acast. See acast.com/privacy for more information.
10/28/2020 • 34 minutes, 13 seconds
Closing the shutters: Ireland moves to level 5 restrictions
From midnight tonight the entire country will move to Level 5 Covid-19 restrictions, resulting in the closure of many businesses, including all non-essential retail. In today’s episode, Cliff Taylor speaks to Arnold Dillon, Director of Retail Ireland about the impact on trading in the run up to Christmas and how the sector will survive further lockdowns. We also hear from Michael Cronin, the owner of Cronin’s menswear in Cork city centre, who will be closing his shutters this evening until the 1st of December. But first, economist and Irish Times columnist Chris Johns joins Cliff to discuss the impact of the restrictions on the wider economy. Hosted on Acast. See acast.com/privacy for more information.
10/21/2020 • 33 minutes, 49 seconds
Budget 2021: “unprecedented in size and scale”
Budget 2021 is here. A budget like no other, drawn up on the assumptions of a no-deal Brexit and another year without a Covid-19 vaccine. It was delivered today by Minister for Finance Paschal Donohue and Minister for Public Expenditure and Reform Michael McGrath. The package, worth a staggering €17.75 billion euro, is the biggest in the history of the state. In this episode, Irish Times political reporter Jennifer Bray outlines the key points of today’s budget, while Cliff Taylor and Liam Diamond, Tax Partner at PwC Ireland, join Ciaran to discuss the green measures contained within and how this level of spending will affect the state in years to come. Finally, Eoghan O’Mara Walsh, CEO of ITIC and Patricia Callan, Director of Drinks Ireland take a look at what Budget 2021 has delivered for the tourism and hospitality industries. Hosted on Acast. See acast.com/privacy for more information.
10/13/2020 • 39 minutes, 49 seconds
What's it like right now for investors? / A restaurant business expands
Even before the impact of Covid-19, low interest rates and uncertain markets were making it difficult for investors to find a good place to put their cash. So what impact has months of Covid-19 had on the markets, and what are the best options now for those looking to invest or close to retirement? Ciarán talks to Donough Kilmurray, chief investment officer with Davy. But first he talks to entrepreneur Greg Gormley, owner of Little Ass burrito restaurant in Rathmines, Dublin. Greg's plans to expand were interrupted by the pandemic but now he's about to open a second premises in Temple Bar. He shares his insights on running a restaurant in unusual circumstances. Hosted on Acast. See acast.com/privacy for more information.
10/7/2020 • 33 minutes, 46 seconds
Business of Sport: Covid-19 impact on Leinster Rugby and Kerry GAA
This week it’s the business of sport with Ciaran Hancock and Mick O’Keefe of Teneo. Together, they speak with Mick Dawson, CEO of Leinster Rugby and Peter Twiss, Secretary of the Kerry County Board to gain an insight into how Covid-19 has impacted their respective organisations both on and off the pitch. Hosted on Acast. See acast.com/privacy for more information.
9/30/2020 • 42 minutes, 5 seconds
Starting a business in a pandemic
"Some people called it brave. A lot of people called it stupid too!" That's what coffee shop owner Ger O'Donohoe tells Ciaran on this week's podcast about his decision to open a second business in the midst of the Covid-19 pandemic. Ciaran also talks to entrepreneur Connor Keppel, who is launching a tech startup. Why did they decide to talk the plunge in these uncertain times, and how is it going for them? Hosted on Acast. See acast.com/privacy for more information.
9/23/2020 • 33 minutes, 47 seconds
Dublin city centre suffers as more stringent Covid-19 measures loom
Dublin city centre faces a unique threat to its business ecosystem. Retail and hospitality are suffering, tourists are absent, office workers are absent, and new lockdown measures look increasingly likely. To add insult to injury, its wet pubs face yet another delay before being allowed to reopen. Ciaran talks to Mark Paul, business affairs correspondent with The Irish Times, and to Ronan Lynch, proprietor of The Swan pub on Aungier Street and chairman of the Licensed Vintner's Association, about the challenges facing Dublin. Hosted on Acast. See acast.com/privacy for more information.
9/16/2020 • 34 minutes, 7 seconds
Ireland in recession / Google’s change of mind
Ireland is officially in recession. Recent figures from the CSO, show the economy contracted by 6.1% between April and June, the sharpest decline ever recorded. In today’s episode, Laura Slattery speaks to Irish Times business journalist Eoin Burke-Kennedy about the path the economy might take from here, how we compare to our European counterparts and what challenges lie ahead for Finance Minister Paschal O’Donohoe. Later on, Irish Times technology journalist Ciara O’Brien joins Laura to discuss Google’s recent decision to cancel a major office deal in the capital. Hosted on Acast. See acast.com/privacy for more information.
9/9/2020 • 27 minutes, 20 seconds
Irish aviation struggles / Economic forecasts with Sebastian Barnes
First up in today’s episode, Cliff Taylor is joined by Dee Ryan, Chief Executive of Limerick Chamber of Commerce and Irish Times reporter Barry O’Halloran to discuss another bleak week in Irish aviation. With reports that Aer Lingus is to move two aircraft from Shannon to the UK, what will this mean for regional connectivity and the industry as a whole? Later on, we’ll hear from Sebastian Barnes, Chair of the Irish Fiscal Advisory Council, who takes a look back at the economic impact of Covid-19 and what we should be expecting in the weeks and months to come. Hosted on Acast. See acast.com/privacy for more information.
9/2/2020 • 35 minutes, 50 seconds
Will Covid-19 spell the end of the traditional office environment?
One of the many ways that Covid-19 has impacted daily life, is the complete overhaul of the office working environment. Since March, many Irish people have adapted their professional lives to working from home, while others have returned to the office on a staggered basis . In today's episode, we examine what the future holds for the traditional office. Is remote working the way of the future and what will happen to the empty office blocks in our towns and cities? Joining Ciaran to discuss this and more is CEO and Co-founder of Teamwork, Peter Coppinger and Roland O'Connell from Savills, one of Ireland’s leading commercial real estate agents. Hosted on Acast. See acast.com/privacy for more information.
8/26/2020 • 33 minutes, 43 seconds
"It's still precarious" - revisiting Covid-hit entrepreneurs
Over the past few months we've spoken to many businesspeople in different sectors about their struggles to adapt and survive in the Covid-19 economy. Today we revisit some of them a few months after we first heard from them, to see how things are going. They are: restauranteur JP McMahon, hotelier Des O'Dowd and travel agent Mary McKenna. Hosted on Acast. See acast.com/privacy for more information.
8/19/2020 • 39 minutes, 23 seconds
Pat Rigney from The Shed Distillery Drumshanbo
The Shed Distillery in Drumshanbo, County Leitrim was set up in 2014. In just under six years, the young business has proved a success at home and in international markets, with it’s famous Gunpowder Irish Gin rated amongst the top five premium gins in the US. The distillery is also due to expand with the construction of a €3 million visitor centre in the small town of Drumshanbo. In today’s episode, managing director and founder Pat Rigney speaks to Ciaran Hancock about how the industry is powering through the pandemic and the future of the new visitor centre. Hosted on Acast. See acast.com/privacy for more information.
8/12/2020 • 25 minutes, 38 seconds
These covid-stricken business sectors could be on the brink of failure
Certain parts of the economy remain almost completely shuttered, either as a result of restrictions or changed consumer behaviour. Can these stricken sectors survive?Cliff Taylor talks to two entrepreneurs, in events and tourism, who say the government must do more or their small businesses will go to the wall.And Eoin Burke Kennedy analyses the news that the reopening of "wet pubs" has been delayed again until August 31st - and probably beyond. Hosted on Acast. See acast.com/privacy for more information.
8/5/2020 • 33 minutes, 23 seconds
Can Irish aviation survive the pandemic? / Ann Chapman from Stonechat Jewellers
This week the Oireachtas Special Committee on Covid-19 heard from representatives of Ryanair, Aer Lingus, the DAA and Shannon Group on how Irish aviation has been affected by the pandemic. Irish Times journalist, Barry O’Halloran has the latest. Also, Ann Chapman from Stonechat Jewellers speaks to Ciaran Hancock about expanding her premises in Dublin city centre in March, only to close down the shutters the very same week. Hosted on Acast. See acast.com/privacy for more information.
7/29/2020 • 28 minutes, 56 seconds
EU recovery fund: what's in it for Ireland?
This week EU leaders agreed a 750 billion euro recovery fund to help member states deal with the economic damage caused by the pandemic. So who were the winners and losers of this deal and what's in it for Ireland? Naomi O'Leary and Cliff Taylor join Ciarán Hancock to discuss. Hosted on Acast. See acast.com/privacy for more information.
7/22/2020 • 31 minutes, 2 seconds
Apple Tax: inside Ireland's victory in landmark case
"No-one expected as unequivocal a ruling as this": Ireland has prevailed in its case against the EU Commission, who claimed that billions in corporation tax were owed by Apple to the Irish exchequer due to its operations here. Europe's second highest court decided that none of the money was taxable here. But why was the case taken in the first place, and what will the EU's next move be in its attempts to shut down tax avoidance? Joe Brennan and Cliff Taylor explain. Hosted on Acast. See acast.com/privacy for more information.
7/15/2020 • 28 minutes, 4 seconds
The economic outlook darkens - with Chris Johns and Eoin Burke-Kennedy
In a report published yesterday the EU downgraded its forecast for the European economy as the impact of Covid-19 beds in. Meanwhile, the government is preparing its July stimulus package. Where should it find and direct its funds? To talk about the economic outlook, Ciaran is joined by Chris Johns and Eoin Burke Kennedy of The Irish Times. Hosted on Acast. See acast.com/privacy for more information.
7/8/2020 • 30 minutes, 1 second
Covid-19's impact on the housing market - with John McCartney
Reports this week that AIB will not give mortgages to those in receipt of government-subsidised wages showed the potential impact of Covid-19 on the property market. So how is this closely-watched sector being affected, months into the crisis? John McCartney, director of research at Savills, and Irish Times reporter Jack Horgan-Jones talk to Ciaran Hancock. Hosted on Acast. See acast.com/privacy for more information.
7/1/2020 • 35 minutes, 35 seconds
Back in business: Irish companies prepare to reopen
As we approach the next phase on the roadmap out of lockdown, many businesses across Ireland are preparing to reopen after three months of closure. In this episode, Ciaran Hancock speaks to Teeling Whiskey co-founder Jack Teeling about the challenges that lie ahead for the Dublin based distillery. Also joining the discussion is Adrian Cummins from the Restaurants Association of Ireland, who is calling for a 1.8 billion euro government bailout of the sector.Plus, Brian Keating from Richie’s Bike Store in Swords gives an insight into how their bicycle business has been operating since reopening in May. Hosted on Acast. See acast.com/privacy for more information.
6/24/2020 • 30 minutes, 13 seconds
“Ambiguous and vague” - Sinn Fein’s Pearse Doherty on the new Programme for Government
In today’s episode Sinn Féin’s spokesperson on Finance Pearse Doherty and Irish Times journalist Cliff Taylor join Ciaran Hancock to discuss the economic elements of the new Programme for Government. With very little in the way of costing laid out in their plans to reignite and renew the economy, how will the government pay for all of these new measures? Hosted on Acast. See acast.com/privacy for more information.
6/17/2020 • 38 minutes, 52 seconds
"Whatever way you do the maths, I don't see us all surviving" - Covid-19's Impact on Hospitality
In today’s episode, Ciaran Hancock is joined by JP McMahon, a chef and restaurant owner from county Galway and by Des O’Dowd a hotelier in Inchydoney, West Cork, to speak about the impact Covid-19 has had on the hospitality trade. They discuss their plans to reopen at the end of the month and share their thoughts on the new guidelines issued this week from Fáilte Ireland. So what does the future hold for McMahon’s three restaurants and how will Inchydoney Lodge and Spa cope with strict social distancing and no-touch spa treatments amongst other new measures? Hosted on Acast. See acast.com/privacy for more information.
6/10/2020 • 34 minutes, 46 seconds
Bank of Ireland CEO Francesca McDonagh
In today's episode, Ciarán Hancock speaks to Francesca McDonagh, Group Chief Executive at Bank of Ireland, about the impact Covid-19 has had on the financial sector. Also on the agenda is the payment breaks obtained by 18,000 Bank of Ireland customers, the likely fall in property prices and when the bank will restore its dividend payment for shareholders. Hosted on Acast. See acast.com/privacy for more information.
6/3/2020 • 43 minutes, 15 seconds
Michael Smurfit on his life in business, The K Club years and criticism of lockdown "panic"
From lockdown in his home in Monaco, Michael Smurfittalks to business editor Ciarán Hancock about his storiedcareer, his greatest successes and most stinging failures. He also recalls his ownership of The K Club, and criticises Covid-19 reaction he calls a “panic-demic”. Hosted on Acast. See acast.com/privacy for more information.
5/27/2020 • 39 minutes, 55 seconds
Reopening Ireland: two businesswomen on meeting the challenge of Covid-19
Today we hear from two seasoned entrepreneurs in two different industries about how they are dealing with the fallout from Covid-19 and the opportunities that will hopefully begin to arise as the economy begins to reopen. How does this compare to past disruptions they have experienced, and what lessons can be applied to this new situation? Rachel Doyle founded Wicklow garden centre Arboretum in 1977 and the family business has since expanded with another store in Carlow. Mary McKenna is one of the country's leading tour operators, of Tour America and Cruise Holidays. Hosted on Acast. See acast.com/privacy for more information.
5/20/2020 • 39 minutes, 38 seconds
The impact of Covid-19 on the motor trade with Stephen Gleeson and Ciaran Crean
On Monday, the motor trade will be allowed to reopen their aftersales departments, but still face restrictions on their car sales operations. Many dealers are growing increasingly frustrated by the impact on sales and the threat of job losses. In today’s episode Ciaran Hancock speaks to Stephen Gleeson, managing director of Hyundai Ireland who is calling for showrooms and garages to open from May 18th. Meanwhile, the online sales of car parts have seen a sharp increase in the last few weeks. Ciaran Crean founder of the website Micksgarage.com discusses the growth in demand since the lockdown was introduced. Hosted on Acast. See acast.com/privacy for more information.
5/13/2020 • 29 minutes, 19 seconds
What does the future hold for the Irish Pub?
Like most industries, the Irish pub sector has been devastated by the Covid-19 crisis. Under the current restrictions set out by the government in their roadmap to opening the economy, pubs must remain closed until August 10th 2020. Publicans argue this will put many out of business and have put forward a proposal to open six weeks earlier than planned. Joining Ciaran to discuss what the future might look like for Irish pubs is Donall O’Keeffe, CEO of the Licensed Vintners Association and John Gleeson who runs Gleesons of Booterstown. Hosted on Acast. See acast.com/privacy for more information.
5/6/2020 • 23 minutes, 57 seconds
"We'll lose 10k houses this year" - Mark Fitzgerald on Covid-19's impact on housing supply and sales
Mark Fitzgerald is founder and chairman of real estate firm Sherry Fitzgerald. He talks to Ciarán about the housing market's difficulties and resilience in the time of Coronavirus. Despite the worsening economic situation, he insists there is no drop-off in demand from buyers yet and predicts prices will recover in 2021. Mark predicts a drop in new housing builds this year of between eight and ten thousand, and calls for the next government to ensure a resulting shortfall is made up in the years ahead. Hosted on Acast. See acast.com/privacy for more information.
4/29/2020 • 31 minutes, 57 seconds
An Post's David McRedmond on adapting to Covid-19 and the future of the organisation
An Post is one of the companies on the frontline of the Covid-19 outbreak. CEO David McRedmond talks to Ciaran Hancock about how the organisation is adapting to serve the public during the Covid-19 outbreak, and also about the future of letters, post offices, parcels and the financial services that are an increasingly important part of their offering. Hosted on Acast. See acast.com/privacy for more information.
4/22/2020 • 37 minutes, 7 seconds
A six-month break for mortgage holders? - with Brian Hayes
Borrowers financially impacted by Covid-19 could be offered a six-month break on their mortgage payments if talks between the banks’ lobbying body and the Central Bank of Ireland are successful, according to Brian Hayes, chief executive of the Banking & Payments Federation Ireland and today's Inside Business guest. Hosted on Acast. See acast.com/privacy for more information.
4/15/2020 • 41 minutes, 19 seconds
Business on life support, but for how long? With Ibec's Danny McCoy
Business representative group Ibec CEO Danny McCoy talsk to Ciaran Hancock about the plight of businesses, the effectiveness of state support and the importance of getting state cash into businesses fast. Hosted on Acast. See acast.com/privacy for more information.
4/8/2020 • 30 minutes, 21 seconds
"This may go on until December, but we will survive" - Dalata's Pat McCann
Pat McCann, founder of hotel group Dalata, says this crisis is worse than the many previous recessions and crises of his career all put together - but he says Dalata has the strength to survive, even if, as he believes, restrictions remain in place until late 2020. He talks to business editor Ciaran Hancock. From the Inside Business team, thanks to our listeners for their patience while we have been on hiatus for the past fortnight. Hosted on Acast. See acast.com/privacy for more information.
4/1/2020 • 21 minutes, 12 seconds
The Evolving Economic Fallout From Covid-19 / Life Inside the Italian Lockdown
In today’s episode, Irish Times journalists Joe Brennan and Mark Paul join host Laura Slattery to discuss the evolving economic fallout from the coronavirus outbreak. In a week that began with Black Monday, the greatest global stock market crash since 2008, what emergency measures are now being taken across the world to ease the economic impact? And how will the Irish tourism sector survive the biggest challenge it has faced in decades?Plus Cork native Emer Downing joins Laura on the line from her home in Bergamo, Italy to speak about daily life under lockdown. Emer is a primary school teacher and is delivering all her lessons online through Google Classroom. Hosted on Acast. See acast.com/privacy for more information.
3/11/2020 • 29 minutes, 15 seconds
Has The Economic Outlook Changed? Covid-19 Tech, Personal Insolvency
On today's podcast:Has Covid-19 changed the outlook for the Irish economy? Cliff Taylor talks to Conall Mac Coille, Chief Economist at Davy Stockbrokers. We find out about an all-Ireland company, Randox Laboratories, whose product is at the frontline of global efforts to detect the disease and prevent its spread. Plus: Before the High Court this week a high-profile personal insolvency case demonstrated the benefits of this ne for debtors in trouble. Simon Carswell reports. Hosted on Acast. See acast.com/privacy for more information.
3/4/2020 • 36 minutes, 10 seconds
Is Coronavirus Already Impacting The Economy?
Is the worsening global outbreak of the Covid-19 coronavirus already impacting the economy here and abroad? * Economist Megan Greene on the global effect. Why did investors initially underestimate the risk of the virus, and what are they doing now to minimise their exposure to losses? * Barry O'Halloran on the impact on tourism. Will airlines struggle in the months ahead? * Irish Exporters Association CEO Simon McKeever on the threat to businesses. Hosted on Acast. See acast.com/privacy for more information.
2/26/2020 • 29 minutes, 55 seconds
Business of Sport : GAA Director General Tom Ryan
This week it's the business of sport. Together with Mick O'Keeffe of Teneo PSG, Ciaran interviews GAA Director General Tom Ryan. They talk about funding the sport, Dublin's dominance and what the future holds for inter-county players. Hosted on Acast. See acast.com/privacy for more information.
2/19/2020 • 44 minutes, 30 seconds
Businesses, Markets and Banks React to #GE2020
How has the extraordinary result of the 2020 election gone down among investors, the financial sector and businesses? To talk about the election and its aftermath from an economic perspective, Ciaran is joined by Cliff Taylor and by Brian Hayes, head of the Banking and Payments Federation of Ireland and a former Fine Gael TD. Hosted on Acast. See acast.com/privacy for more information.
2/12/2020 • 43 minutes, 8 seconds
AIB Makes €300m Provision for Tracker-Mortgage Customers
Following a ruling this week from the Financial Services and Pensions Ombudsman, AIB have set aside a further €300 million to compensate victims of the tracker-mortgage scandal. In studio to discuss what this means for the thousands of customers affected is consumer campaigner Brendan Burgess from Askaboutmoney.com and Irish Times journalist Joe Brennan. Plus Peter Hamilton is here for the business roundup with details on a major new Brown Thomas store and some controversial Ryanair ads. Hosted on Acast. See acast.com/privacy for more information.
2/5/2020 • 34 minutes, 28 seconds
#GE2020 Manifesto Review / Irish Tourism After Brexit
In this episode, host Laura Slattery is joined by Irish Times contributor Chris Johns, who has taken a detailed look through the manifestos of Fine Gael & Fianna Fáil. What are the parties promising in terms of public finances and how will it be implemented? Also, with Brexit set for Friday evening & the value of Sterling falling, Irish Times journalist Mark Paul discusses the likely impact it will have on Irish tourism. Hosted on Acast. See acast.com/privacy for more information.
1/29/2020 • 31 minutes, 47 seconds
Pensions in The Spotlight / Trump, Thunberg but Few Irish at Davos 2020
The growing, ageing population has created a pensions time bomb for this Government and the gap between the common retirement age of 65 and eligibility for the state pension has emerged as a major election issue. Our own Dominic Coyle explains the problem, while Willie O'Dea, Fianna Fáil's spokesperson on pensions, claims his party will make a better fist of this policy area if voted in next month. Joe Brennan reports from Davos where an unusually small Irish contingent is rubbing shoulders with US President Donald Trump, climate activist Greta Thunberg and the usual coterie of premiers, ministers and CEOs. One Irish person who did make it is 18-year-old Fionn Ferreira, winner of the 2019 Google Science Fair, to talk about his plan to remove microplastics from the ocean. Hosted on Acast. See acast.com/privacy for more information.
1/22/2020 • 35 minutes, 58 seconds
#GE2020 With Cliff Taylor & Jim Power
In this episode, Ciaran Hancock is joined by Economist Jim Power and Irish Times Journalist Cliff Taylor. Together they take a look at how the Irish General Election campaign will play out over the next few weeks. Will the electorate give Fine Gael any credit for the recent economic growth and which party is best equipped to tackle the housing and health crisis?Plus, New Zealand based entrepreneur Andrew Barnes discusses his new book 'The Four Day Week', which puts forward the idea that shorter working hours results in more productivity. It sounds great in theory, but would it work? Hosted on Acast. See acast.com/privacy for more information.
1/15/2020 • 44 minutes, 7 seconds
An Irish Entrepreneur Takes On Climate Change
Cork-born businessman Norman Crowley believes the profit motive is the best hope we have for reducing our carbon emissions enough to stave off the worst effects of climate change in the decades ahead. He talks to Ciaran about the various strands of his business Crowley Carbon (electrifying vintage cars, creating meatless meat, and making companies more energy efficient), his assessment of Green politics and more. Hosted on Acast. See acast.com/privacy for more information.
1/8/2020 • 38 minutes, 17 seconds
What Will 2020 Bring?
For our final show of 2019 we've assembled a panel of experts to take stock of the the year and to make some predictions about the year ahead in business, the economy and beyond. Stephen Brewer is managing director with telecoms firm Magnet Networks, Michael O'Keeffe is CEO of Teneo PSG Ireland and Lucinda Creighton is CEO of Vulcan Consulting and a former junior minister for European Affairs. Hosted on Acast. See acast.com/privacy for more information.
12/31/2019 • 53 minutes, 24 seconds
Business of Sport: An All-Ireland Football League?
Businessman Kieran Lucid has a dream: an all-Ireland football league, uniting clubs from Northern Ireland and the Republic. But with soccer in the south in dire straits and cultural resistance in the North, he faces an uphill battle. He talks to Ciaran Hancock about his ambitious plan. But first Peter Hamilton has a roundup of the latest business news. Hosted on Acast. See acast.com/privacy for more information.
12/18/2019 • 28 minutes, 27 seconds
Inside "Central Plaza"
Today we are taking you on an exclusive tour of one of the biggest construction projects in Dublin city today: the redevelopment of the former Central Bank building on Dame Street, or "Central Plaza" as it will be called. It is one of Dublin's standout buildings, a bulky modernist structure towering over the 18th century architecture of College Green. For decades the space outside has been a rendezvous point for Dubliners, a hangout spot for teenagers and a stage for numerous demonstrations. Inside, momentous events in Ireland's recent economic history have played out. Now it is the subject of a €100 million redevelopment by US investment company Hines. Brian Moran, Hines's leading executive in Ireland, shows Ciarán around the site, including its rooftop restaurant and public foyer, while explaining the history and architecture of the building, the challenges of redevelopment and its attraction to signed-on lead tenants WeWork. Hosted on Acast. See acast.com/privacy for more information.
12/11/2019 • 27 minutes, 2 seconds
Another Corporation Tax Bonanza, Voucher Reform
Eoin Burke-Kennedy and economist Alan McQuaid take a look at the news that Ireland's corporation tax take came in a massive €1.45 billion ahead of estimates for the first 11 months of the year.Have you ever gone to cash in a gift voucher only to find it has expired? That may be a thing of the past. Dermot Jewell of the Consumer Association of Ireland explains the changes to rules surrounding vouchers after a 25 year campaign by his organisation. But first Peter Hamilton has a roundup of all the latest business news. Hosted on Acast. See acast.com/privacy for more information.
12/4/2019 • 34 minutes, 31 seconds
Why Are We Facing a 30% Increase In Air Fares?
Economist and journalist Colm McCarthy has forecasted that air fares will rise by 30% should the European Commission increase their carbon tax on jet kerosene. He joins Ciaran Hancock and business reporter Barry O’Halloran in studio to discuss how this increase, along with the removal of the VAT exemption, will send the price of air travel soaring.But first, Peter Hamilton has a roundup of the week’s big business stories including which Irish city has been named the most efficient place to start a business. Hosted on Acast. See acast.com/privacy for more information.
11/27/2019 • 33 minutes, 58 seconds
The National Broadband Plan / What next for RTE2?
Despite plenty of objection and many questions surrounding the escalating costs, the National Broadband Plan was signed in this week by the Cabinet. While the roll-out of high speed broadband across Ireland is a welcome initiative, Communications Spokesperson for Sinn Féin David Cullinane maintains it is a flawed and compromised process. Business Journalist Eoin Burke-Kennedy also joins host Ciarán Hancock to discuss the controversial plan.Later, Laura Slattery is in studio to discuss the recent decision by the national broadcaster to move their prime sports coverage from RTE 2 to RTE 1. What does this mean for the future of the sister station? Hosted on Acast. See acast.com/privacy for more information.
11/20/2019 • 42 minutes, 24 seconds
Warnings of a New Credit Price Spiral / RTÉ Restructuring
Despite pressure from house hunters seeking to escape the rent trap and from politicians looking for solutions to the housing crisis, the Central Bank will not be tempted to ease mortgage lending restrictions, according to both its deputy governors in statements this week. Where does that leave this troubled market? Analysis from Eoin Burke-Kennedy and Joe Brennan.What comes next for RTÉ? The state broadcaster revealed its plans to cut hundreds of jobs last week (on foot of a leak to The Irish Times). Industry correspondent Martin Wall on the pitfalls facing the organisation as it navigates choppy waters with employees, trade unions and the Government. But first Charlie Taylor has a roundup of some of the best business news stories of the week including a clampdown on dual pricing, a big payday for an Irish fintech success and a meltdown for Revenue's ROS system. Hosted on Acast. See acast.com/privacy for more information.
11/13/2019 • 29 minutes, 40 seconds
Web Summit Dispatch, A Worthy Winner at the Innovation Awards
Mark Paul reports from Lisbon where he's repping The Irish Times at this year's Web Summit. Find out who is speaking and what is happening at the biggest annual tech gathering. Atlantic Therapeutics won the top prize at last night's Innovation Awards, an event run by The Irish Times. The Galway-based company won for its technology that helps to treat bladder disorders, a problem that affects one in three women at some point. Ciarán was there and he interviewed Danny Forde, the firm's global product manager. But first Michael McAleer talks us through the other winners and their innovations. Hosted on Acast. See acast.com/privacy for more information.
11/6/2019 • 30 minutes, 21 seconds
Where Will Our Energy Come from in 2040?
Where will we get our electricity from in a decarbonised future? Eirgrid has produced a report on the future sources of Ireland's energy, setting out three possible scenarios. Environment correspondent Kevin O'Sullivan reports. Barry O'Halloran on the decision by regulators to reduce passenger charges at Dublin Airport, a move opposed by the airport on the grounds it needs the funds for development of the critical facility. How was the decision reached and is the airport now at a disadvantage?But first Laura Slattery has a roundup of the week's big business stories. Hosted on Acast. See acast.com/privacy for more information.
10/30/2019 • 32 minutes, 36 seconds
Multinationals Shed Jobs, Eir's Shoddy Customer Service
Dominic Coyle, Conor Pope and Laura Slattery join Cliff Taylor on today's podcast to talk about:- two days, two big announcements of lost jobs. Bad luck or something more? - why eir customers in need of help from the telecoms provider are often left unhappy. - WeWork's travails hit plans for Dublin, new charges for EV owners and another gloomy Brexit forecast from Moodys. Hosted on Acast. See acast.com/privacy for more information.
10/23/2019 • 27 minutes, 58 seconds
Can We Count on A Brexit "Relief Rally"?
Work continues in Brussels on a a Brexit deal, and its still uncertain if one will be reached, or indeed if one is whether it can then be passed by UK legislators. But what would it mean for the Irish economy if a deal such as we are hearing about is passed? Ciaran asks Cliff Taylor. Then Barry O'Halloran reports on two stories about how we are trying to reduce carbon emissions: a proposed offshore wind farm that would be situated 10 kilometres off the south Dublin coast and generate enough energy to power 600,000 homes, and the move by British Airways parent company IAG to offset some of its carbon emissions. A sign of things to come? But first, Laura Slattery has a roundup of the latest business news, including bad news for Facebook's cryptocurrency and for health food supplement manufacturers, and some interesting retail trends. Hosted on Acast. See acast.com/privacy for more information.
10/16/2019 • 39 minutes, 30 seconds
Paschal’s Brexit Budget – Will It Be Enough?
Minister for Finance Paschal Donohoe has delivered his Budget 2020 speech, with an overall package of €2.9 billion. Announcing measures worth €1.2 billion to tackle no-deal Brexit, Minister Donohoe said Budget 2020 is without precedent and “a budget that has been developed in the shadow of Brexit”. Will the measures announced today be enough to soften the landing?In today’s podcast, Ciaran is joined first by Irish Times political reporter Jennifer Bray to go through the main points of the budget. Later, Liam Diamond, Tax Partner at PwC Ireland, and Cliff Taylor and Fiona Reddan of the Irish Times, get into the weeds on items including the no-deal Brexit package, the much vaunted €6 carbon tax hike and measures related to housing and health. Hosted on Acast. See acast.com/privacy for more information.
10/8/2019 • 35 minutes, 16 seconds
Budget 2020 Preview / Trifol Turns Plastic Waste to Wax
In today's podcast Cliff Taylor previews next week's budget and Peter Hamilton takes a trip to Trifol, a Portlaoise-based company which has developed a lucrative process for turning landfill plastic into wax.Plus: Laura Slattery has a roundup of some of the week's other business including Paddy Power's mega-merger with Canadian rival Stars and Tesco's little-known new CEO, Irishman Ken Murphy. Hosted on Acast. See acast.com/privacy for more information.
10/2/2019 • 34 minutes, 15 seconds
Business of Sport: Rugby World Cup Special
Last weekend saw a successful opening of the 2019 Rugby World Cup in Japan. Today on Inside Business we take a look at the tournament through a business lens. Ciaran Hancock and Mick O'Keeffe of Teneo PSG are joined by Sean Kavanagh, Global Director at Pentland Brands (whose suite of brands includes Canterbury), Padraig Power, Commercial and Marketing director at the IRFU and Ed Dixon, a journalist with Sportspro Hosted on Acast. See acast.com/privacy for more information.
9/25/2019 • 40 minutes, 56 seconds
Ireland and OECD Tax Reform – How Great is the Challenge?
The OECD’s efforts to frame a global tax for multi-nationals that will satisfy the demands of the 134 countries involved in the long-running process was discussed at the PwC-Irish Times Tax Summit earlier this week. Cliff Taylor and Eoin Burke-Kennedy join Ciarán to dissect comments made at the summit by Minister for Finance Paschal Donohoe and Pascal Saint-Amans, director at the Centre for Tax Policy and Administration at the OECD. What will the changes mean for Ireland and what impact will they have on our bulging corporation tax receipts?Plus: Laura Slattery has the week’s other business news including Ireland’s Apple tax appeal, calls to tighten regulations on used-car imports and WeWork’s abandoned IPO. Hosted on Acast. See acast.com/privacy for more information.
9/18/2019 • 41 minutes, 58 seconds
RTÉ Needs A Revenue Boost - But Where Will It Come From?
It emerged last weekend that RTÉ sought a €55 million annual funding boost from the State, which it never got. Staff at the broadcaster have been warned that the organisation cannot continue as it is without a significant increase in state funding. That's unlikely to materialise in the upcoming budget. So, what now? Does the solution lie in a doubling of the licence fee, cutting staff, or selling its Dublin 4 campus and starting from scratch?In today’s podcast, Larry Bass of ShinAwiL Productions predicts a grim future in which the state broadcaster will be without funding to make Irish productions and could be caught up in industrial disputes. We’re also joined by Irish Times business affairs correspondent Mark Paul, who this week wrote that RTÉ’s funding woes are of its own making.Plus: Peter Hamilton has a roundup of some of the other business stories of the week, including the much mourned closure of beloved Dublin venue The Bernard Shaw. Hosted on Acast. See acast.com/privacy for more information.
9/11/2019 • 43 minutes, 45 seconds
Makhlouf Begins Governorship / Irish-backed Firm Chasing Nigeria for $9bn
The new governor of the Irish Central Bank, Gabriel Makhlouf, settled into the role this week, telling staff that he will be in listening mode over the coming months. Joe Brennan outlines what he’ll have found waiting in his in-tray on his first day, including a key ECB governing council meeting on September 12th that will consider whether to ease rates or launch a new bond-buying programme – or both – to shore up the euro zone economy.Later: Mark Paul has the story of Irish-backed company, Process & Industrial Development, which has won a $9.6 billion (€8.7 billion) UK court judgment against the Nigerian government. P&ID, an offshore company linked to Dublin-based Industrial Consultants (International), won the huge arbitration award after a 2010 gas deal to build an oil refinery in Calabar fell through.Plus: Peter Hamilton has some of the other big stories this week including exchequer returns, Dalata results and falling wine sales. Hosted on Acast. See acast.com/privacy for more information.
9/4/2019 • 27 minutes, 19 seconds
Employment, Emigration & The Economy / A Let-Down for Forestry Investors
Two sets of figures were released by the CSO this week. One shows a return to net emigration in Ireland: more people departed the country than arrived in the year to April. Another set, the latest Labour Force Survey, reveals 2.3 million people are now employed in the state, the highest ever figure. What lies behind the figures? Dominic Coyle asks Eoin Burke Kennedy. And Fiona Reddan has a story of a too-good-to-be-true investment opportunity that turned out to be just that. First, though, it's Peter Hamilton with a roundup of the latest business news including another dip in sterling, another Press Up investment and punishment for corporates implicated in the US opioid crisis. Hosted on Acast. See acast.com/privacy for more information.
8/28/2019 • 30 minutes, 4 seconds
No-Deal Brexit: Is it Possible to Prepare for the Unknown?
Earlier this week Irish Times columnist Chris Johns wrote about why a hard Brexit on October 31st will be the beginning, rather than the end, of a chaotic phase in Britain’s history and that the country is facing a future as a failed state. He talks to Ciarán about why that is and why he believes that Boris Johnson’s decision to back Dominic Cummings as his senior adviser will come back to haunt him.They’re joined by Ibec’s director of policy and public affairs Fergal O’Brien to discuss why it is so difficult for Irish business to prepare for a no-deal outcome, how the Irish economy will cope and what measures Minister for Finance Paschal Donohoe needs to take in October’s budget to soften the landing in 2020.Plus: Peter Hamilton takes us through some of the week’s other business news including Ryanair’s scuppered pilot strike, Facebook’s new privacy tool and Hershey’s stake in Irish snack brand Fulfil. Hosted on Acast. See acast.com/privacy for more information.
8/21/2019 • 40 minutes, 19 seconds
5G Has Finally Arrived – Will It Live Up To The Hype?
Vodafone got out of the traps first this week announcing the beginning of its roll-out of 5G internet. So, how much will it cost? And, what will it mean for Irish businesses and consumers? Ciarán talks to Professor Ronan Farrell of Maynooth University, which launched a 5G test centre earlier this year, and Irish Times business reporter Charlie Taylor.Plus: Laura Slattery has a roundup of some of the other business stories of the week including the departure of Norwegian Air from the Irish market, the purchase of Green Reit and a chill in property prices. Hosted on Acast. See acast.com/privacy for more information.
8/14/2019 • 25 minutes, 38 seconds
What Happened to Harland & Wolff?
Harland & Wolff is officially in the hands of administrators. The legendary Belfast shipyard, once the world's largest, is now a symbol of the decline of British manufacturing and heavy industry. That decline is a subject that our guest today, Eamonn Fingleton, has written and reported on for decades. We're also joined by our reporter Francess McDonnell who has the latest on negotiations to keep the shipyard and its employees going.But first Laura Slattery has a roundup of the latest business news including a hefty fine for a large Irish firm, Boohoo buying Karen Millen and the disruptor snapping up a rare commodity: talented sports journalists. Hosted on Acast. See acast.com/privacy for more information.
8/7/2019 • 25 minutes, 38 seconds
Ireland’s Love Affair With Multinationals Is Set To Change - How Can We Adapt?
Looming international tax changes will be a big setback for Ireland's relationship with multinationals. But how great is the danger? And, how can we adapt to these changes, while continuing to attract foreign direct investment and develop other parts of the economy?To discuss how this might play out, Cliff Taylor is joined by chief economist at Ibec Gerard Brady and Martina Lawless, associate research professor at the ESRI and member of the Irish Fiscal Advisory Council.Plus: Laura Slattery on some of the other big stories this week, including steep Sterling loses and the continuing controversy surrounding Ireland's new Central Bank governor Gabriel Makhlouf. Hosted on Acast. See acast.com/privacy for more information.
7/31/2019 • 36 minutes, 17 seconds
Is It Time to Loosen Restrictions on Bankers' Bonuses?
Earlier this week minister of state at the Department of Finance Michael D'Arcy told The Financial Times that banking pay restrictions should remain in place - in spite of pressure from the banking industry to loosen them. AIB, Bank of Ireland and Permanent TSB are currently subject to a €500,000 salary cap, while a punitive 89% tax rate applies to any bonuses paid. Should the restrictions stay or go? Ciarán talks to Brian Hayes, former Fine Gael TD and MEP who is now CEO of the Banking and Payments Federation Ireland, and then by Pearse Doherty, Sinn Fein TD and finance spokesperson, for two different views on the issue. Plus, Peter Hamilton has all the latest business news including more pay disputes at Ryanair, how the markets are reaction to Boris Johnson's election as Tory party leader and struggling state agencies. Hosted on Acast. See acast.com/privacy for more information.
7/24/2019 • 42 minutes, 2 seconds
Tracker Mortgage Scandal: Have The Banks Learned Their Lesson?
With the publication this week of the final report on Irish banks's practice over several years of denying customers their rightful tracker mortgage rates, Ciarán talks about the scandal with Brendan Burgess of consumer forum askaboutmoney.com and The Irish Times markets correspondent Joe Brennan. Have the banks really changed? And Peter Hamilton has all the latest business news, including the Irish firm turning plastic into wax and the sudden relevance of outgoing Bank of England governor Mark Carney's Irish citizenship. Hosted on Acast. See acast.com/privacy for more information.
7/17/2019 • 41 minutes, 58 seconds
Is A "Tsunami" of Home Repossessions Coming?
On today's podcast Ciarán Hancock talks to David Hall, the mortgage debtor advocate, who expects 20,000 homes to be repossessed by banks or so-called vulture funds over the next six years. Mr Hall was a co-founder of the Irish Mortgage Holders Organisation, a not-for-profit body set up post the 2008 financial crash to help those in mortgage arrears to restructure their loans and remain in their homes.Earlier this month, in the wake of Ulster Bank announcing plans to sell ¤900 million worth of residential loans that are deep in arrears, Mr Hall said a tsunami of repossessions was coming in Ireland.He tells the podcast what IMHO plans next to help mortgage holders in arrears dealing with vulture funds.But first Peter Hamilton has the latest business news, including a look back at the life of Penneys founder Arthur Ryan who died this week. Hosted on Acast. See acast.com/privacy for more information.
7/10/2019 • 40 minutes, 49 seconds
What's Behind The Drop In House Prices?
Property price growth has slowed to its lowest level in five years, according to a report from Davy and property website myhome.ie.The study also suggests asking prices in Dublin, the most volatile segment of the market, are now falling for the first time since 2013.Eoin Burke-Kennedy of The Irish Times and Conall Mac Coille, chief economist at Davy, talk to Ciarán about what's behind the housing market moves. They also discuss the latest exchequer return figures that indicate a continuation of twin trends: a tax revenue boom, and cost overruns at the Department of Health. But first Peter Hamilton has the latest business news including a vacancy at the IMF with Christine Lagarde's appointment to the European Central Bank, more Press Up expansion, and a glimpse inside Larry Goodman's Goodman group. Hosted on Acast. See acast.com/privacy for more information.
7/3/2019 • 34 minutes
Sarah Keane on Life after Rio, Corporate Governance & Funding Sport
Olympic Federation of Ireland President and Swim Ireland CEO Sarah Keane is among Ireland's top sports administrators. She talks to Ciaran and Michael O'Keeffe of Teneo PSG about her background in sport and law, what is involved in her various roles, the growth of female sport and the fallout for the Olympic movement in Ireland from the arrest of former president Pat Hickey at the Rio games in 2016. Plus, Michael has a roundup of all the latest news from the business of sport. Hosted on Acast. See acast.com/privacy for more information.
6/26/2019 • 50 minutes, 8 seconds
Troubling Housing Trends / Credit Union Savings Caps
Are we building the wrong houses in the wrong places at the wrong prices? Sherry Fitzgerald chief economist Marian Finnegan and Orla Hegarty, architect and assistant professor at UCD’s School of Architecture, join presenter Cliff Taylor to discuss some troubling trends in the housing sector.Also in this podcast – Irish Times business reporter Fiona Reddan on why Credit Unions across the country are imposing savings caps.Plus: Peter Hamilton has some of the other stories in the news this week including Facebook's crypto currency, Libra. Hosted on Acast. See acast.com/privacy for more information.
6/19/2019 • 48 minutes, 41 seconds
Fiscal Council Chairman Seamus Coffey on Policing the Public Finances
In its latest report the Irish Fiscal Advisory Council has described the Government’s medium-term spending plans as “not credible”. The watchdog says there is an over-reliance on corporation tax receipts to cover ‘unplanned’ increases in spending, such as in health. In today’s podcast the chairman of IFAC, Seamus Coffey, explains why the council is so concerned about government spending, why the outlook for the Irish economy is “unusually uncertain” and what the immediate impact of a hard Brexit would be. He also talks about why he believes that IFAC’s warnings are influencing the Government’s handling of the public finances, despite an apparent reluctance to accept the watchdog’s findings.Plus: Peter Hamilton has a roundup of some of the week's other business headlines, including Ryanair's plan to add Malta Air to its expanding group of airlines. Hosted on Acast. See acast.com/privacy for more information.
6/12/2019 • 33 minutes, 22 seconds
How Ireland Builds a Better Start-Up Scene - with Dómhnal Slattery
When it comes to supporting a culture of entrepreneurship, how does Ireland stack up against the global competition? Avolon CEO Dómhnal Slattery set out to find out, and he has compiled his findings in a report titled "Project i". He talks to Ciarán about what's in the report, where Ireland falls short for its start-ups and the role of state agencies like Enterprise Ireland. He also talks about aircraft leasing company Avolon, the future of aircraft in a low-carbon economy and the fate of the grounded Boeing Max fleet.But first Peter Hamilton is back with all the latest business stories. Hosted on Acast. See acast.com/privacy for more information.
6/5/2019 • 45 minutes, 49 seconds
Are We Ready to Decarbonise Ireland's Economy? With Danny McCoy and Hazel Chu
Can we build a low-carbon economy in Ireland? On Monday business group Ibec launched its €40 billion blueprint, or greenprint, with proposals including increased forest cover, cutting emissions and raising carbon taxes. But is it ambitious enough? To discuss Ciarán is joined by Ibec CEO Danny McCoy, newly-elected Green Party councillor Hazel Chu and Cliff Taylor. But first Peter Hamilton has all the big news including car import woes for Irish sellers, Ireland's position on a US economic watchlist and what's happening at the Quinn Insurance inquiry. Hosted on Acast. See acast.com/privacy for more information.
5/29/2019 • 37 minutes, 45 seconds
Are there too many restaurants in Dublin?
Last week the high-end Dublin restaurant Luna closed after four years in business and just days after winning the Restaurant Association of Ireland’s best customer service award. The closure prompted some of the city’s leading restaurateurs to express concern about how development in the city is being managed, with accusations that things have got out of hand. Are there too many restaurants in Dublin? With already tight margins, has the increased VAT rate pushed the cost of doing business too high? Cliff Taylor is joined by Dublin restaurateur Elaine Murphy, DIT lecturer in culinary arts Dr Máirtín Mac Con Iomaire, and Irish Times consumer affairs correspondent Conor Pope to discuss. Also this week: Feargal O’Rourke, managing partner of PwC in Ireland, on the global focus on corporate tax and what that means for Ireland.Plus: Peter Hamilton’s roundup of the week’s other news including record-breaking employment figures and the collapse of British Steel. Hosted on Acast. See acast.com/privacy for more information.
5/22/2019 • 44 minutes, 23 seconds
Insurance Ireland in EU Spotlight / US-China Trade War
The European Commission has opened a formal investigation into whether Insurance Ireland is operating a cartel by restricting access to a claims database, almost two years after it raided the body as part of an inquiry into a number of issues in the sector. Conor Faughnan of AA Ireland and Irish Times markets correspondent Joe Brennan join Ciarán to discuss how the investigation could play out.Later: Chief economist at Manulife Investment Management, Megan Greene, and Cliff Taylor of the Irish Times on the latest developments in the US-China trade war and how markets have responded to its ratcheting up in the past week.Plus: Rising rents, hacks at Intel and WhatsApp, and more. Hosted on Acast. See acast.com/privacy for more information.
5/15/2019 • 46 minutes, 52 seconds
The National Broadband Plan / Struggling Department Stores
Eoin Burke-Kennedy on the ins and outs of the National Broadband Plan. Is the €3-billion project a misguided expense or a vital infrastructure that must go ahead?Fiona Reddan on Sports Direct owner Mike Ashley's purchase of House of Fraser and how department stores are coping in the era of online shopping.Plus: Peter Hamilton with a roundup of the other stories making the news this week, including Juul Labs's entry to the Irish e-cigarette market. Hosted on Acast. See acast.com/privacy for more information.
5/8/2019 • 32 minutes, 4 seconds
The Commercial Side of Trinity College
Trinity College Dublin is our most prestigious university but the institution has struggled to remain globally competitive. Government funding per third level student has declined steeply since the crash, and Trinity has fallen down the international rankings. So for today's podcast Ciarán Hancock visits the Trinity campus to find out what is being done to replace that lost income and maintain the may services it provides to its students and academic staff? How is Trinity taking advantage of the campus's prime city centre location and its famous tourist attractions like the Book of Kells, and how are commercial concerns balanced against its academic traditions? Hosted on Acast. See acast.com/privacy for more information.
5/1/2019 • 29 minutes, 12 seconds
STATSports Scores Star Investors / Public Sector Pay
STATSports head of marketing Ian Forrester joins Ciarán and Irish Times business journalist Charlie Taylor to discuss the Newry-based sports tech company's new funding round recently, which saw seven-figure investments by Premier League footballers Raheem Sterling and Alex Oxlade-Chamberlain. Later: Cliff Taylor on the implications of pressure from public sector unions to end the two-tier pay structure. Plus: Datalex to suspend shares, Dunnes Stores eyes Base Wood Fired Pizza & EY Entrepreneur of the Year awards. Hosted on Acast. See acast.com/privacy for more information.
4/24/2019 • 29 minutes, 47 seconds
A Global Economic Slowdown / Corporate Power Shift at the FAI
Economists Megan Greene and Austin Hughes on the prospect of a global slowdown in economic growth, what should be done about it and how it might impact on Europe.Jack Horgan-Jones has the latest on the FAI, after auditors Deloitte filed a notice to the Companies Registration Office on Monday over breaches of the Companies Acts on the grounds that accounts were not kept properly. What happens now?Plus: Peter Hamilton has a roundup of some of the week’s other stories concerning Green Reit, Kingspan and the gig economy. Hosted on Acast. See acast.com/privacy for more information.
4/17/2019 • 35 minutes, 39 seconds
The Changing Face of Home Ownership
Jack-Horgan Jones on the impact of institutional landlords on the property market. Simon Carswell on why we may never see a report on the collapse of Sean FitzPatrick's trial. Plus regional airports, Debenhams and more. Hosted on Acast. See acast.com/privacy for more information.
4/10/2019 • 40 minutes, 12 seconds
The Quinn Case Was Worth Its €170 Million Cost
Colm Keena on the strange saga of the Quinn business family. The State's long battle to recover debts the Quinns owe to the IBRC, formerly Anglo Irish Bank, ended this week with a settlement reached with former billionaire Sean Quinn's adult children. But much of whatever money is eventually recovered will go to the lawyers. Was it worth the effort? Plus, Laura Slattery has the best business news of the week including Mark Zuckerberg's Dublin visit, good news for the music industry and a bank's attempt to stop proactive borrowers from gaming the mortgage system to the lender's loss. Hosted on Acast. See acast.com/privacy for more information.
4/3/2019 • 33 minutes, 34 seconds
Brexit: Lower Wages, Higher Prices / The Robots are Coming
The ESRI has warned that its projected growth rate for the Irish economy this year could be slashed by more than two-thirds if Britain crashes out of the EU, derailing the Government’s plan for tax cuts in the next budget. Lead author of that report, Dr Adele Bergin, joins Cliff Taylor and presenter Laura Slattery to discuss the gloomy analysis.Plus: The robots are coming, but for who? Eoin Burke-Kennedy has the details of a report by the UK’s Office for National Statistics, showing waiters and shelf stackers are the most likely to be replaced by robots.But first, Peter Hamilton has a roundup of some of the other stories making the business news this week: PwC’s review of Datalex’s accounts, new EU copyright rules and Mike Ashley’s Sports Direct eyeing Debenhams. Hosted on Acast. See acast.com/privacy for more information.
3/27/2019 • 34 minutes, 42 seconds
Apple TV, Google's Bad Day, Why Marriage Still Pays
Ciara O'Brien on the launch of a video streaming service by Apple. Can the tech behemoth make a dent in Netflix and Amazon's existing services, and why should we sign up?Fiona Reddan on the enduring financial advantages of getting hitched, despite growing numbers of people feeling alienated from the custom. A potential solution: bring back civil partnerships, this time for people of all orientations. First up it's Peter Hamilton with a roundup of business news, including potential buyers of the iconic Dublin night spot Coppers, more fast food wars and a German financial merger making waves. Hosted on Acast. See acast.com/privacy for more information.
3/20/2019 • 29 minutes, 16 seconds
Brexit: The Threat of No-Deal Tariffs
The UK has revealed the tariffs it would impose on imports in the event of a no-deal Brexit, which will have serious implications for the Irish economy, particularly the food sector. If the UK crashes out of the EU on March 29th, is there any way businesses will be ready?Cliff Taylor talks to Allie Renison, Head of EU and Trade Policy at the UK’s Institute of Directors, and Cormac Healy, Senior Director of IBEC’s, Meat Industry Ireland.Later, Irish Times business affairs correspondent Mark Paul talks about his recent trip to Birmingham, where he spoke to local business owners about their views on Brexit. But first, Peter Hamilton has a roundup of some of the week’s other stories: the grounding the Boeing 737 Max 8; An Post's plans to enter the mortgage market; and the freezing of plans for an EU Digital Tax. Hosted on Acast. See acast.com/privacy for more information.
3/13/2019 • 35 minutes, 34 seconds
Boom-Era Apartment Defects "Verging on Systemic"
Earlier this week an investigation by The Irish Times revealed that hundreds of residents in boom-time apartment blocks are facing huge bills, the risk of eviction and the prospect of costly legal action to fix structural defects in their homes. It's a personal tragedy for apartment owners and a problem for our housing stock that is "verging on systemic", according to journalists Jack Horgan-Jones and Niamh Towey. They talk to Ciarán about the investigation. Plus, Peter Hamilton has a roundup of business news including Paddy Power / Betfair's new name, Ireland's new billionaire and Deliveroo's new plan for Irish growth. And Mark Paul on the strange timing of a new beverage launch in the Irish market by Diageo. Hosted on Acast. See acast.com/privacy for more information.
3/6/2019 • 32 minutes, 48 seconds
The Health of Irish Banks / Rezoning Dublin's Industrial Estates
BANKING: Bank of Ireland and Permanent TSB both released their annual results this week. What have we learned about the health of Irish banks? And why is Bank of Ireland indicating future mortgage rate increases? Joe Brennan reports. HOUSING: Dublin City Council, short on space to provide desperately-needed land for housing development, is eyeing up some of Dublin's industrial estates. Can the plan work? We talk to DCC's Deputy Chief Executive Brendan Kenny. PLUS: Foldable phones, Dalata's profits and Eir's customer service. Hosted on Acast. See acast.com/privacy for more information.
2/27/2019 • 33 minutes, 38 seconds
Simon Carswell on ODCE's Botched Anglo Investigation / Cliff Taylor on Jobs Numbers
Simon Carswell on what he heard at Oireachtas committee hearings into the botched prosecution of Anglo Irish Bank by the Office of the Director of Corporate Enforcement. Cliff Taylor on the latest CSO data showing that in 2018 2.28 million people were employed in our economy, an all-time high. What does that mean for employers, employees and the economy?Plus, Peter Hamilton has a roundup of business news including ups and downs for Irish whiskey producers, the agri sector's Brexit battles and a major move by the world's biggest producer of coal. Hosted on Acast. See acast.com/privacy for more information.
2/20/2019 • 38 minutes, 14 seconds
Solving Ireland's Pensions Problem - Live at Irish Life
Some call it the pensions time-bomb. In the private sector, under 40% of workers are covered by a pension. As our workforce ages, the problem of retirees lacking the funds they need will grow and grow. Most agree that the planned introduction of auto-enrolment, whereby workers automatically contribute to their own pension, is a good idea. But beyond that, there is much disagreement on how it should be implemented. Should it be mandatory or opt-out? Privately or publicly run? And should it replace or supplement the state pension? To debate this critically important topic, Ciarán Hancock was joined by Irish Life CEO David Harney, Dr Laura Bambrick of the Irish Congress of Trade Unions and Irish Times columnist Chris Johns. The podcast was recorded in front of a live audience at the Irish Life Building. Hosted on Acast. See acast.com/privacy for more information.
2/13/2019 • 57 minutes, 56 seconds
The Business of Sport: The Open Championship Returns to Portrush
It's officially titled The Open Championship but whether you call it that, the British Open or simply The Open, it’s coming to these shores in July. For the first time in 68 years Royal Portrush will host golf’s oldest major. Over 200,000 golf fans are expected to descend on the County Antrim coast with the eyes of millions worldwide focussed on the Dunluce Links as the seaside resort becomes the centre of the golf universe for one week. It also means a boon for the local economy. But can the small resort handle such numbers, and what about the impact of Brexit on preparations? Ciarán and Michael O'Keeffe of Teneo PSG talk to Malcolm Booth, Director of Sales and Marketing at the Open, to discuss how things are shaping up ahead of the 148th edition of the event. But first Michael has a roundup of the latest news from the business of sport including GAA finances, Sport Ireland investment figures and some good news about Ireland's Six Nations match against England last weekend. Hosted on Acast. See acast.com/privacy for more information.
2/6/2019 • 39 minutes, 5 seconds
Five-Star Living & Sky-High Rents: Inside Capital Dock
If you've been in Dublin lately you might have noticed a tall new building dwarfing its neighbours on the south quays. Capital Dock, now the Republic's tallest building, is a residential development by Kennedy Wilson, who hope the wealthy executives who work nearby will choose to rent an apartment there. And you will need to be wealthy, because a standard two-bed will cost €3,300 per month. For that money you also get access to luxurious shared facilities and services. Inside Business went for a walk around the 22-storey residential tower in the company of Kennedy Wilson executives Ali Rohan and Peter Collins. What makes an apartment in this development worth its price? Who do they expect will want to live in Capital Dock? And how does the exclusive building fits into Dublin's dysfunctional residential property sector? Hosted on Acast. See acast.com/privacy for more information.
1/30/2019 • 35 minutes, 5 seconds
Interview: Glanbia CEO, Siobhán Talbot
Siobhán Talbot, Glanbia chief executive and the Irish Times Business Person of the Year for 2018, talks to Ciarán about Brexit and the difficulty of planning for a ‘no deal’ scenario. They also talk about Glanbia’s transition from dairy to high tech proteins and weight management products, the importance of promoting diversity, and how surviving cancer has changed her outlook on life. Hosted on Acast. See acast.com/privacy for more information.
1/23/2019 • 40 minutes, 20 seconds
Markets React To May's Defeat, Car Sales & Brexit, Victory for Supermac's
On this week's podcast: Cliff Taylor on the market reaction to the defeat of Theresa May's Brexit deal. What now? There is at least one sector for whom a hard Brexit may not be all bad: cars. Motoring Editor Michael McAleer explains why. Peter Hamilton has a roundup of the latest business news, includinga good week for Supermac's as it wins its David v Goliath court battle with McDonalds, a terrible week for software company Datalex, and news of yet more Dublin expansion for startup unicorn WeWork. Hosted on Acast. See acast.com/privacy for more information.
1/16/2019 • 26 minutes, 19 seconds
Profit Warnings at Apple & Samsung / 2019 Economic Outlook
Apple and Samsung both reported revenue slumps for the last quarter of 2018. What's going on? Analyst at Davy Stockbrokers Aidan Donnelly explains.Plus: Ibec is predicting a major slowdown in growth this year as the Irish economy approaches full capacity and “cost competitiveness erodes”. CEO of the employer's group Danny McCoy joins Cliff Taylor to give his predictions for the economy in 2019 amid the threat of Brexit, Donald Trump’s tariffs and other drags on Ireland’s economic performance. Hosted on Acast. See acast.com/privacy for more information.
1/9/2019 • 42 minutes, 30 seconds
Looking Ahead to 2019 with Anne Graham, Maurice Pratt and Michael O'Flynn
Christmas Day is behind us, and so is a record year for Irish business. But as 2018 draws to a close the picture is beginning to look a lot more mixed. Today we assess some of the risks to the Irish economy in the year ahead, from Brexit to retail and the housing crisis. Joining Ciarán Hancock to look ahead to those challenges are Anne Graham, CEO of the National Transport Agency, Maurice Pratt, chairman of Uniphar among other things, and Cork-based property developer Michael O'Flynn. Hosted on Acast. See acast.com/privacy for more information.
12/26/2018 • 50 minutes, 27 seconds
The Business Stories that Dominated the Year
As 2018 draws to a close, Ciarán talks to some of the Irish Times business team about the stories they’ve covered this year. Joe Brennan and Cliff Taylor take a look back at the banks, Brexit and Ireland’s continued economic recovery, just five years after exiting the EU-IMF bailout. Plus: Laura Slattery recalls a torrid year for Facebook and Mark Paul goes through the highlights of the ongoing drama at INM. Hosted on Acast. See acast.com/privacy for more information.
12/19/2018 • 43 minutes, 50 seconds
Brexit, Trade Wars & Stock Market Wobbles
What could derail Ireland's economic recovery next year? Ciarán talks to Megan Greene, Global Chief Economist of Manulife/John Hancock Asset Management in New York, Equity Analyst at Investec, Owen Callan and Cliff Taylor, about the international variables that could influence Ireland's growth prospects in 2019: Brexit, the US-China trade war and global stock markets.But first, Laura Slattery has a roundup of some of the other stories in the news this week, including RTÉ salaries, Primark and Google's most searched for terms in 2018. Hosted on Acast. See acast.com/privacy for more information.
12/12/2018 • 34 minutes, 24 seconds
FAI Finance Director Eamon Breen / Corporation Tax Boost / Brexit
Why are Republic of Ireland football managers paid so well? That’s just one of the questions Ciarán puts to FAI finance director Eamon Breen on this week’s podcast. He talks about where the association is investing its money in the sport, the debt it is currently carrying and he reveals how much money the businessman Denis O’Brien contributed to the FAI's finances over the years. Plus: Cliff Taylor explains why the corporate tax take was up last month and why a surprise budget surplus looks to be on the cards. He also has the latest on what’s been happening on the Brexit front.But first, Peter Hamilton has a roundup of some of the other stories making headlines this week, including the sad tale of the collapse of the Orla Kiely brand, Ryanair’s new ultra-low cost Eastern European subsidiary and the boomtastic menu at chef Dylan McGrath’s new D4 venture. Hosted on Acast. See acast.com/privacy for more information.
12/5/2018 • 43 minutes, 24 seconds
Business of Sport: Irish Sports Agents
Sports agents have never been as big a part of the sporting landscape in Ireland as in some other countries, but that is slowly changing. Today Ciaran Hancock and Michael O'Keeffe talk to two people working in the field in Ireland about their businesses and their unique perspective on the business of sport. Niall Woods is CEO of Rugby Agents Ireland and Sinead Galvin is founder of Galvin Sports ManagementBut first, Michael O'Keeffe has a roundup of all the month's biggest sports business stories including the free-to-air Rugby World Cup and Nike's move into the weird world of e-sports. Hosted on Acast. See acast.com/privacy for more information.
11/28/2018 • 39 minutes, 38 seconds
Tech Stocks Stumble; Sky-High Rents at Capital Dock; Aid:Tech Wins at Innovation Awards
The 2018 Irish Times Innovation Awards took place last night and the overall winner is Aid:Tech. The company's platform enables entitlements like aid, welfare, remittances, donations and healthcare to be digitised and delivered through blockchain technology in a completely transparent manner. Ciarán caught up with Niall Dennehy, co-founder and COO, right after his big win last night. Plus, Fiona Reddan on the new benchmark for rents in the capital: €3,300 for a two-bed apartment in the Kennedy Wilson's Capital Dock building on Dublin's south quays. And the bigger picture: are build-to-rent providers driving up rents across the city?But first Peter Hamilton has a roundup of the lates business news including a terrible week for tech stocks amid broader market jitters, the rise and fall of auto guru Carlos Ghosn, and a warning over the need for foreign workers to drive housing supply - where will they live? Hosted on Acast. See acast.com/privacy for more information.
11/21/2018 • 28 minutes, 36 seconds
Mediacon Summit, Brexit & Innovation Awards
Mediacon Summit co-founder Steve McCormack talks to Laura Slattery about the TV business and why the Irish television industry needs to look overseas for co-production opportunities.Later, Cliff Taylor explains the latest Brexit developments and what the possible outcomes could be.But first, Michael McAleer previews the upcoming Irish Times Innovation Awards and some of the novel business ideas set to be recognised during the ceremony. Hosted on Acast. See acast.com/privacy for more information.
11/14/2018 • 31 minutes, 57 seconds
EU Digital Tax Disharmony, 100% Club Launches, Ryanair Sackings
This week: Minister for Finance Paschal Donohoe will be happy with the outcome of Tuesday’s Ecofin meeting, which saw his German counterpart suggest a two year delay on the introduction of a digital sales tax and the French propose a compromise, or to borrow a Brexit term, a backstop measure. Europe editor Patrick Smyth and Olivia Buckley of the Irish Tax Institute join Ciaran to discuss how the tax will work and why Ireland is so opposed to it.Plus: The 100% Club launched on the fringes of the European Climate Innovation Summit in Dublin this week, aimed at challenging firms to reveal annually the full extent of their greenhouse gas emissions. Kevin O’Sullivan has the details.But first: Peter Hamilton has a roundup of some of the week’s other stories, including Ryanair’s sacking of six members of staff over a viral photograph, good news for Ikea in Ireland and Sharon Donnery beaten by an Italian economist for a top ECB banking job. Hosted on Acast. See acast.com/privacy for more information.
11/7/2018 • 36 minutes, 15 seconds
"We Blew €500k on Our Name" - Teamwork.com's Daniel Mackey & Peter Coppinger / UK Budget Analysis
This year's winners of the EY Entrepreneur of the Year Ireland awards, Daniel Mackey and Peter Coppinger, are the founders and leaders of Teamwork.com, a Cork-based Saas (software as a service) company. They talk to Ciarán about their ambition to build a €450 million-revenue company, going where the talent is (which isn't Dublin), not needing funding despite spending their savings on their url, and their advice for wannabe entrepreneurs. Later we hear from Denis Staunton in London and Cliff Taylor explain the key elements of the UK budget which included a Digital Services Tax for tech giants, and how Brexit might force Philip Hammond to rip it all up and start over. Hosted on Acast. See acast.com/privacy for more information.
10/31/2018 • 30 minutes, 34 seconds
The Business of Sport: Leinster Rugby CEO Mick Dawson
Today's guest: Former stockbroker Mick Dawson took over as Leinster Rugby CEO in 2001. Since then Mick has overseen the transformation of Leinster Rugby into one of the genuine powerhouses of the European game, claiming four Heineken Cups and numerous other successes along the way.In that time, support for both the province and the game in general has grown considerably with Leinster very much now a firm part of the Dublin and Irish sporting fabric.Plus: positive news for sport in Ireland in the 2019 budget, the IRFU's strategic plan, new stadiums rising and a new initiative to boost female participation in sport. The Irish Times Inside Business Podcast is a weekly programme dedicated to Irish business and economics, featuring award winning journalists, analysts and industry experts presented by Business Editor Ciarán Hancock, in association with Irish Life. Hosted on Acast. See acast.com/privacy for more information.
10/24/2018 • 42 minutes, 10 seconds
Interview: AIB Chief Executive, Bernard Byrne
On this week’s show AIB chief executive Bernard Byrne is in the hot seat to answer questions on a wide variety of topics including housing and rip-off mortgage rates, Brexit, bankers’ salaries and bonuses, when Irish taxpayers will be fully repaid for the bailout and whether he gets any hate mail. Ciarán also asks why, a decade after the financial crisis, trust in the banks is still being eroded by scandals like the tracker mortgage controversy. Hosted on Acast. See acast.com/privacy for more information.
10/17/2018 • 51 minutes, 51 seconds
Budget 2019 Special with Fiach Kelly, Fiona Reddan, Cliff Taylor and Liam Diamond
Paschal Donohoe’s Budget 2019 has a little something for everyone, but the goodies are spread widely across tax and welfare. The decision to restore VAT to 13.5 per cent for hotels, restaurants and hairdressers will be a hot topic, though perhaps not quite as hot as the lack of action on the carbon tax, in a week when climate change experts delivered their starkest ever predictions on global warming. The ‘squeezed middle’ will gain €250 a year, €1.25bn has been allocated for social housing, there’s a rainy day fund and a chunk of change has been set aside for Brexit proofing.Joining Ciarán Hancock to go through the main points of Budget 2019: Fiach Kelly, Cliff Taylor, Fiona Reddan and Liam Diamond, Tax Partner at PricewaterhouseCoopers.Produced in association with Irish Life. Hosted on Acast. See acast.com/privacy for more information.
10/9/2018 • 27 minutes, 16 seconds
Budget 2019: Scrooge, Santa or Sensible? / Ryanair in a Tailspin
September tax returns give Paschal Donohoe little scope for surprise giveaways in Budget 2019, unless he raises taxes elsewhere. Will that see hoteliers lose their coveted 9 per cent VAT rate? Is it possible to Brexit-proof the economy? Ahead of the announcement next Tuesday, Chief economist at KBC Bank Austin Hughes and Irish Times business journalist Eoin Burke-Kennedy go through the numbers.Also: There was further turbulence at Ryanair this week after it issued a profit warning and lowered its earnings guidance. Barry O’Halloran has the story.Plus: Laura Slattery has a roundup of some of the other stories making the headlines this week, including property developer Sean Dunne’s continued tale of woe after a High Court judge called him a “deeply dishonest” witness when extending his bankruptcy to just shy of the 15-year maximum. Hosted on Acast. See acast.com/privacy for more information.
10/3/2018 • 41 minutes, 23 seconds
The Guarantee, Ten Years On - With Simon Carswell
It is ten years since the decision was taken to guarantee six Irish banks, a decision that has been debated ever since. Public Affairs Editor Simon Carswell, then Finance Correspondent, takes us back to the day for a fresh look at what took place.Produced in association with Irish Life. Hosted on Acast. See acast.com/privacy for more information.
9/26/2018 • 34 minutes, 28 seconds
Peter McKenna on the GAA's Year & Croke Park's Future - The Business of Sport
Croke Park Stadium Director Peter McKenna talks to Ciarán Hancock and Michael O'Keeffe about another financially successful year for the GAA, how the organisation raises funds (including the controversial Sky deal) and what the future holds for Croke Park. But first Michael has his regular roundup of the major stories in the business of sport, including Nike's big gamble on Colin Kaepernick paying off, the strength of Ladies Gaelic Football and takeover moves in English rugby. Hosted on Acast. See acast.com/privacy for more information.
9/19/2018 • 37 minutes, 39 seconds
Rent: Will Tackling AirBnB Make a Difference? / Ryanair's AGM Media Ban
Under an information-sharing agreement with the Revenue Commissioners, Airbnb is to hand over data on thousands of hosts in Ireland who let out property via the website in 2017. It comes as regulations for greater enforcement in the short-term lettings market are set to be announced next week. But will the new regulations help ease the rental market crisis? Fiona Reddan explains.In an unprecedented move for an Iseq-listed company, Ryanair has banned news media from attending its AGM. But is it naïve for the airline to believe that the meeting won’t be reported on? Irish Times Business Editor Ciarán Hancock shares his thoughts on the decision.Plus: Aryzta, Jean Clude Junker & more with Peter Hamilton. Hosted on Acast. See acast.com/privacy for more information.
9/12/2018 • 27 minutes, 52 seconds
Warnings on Economy as Budget Nears / What Inspectors Mean for INM
With Brexit on the way, should we aim to spend less next year and run a surplus? Central Bank governor Philip Lane has issued a warning suggesting as much to Minister for Finance Paschal Donohoe. Eoin Burke Kennedy and Cliff Taylor have analysis. How bad is this week's court ruling for INM and former chairman Leslie Buckley? Mark Paul explains.Plus: Brexit, Ryanair & more with Pater Hamilton. Hosted on Acast. See acast.com/privacy for more information.
9/5/2018 • 37 minutes, 9 seconds
Inside Lidl: A Tour of the Rebuilt Fortunestown Store
Everyone remembers the wanton destruction of Lidl in Fortunestown, Tallaght last March as the snows of Storm Emma enveloped the country. Now the store has been rebuilt, bigger, better and hopefully sturdier than ever. Ciaran Hancock gets a tour of the store and talks to Alan Barry, Lidl Ireland's Director of Property, about the German discount retailer's plan for growth and some other difficult issues facing the company in Ireland. Inside Business is produced in association with Irish Life. Hosted on Acast. See acast.com/privacy for more information.
8/29/2018 • 27 minutes, 13 seconds
Housing Measures Kick In / After The Bailout, What Next For Greece?
New CSO figures reveal an uptick in new housing construction. Good news for those seeking a home? Sadly its not that simple. Eoin Burke Kennedy and Cliff Taylor discuss.Plus, we talk to economist Phyllis Papadavid of the Overseas Development Institute in Athens about the state of the Greek economy today as the state exits its third and final bailout programme. But first Eoin Burke Kennedy has some of the week's most interesting business news, including figures revealing our national penchant for wine.Produced in association with Irish Life. Hosted on Acast. See acast.com/privacy for more information.
8/22/2018 • 33 minutes, 35 seconds
Turkey in Crisis, Aryzta Cash Call, Web Summit U-Turn
Turkey has been hit by a currency crisis in the past week that, coupled with a tense stand-off with Donald Trump, threatens to wreak havoc on the country. Are we in a new era of ‘strongman economics’? And what is the potential for contagion across the EU? Chief economist at Manulife and John Hancock Asset Management, Megan Greene, joins Cliff Taylor and Ciaran Hancock to discuss.Also on the podcast: Aryzta has announced that it intends to raise €800 million from investors. Joe Brennan has the background.But first, Peter Hamilton has a roundup of some of the other stories making headlines this week, including Paddy Cosgrave’s U-turn on Marine Le Pen’s Web Summit invitation, FBD’s Fiona Muldoon cleared of wrongdoing and a €4 million face-lift for Café en Seine. Hosted on Acast. See acast.com/privacy for more information.
8/15/2018 • 35 minutes, 26 seconds
"The Relationship Has Broken Down": Leslie Buckley & INM / Is Distance Tax A Good Idea?
The relationship between former Independent News and Media chairman Leslie Buckley and his erstwhile employers has turned very sour indeed, as revealed by an exchange of letters between solicitors acting for Buckley and INM. Mark Paul talks us through the story on today's podcast. He also looks at the news that Minister for Finance Paschal Donohoe is considering axing the 9% VAT rate for hotels and guesthouses. But first, Peter Hamilton has a roundup of this week's other stories including more eccentric behaviour from Elon Musk, what Donald Trump's warning means for any Irish companies doing business in Iran and Ryanair's worsening strike headache. And later we host a quick debate between Conor Pope and Michael McAleer on the subject of a proposed "distance driven" tax on motorists to replace the traditional motor tax. Is it fair/right/effective? Hosted on Acast. See acast.com/privacy for more information.
8/8/2018 • 40 minutes, 6 seconds
Business of Sport: FAI's John Delaney
Ciarán Hancock and regular co-host Michael O'Keeffe of Teneo PSG sat down last week with John Delaney, CEO of the Football Association of Ireland, to talk about his role and how the beautiful game is run in Ireland. Topics include the finances of the organisation, finding a sustainable model for the League of Ireland, his management style and salary and his future plans. But first Michael has the latest business of sport news. Hosted on Acast. See acast.com/privacy for more information.
8/1/2018 • 48 minutes, 9 seconds
Banking Culture, No Deal Brexit, Ryanair Jobs Threat
After the release of a sobering report form the Central Bank on the way banks treat consumers, David Hall, well-known for his advocacy on behalf of banking customers in arrears, joins our own Cliff Taylor and Joe Brennan to talk frankly about banking 'culture'. Plus: Columnist Chris Johns on the looming spectre of no-deal Brexit. And Laura Slattery has a roundup of the week's biggest business stories including Ryanair, Google and Elon Musk. Hosted on Acast. See acast.com/privacy for more information.
7/25/2018 • 49 minutes, 34 seconds
Business of Sport: Shamrock Rovers's Ray Wilson
Like most League of Ireland clubs, Shamrock Rovers has experienced financial difficulties over the years. Two years ago Australia-based businessman Ray Wilson invested €1.5 million in the club and mapped out a strategy. But how has it worked out? Ray was in town last week for The Hoops European tie against Swedish league leaders AIK, and he sat down with Ciarán Hancock and Michael O'Keeffe to talk about the challenge of building up the club and the League of Ireland in general, and plans for a Shamrock Rovers academy near the club's stadium in Tallaght.But first it's a business of sport roundup with Michael O'Keeffe, including the sportswear boom, strong results for the IRFU and Cristiano Ronaldo's transfer to Juventus. Hosted on Acast. See acast.com/privacy for more information.
7/18/2018 • 43 minutes, 5 seconds
Ryanair Wins PR Battle, When to Sell Our Bank Shares
This week: 100 Ryanair pilots will go on strike this Thursday (July 12th) for the first time in the airline’s history. But just how effective will the action prove? Only 30 of its 290 scheduled flights out of Dublin that day have been cancelled as a result of the strike, so has Ryanair won the PR battle this time? Barry O’Halloran has the latest.Later in the podcast, Owen Callan, financial analyst with Investec, joins Ciarán Hancock and Cliff Taylor to discuss comments by NTMA chief executive Conor O’Kelly this week, urging the State to sell bank shares as ‘dark clouds’ gather on horizon.But first, Peter Hamilton has a roundup of some of the week’s other stories, including further woe for Irish Ferries and INM back at the High Court in their case with Office for the director of corporate enforcement. Hosted on Acast. See acast.com/privacy for more information.
7/11/2018 • 40 minutes, 46 seconds
Ryanair Strike, Jobs for All, Imports Dent New Car Sales
This week: Ryanair pilots have voted overwhelmingly in favour of a one-day strike on Thursday of next week. Thousands of holidaymakers face disruption after 99 per cent backed industrial action in a union ballot. Barry O’Halloran explains how it has come to this.And, as the unemployment rate falls to its lowest level since October 2007, hitting 5.1 per cent in June, economist Jim Power joins Ciaran Hancock, Cliff Taylor and Eoin Burke-Kennedy for a discussion on the current state of the Irish economy and what needs to be prioritised in October’s budget. But first, Peter Hamilton has a roundup of some of the week’s other stories including an internal investigation at FBD concerning chief executive Fiona Muldoon and an increase in used car imports. Hosted on Acast. See acast.com/privacy for more information.
7/3/2018 • 40 minutes, 24 seconds
Gender Pay Gap Bill, Kastus CEO & Christine Lagarde's in Town
A Bill compelling employers to publish data on their gender pay gaps received Cabinet approval this week. Speaking on today's podcast, Marguerite Bolger SC, an expert in employment law, says it's welcome news but other measures are needed to increase the number of women in better paid roles. She joins Ciarán Hancock and Irish Times journalist Laura Slattery to discuss the pros and cons of the Bill and what impact it might have. Later in the show: As the deadline for this year's Irish Times Innovation Awards approaches, Ciarán talks to John Browne, CEO of last year's winner Kastus. The company produces anti-microbial technology, which has been making waves internationally since taking the top award for 2017. This year's deadline is Friday July 6th.But first, as always, Peter Hamilton has a roundup of some of the week's other stories, including IMF MD Christine Lagarde's visit to Dublin this week and why motorcycle maker Harley-Davidson has fallen foul of Donald Trump. Hosted on Acast. See acast.com/privacy for more information.
6/27/2018 • 54 minutes, 36 seconds
A New Approach to Housing / David Duffy on CYBG's Virgin Money Deal
Rip it up and start again - That's what is needed to tackle the housing crisis, according to Orla Hegarty, a lecturer and an assistant professor of Architecture at UCD. On today's episode, she tells Ciaran that tinkering with existing policy isn't working for anybody and a whole new approach is what is needed. She is joined by president of the Construction Industry Federation and managing director of John Flanagan Developments, Dominic Doheny, and Irish Times business journalist Eoin Burke-Kennedy to discuss the problems blighting the construction sector.In the second half of the show, Ciaran talks to former head of AIB and current chief executive of Clydesdale and Yorkshire banks, David Duffy, about his group's take-over of Virgin Money in a £1.7 billion (€1.94 billion) deal.But first, Peter Hamilton has a roundup of the week's news, including the Summer Economic Statement and Apple chief Tim Cook's visit to Ireland. Hosted on Acast. See acast.com/privacy for more information.
Is Ireland a tax haven?It’s a case of semantics it seems, but what really matters is that many countries see Ireland as the bad guy when it comes to tax.On this week’s podcast, Mark Paul, Cliff Taylor and Barry O’Halloran join Ciarán to discuss a study from the Universities of Copenhagen and Berkeley in California, which labels Ireland “the world’s biggest tax haven” and states that profits moved through the Republic topped the Caribbean.Also on the show: Has Nama done a good job? And, as it becomes clear that there is a majority in favour of a soft Brexit in Westminster, what does it mean for Theresa May?But first, Peter Hamilton has a roundup of some of the other stories hitting the headlines this week, including a Revenue crackdown on AirBnB hosts, Dublin makes world’s most expensive list and Wetherspoons to cut champagne after Brexit. Hosted on Acast. See acast.com/privacy for more information.
6/13/2018 • 40 minutes, 34 seconds
David Drumm Convicted, Smurfit Deal Falls Through, The Economic Picture with Seamus Coffey
First Peter Hamilton has a roundup of the week's major business news including the conviction of former Anglo Irish Bank CEO David Drumm, more data problems for Facebook, Italian markets and the collapse of building company Sammon. Then our markets correspondent Joe Brennan explains how the proposed acquisition of Smurfit Kappa by IP fell apart and what comes next. Finally we're joined by Seamus Coffey, chairman of the Fiscal Advisory Council, and business journalist Eoin Burke Kennedy to talk about the latest FAC report which paints a positive picture of the Irish economy. But the underlying weak budgetary position has not changed, says Mr Coffey. Hosted on Acast. See acast.com/privacy for more information.
6/6/2018 • 26 minutes, 49 seconds
The Business of Sport: Is Russia ready for the World Cup?
This week it’s our regular Business of Sport section and for that, we’re joined again by Mick O’Keeffe of Teneo PSG.In just over a fortnight’s time, the 2018 Fifa World Cup kicks off in Russia, with the tournament likely to generate billions for both the association and the local economy.Patrick Nally is considered the founding father of modern sports marketing and the man responsible for the commercial resurrection of the Fifa World Cup, brokering a sponsorship deal for the tournament with Coca Cola that lasted for four decades.He talks to Ciarán Hancock and Mick O’Keefe about Fifa’s toxic image in recent years, how that has led to a loss of trust in the brand and why this might be the first World Cup since 1978 that he won’t be attending.Also in this episode, Marc Bennetts, a Moscow-based journalist who has written for The Times, The Guardian and Politico, on what preparations have been like on the ground in Russia.But first, Ciarán and Mick discuss the major sport business themes of the month, including a number of big Irish sponsorship and broadcast rights deals, sports betting in the US and a move by the Irish Open to Lahinch, Co Clare in 2019. Hosted on Acast. See acast.com/privacy for more information.
5/30/2018 • 38 minutes, 56 seconds
Italy's Markets, Results at Greencore & Ryanair and Zuckerberg in Brussels
Economist Megan Greene talks to Cliff Taylor about market turbulence in Italy sparked by political upheaval. They also look at trade tensions between the US and China. Later, Joe Gill of Goodbody Stockbrokers and Eoin Burke-Kennedy on the response of investors to results at two Irish companies: Greencore and Ryanair. But first, Laura Slattery has a roundup of some of the week’s other stories. Hosted on Acast. See acast.com/privacy for more information.
5/23/2018 • 36 minutes, 6 seconds
Prof Edgar Morgenroth on IMF warnings, Housing, Metrolink, & more
The IMF's urged the Government not to cut taxes in the upcoming budget, to protect against future fiscal shocks. DCU professor of economics Edgar Morgenroth, Cliff Taylor and Eoin Burke-Kennedy discuss why Finance Minister Paschal Donohoe would do well to heed the warning, contained in the fund's latest assessment of State’s economic performance.They also discuss whether Ireland is headed for another property bubble, if it is time for price parity between petrol and diesel, and why the government must get the planning for MetroLink right, if it is get any bang for its buck. But first, Peter Hamilton has a roundup of some of the week’s other stories, including Glanbia chief executive Siobhán Talbot being named The Irish Times Business Person of the Year for 2018 Hosted on Acast. See acast.com/privacy for more information.
5/16/2018 • 36 minutes, 35 seconds
Brexit & Irish Timber: 12,000 Jobs Under Threat
The timber industry contributes about €2.3 billion to the Irish economy each year and supports 12,000 jobs in rural Ireland. But with some 78 per cent of the output exported overseas, the implications of Brexit are obvious. To discuss this industry and the threat it faces, Ciarán is joined by Coillte CEO Fergal Leamy, John Murray, owner of Murray Timber, and Lucinda Creighton, MD of Vulcan Consulting. But first Eoin Burke Kennedy is here to talk about his selection of the day's major business news, including soaring property prices, Google and Facebook backing away from political advertising and a proposed levy on diesel. Hosted on Acast. See acast.com/privacy for more information.
5/9/2018 • 36 minutes, 8 seconds
Leopardstown Land Row & Davy's Upbeat Forecasts
A row has erupted over a controversial decision by Dun Laoghaire Rathdown county council to place land around Leopardstown racecourse on its Vacant Sites Register. Olivia Kelly and Barry O'Halloran have the details on the story. Later, Davy's chief economist Conall Mac Coille on the stockbroker's latest upbeat economic forecasts. But first, Peter Hamilton has a roundup of some of the other stories this week, including the EU’s Multi Annual Financial Framework and mixed news on Ireland’s cost of living. Hosted on Acast. See acast.com/privacy for more information.
5/2/2018 • 40 minutes, 28 seconds
Smyths Toys Super Expansion, Ulster Bank & Irish Ferries
On today's podcast, Mark Paul talks to Ciarán Hancock about Irish-owned Smyths Toys €79 million European expansion. Conor Pope reports on two consumer scandals involving Irish Ferries and Ulster Bank. But first, Eoin Burke-Kennedy has a roundup of some of the week’s other stories, including the latest developments in the tracker mortgage scandal and an agreement for Apple to begin paying its Irish tax bill. Hosted on Acast. See acast.com/privacy for more information.
4/25/2018 • 35 minutes, 3 seconds
INM, Growth Forecast Raised & Facebook's Contrition Tour
Mark Paul and Simon Carswell talk to Ciarán Hancock about the latest developments in the INM saga. Also, Eoin Burke-Kennedy has the details of the government’s latest Stability Programme Update. But first, Laura Slattery has a roundup of some of the other stories this week, including the appearance of senior Facebook executive Joel Kaplan at an Oireachtas Committee. Hosted on Acast. See acast.com/privacy for more information.
4/18/2018 • 40 minutes, 51 seconds
The Business of Sport with Cricket Ireland's Warren Deutrom
Our cricket players have had some notable success in the last few years, but would still be more likely to get recognised on the street in Delhi than here in Dublin. Might that be about to change? This week host Ciarán Hancock and Michael O'Keeffe of Teneo PSG are joined by Cricket Ireland CEO Warren Deutrom to talk about Ireland's elevation to Test Nation status and what that means for the future of the game in Ireland.But first Michael has all the latest news from the sports business world, including Conor McGregor's endangered sponsorships, the staggering growth of fees paid to player agents, and commercial deals for the 2018 World Cup in Russia. Hosted on Acast. See acast.com/privacy for more information.
4/11/2018 • 51 minutes, 12 seconds
INM, Employers and Data, Tariffs: China Fires Back, New Exchequer Figures
On today's podcast: Colm Keena on the alleged data breach at INM Data expert Daragh O'Brien on what employers can and can't do with your emailsEconomist Megan Greene on the return of tariffs. What is President Trump's next move?Eoin Burke-Kennedy has the latest Exchequer returnsAnd Peter Hamilton has the rest of this week's business news, including accelerating house building and some much-needed good news for tech. Hosted on Acast. See acast.com/privacy for more information.
The Office of the Director of Corporate Enforcement escalated its investigation into Independent News & Media this past week, confirming its intention to seek the appointment of a High Court inspector to the company. Irish Times legal affairs correspondent Colm Keena has the background. Also, Joe Brennan on jobs cuts at Bank of Ireland and Chris Johns on renewed stock market turbulence. But first, Laura Slattery has a roundup of some of the week’s stories including Central Bank figures showing around 350,000 people in Ireland used moneylenders last year and a survey by communications regulator Comreg, suggesting Netflix is used by at least 500,000 Irish households. Hosted on Acast. See acast.com/privacy for more information.
3/28/2018 • 38 minutes, 29 seconds
Interview: Jack O'Connor on Siptu, Labour and “fortunate” Fine Gael
Former Siptu president Jack O’Connor talks to Ciarán Hancock about his plans to contest the next general election for the Labour party, why Minister for Finance Paschal Donohoe is more fortunate than competent, Labour's past mistakes, the future of work, and more.But first, Peter Hamilton has a roundup of the week’s news stories, including falling Facebook shares in the wake of the Cambridge Analytica scandal, the threat to corporate tax here due to an EU digital tax and the Irish champagne sales losing their fizz. Hosted on Acast. See acast.com/privacy for more information.
Husband and wife founders of Waterford based Immersive VR Education, David and Sandra Whelan, talk to Ciarán Hancock about the holding company's €6.7m IPO on the London and Irish stock markets this week. Also, Cliff Taylor on the European Commission’s plans for a digital tax and what impact it could have on Ireland. But first, Laura Slattery has a round-up of the week’s stories, including a planned redesign of Aer Lingus uniforms, the latest tourism figures and Paddy McKillen Jnr’s Press Up hospitality group’s potential stock market flotation. Hosted on Acast. See acast.com/privacy for more information.
3/14/2018 • 34 minutes, 55 seconds
The Business of Racing with Cheltenham MD Ian Renton
This week it's our regular Business of Sport section. And due to popular demand, we've gone and devoted the entire episode to sport. For that we're joined again by Mick O'Keeffe of Teneo PSG. Cheltenham Festival, taking place next week, is the fourth-largest sporting event in the United Kingdom, with a quarter of a million attendees - a figure swelled by an annual influx of Irish racing enthusiasts.Ciaran and Mick talk to Ian Renton, MD of Cheltenham, about the success of the festival, plans to expand, the problems posed by Brexit and the importance of the green contingent.They're also joined by our own resident racing expert Barry O'Halloran who shares a few tips for next week's races. But before all that Ciarán and Mick go through the major sport business themes of the month, including the GAA's ban on gambling sponsorship, the impact of a Six Nations home game on local business and stadium naming rights. Hosted on Acast. See acast.com/privacy for more information.
It has been another week of confusing Brexit negotiations, but one things for certain – they aren’t going well. On today’s podcast, Cliff Taylor joins Ciarán Hancock to make sense of it all. Could Ryanair really pull out of the UK after it leaves the EU? Barry O’Halloran has the latest and Eoin Burke-Kennedy on accelerating wage growth.But first Peter Hamilton brings us a round-up of the week’s business news. Hosted on Acast. See acast.com/privacy for more information.
2/28/2018 • 36 minutes, 3 seconds
Are ‘Vulture Funds’ Part of the Solution?
Ross Maguire founder of New Beginning joins Cliff Taylor and Ciarán Hancock to discuss how Irish banks have allowed non-performing loans to pile up since the economic crash, why they need them off their books and the role that 'vulture funds' could play in solving the problem.But first, Peter Hamilton brings us a round-up of the week’s business news, including the withdrawal of Philip Lane’s name from the race for the ECB presidency and the news that a second Jamie Oliver restaurant is on the way for Dublin, in contrast with the TV chef’s UK fortunes. Hosted on Acast. See acast.com/privacy for more information.
2/21/2018 • 36 minutes, 59 seconds
Confidence Soars, As Does Rent / Interview: Robert Finnegan, CEO of Three Ireland
Robert Finnegan, CEO of Three Ireland is in the hotseat on this week's podcast. He talks to Ciarán about his company's place in the Irish mobile market, the success of "All You Can Eat" data, the advent of 5G, rural broadband, and Three's sponsorship of the Irish football team. But first Peter Hamilton has a roundup of the week's business news, including rocketing property prices and rents, soaring consumer confidence, and another confounding week in the crazy world of crypto-currencies. Hosted on Acast. See acast.com/privacy for more information.
2/14/2018 • 29 minutes, 27 seconds
Trading Turbulence, Economic Growth & National Development Plan
Wild trading in the US, sparked by fears that rising inflation could force central banks worldwide to hike interest rates, saw volatility return to global stock markets in recent days.Irish Times columnist Chris Johns joins Ibec’s chief economist Fergal O’Brien, Cliff Taylor and Ciarán Hancock to discuss whether this is merely a temporary correction, or a hint of something more worrying to come.Also on the podcast, the EU Commission’s latest estimate showing that Ireland’s economy grew three times faster than the wider euro area last year, the Federal Reserve’s new chairman, Brexit and the merits of the government’s National Development Plan. Hosted on Acast. See acast.com/privacy for more information.
2/7/2018 • 37 minutes, 46 seconds
IRFU's Philip Browne on the Business Side of Rugby
The news that VW tested diesel engine emissions by exposing monkeys to the fumes is a PR disaster for the company - another one. But will it matter to its bottom line? Or will the negative findings of the tests harm the diesel market? From Germany, Berlin Correspondent Derek Scally, and from his desk, Motoring Editor Michael McAleer are here to tell us. After that, in our monthly focus on the business of sport, Ciaran and Michael O'Keeffee of Teneo PSG talk to IRFU CEO Philip Browne about the Rugby World Cup bid, doing a deal with TV3, the price of Six Nations tickets and more. Finally, Michael fills Ciarán in on all the big sports business stories of the moment. Hosted on Acast. See acast.com/privacy for more information.
1/31/2018 • 44 minutes, 15 seconds
Trumponomics, Tracker Mortgage Revelations, Dominant Dublin, Our Man in Davos
How has the Trump economy so totally confounded the negative expectations of a year ago? What did we learn about the tracker mortgage scandal from AIB CEO Bernard Byrne's appearance at the Oireachtas finance committee ? And what is stopping us from making real competitors to Dublin out of places like Cork and Limerick, before the entire country becomes a commuter belt and the M50 finally grinds to a permanent halt? In part one of today's Inside Business podcast, Business Editor Ciarán Hancock probes Cliff Taylor and Eoghan Burke-Kennedy for answers to those questions. In part two, Markets Correspondent Joe Brennan reports on the goings-on at the World Economic Summit in Davos, Switzerland. Hosted on Acast. See acast.com/privacy for more information.
1/24/2018 • 31 minutes, 13 seconds
Are Irish CEOs really worth it? & CSO's Labour Force Survey
A study of executive salaries at Irish companies by the Irish Congress of Trade Unions (Ictu) released this week, shows the gap between the pay packets of chief executives and the average worker is widening, while bonuses are on the up.Laura Slattery is joined by Ictu's Dr Peter Rigney, Global FDI director at Morgan McKinley Trayc Keevan and Irish Times business affairs correspondent Mark Paul to discuss the findings.Also on the show: the CSO has introduced its Labour Force Survey to replace the Quarterly National Household Survey as the most accurate barometer of conditions in the Irish labour market. Eoin Burke Kennedy explains what it says about the state of Irish employment. Hosted on Acast. See acast.com/privacy for more information.
1/17/2018 • 28 minutes, 23 seconds
On Site with Michael Stanley of Cairn Homes
Demand for residential property in Dublin is sky-high, particularly around Grand Canal Dock. That's where development company Cairn Homes is building 122 new apartments. But the hefty price tag means they are not for everyone. Cairn CEO Michael Stanley showed Ciarán around the building and talked about the high cost of construction, why we need to add more floors to our city centre buildings and what needs to be done to ameliorate the acute shortage of housing. But first Joe Brennan pops in to tell us about the history of Cairn. Hosted on Acast. See acast.com/privacy for more information.
1/10/2018 • 32 minutes, 9 seconds
Examining the Hotel Trade with Tim Fenn
2017 was another busy year for the Irish hotel industry with many new openings, customer growth and increased room rates. Tim Fenn, CEO of the Irish Hotels Federation, talks to Ciarán about the industry: the health of the market, whether value for money is being eroded, the impact of Brexit and the fight to retain the 9% VAT rate. Hosted on Acast. See acast.com/privacy for more information.
1/3/2018 • 33 minutes, 49 seconds
Growth in a Time of Uncertainty: Ireland's economy in 2018
What challenges and opportunities face the Irish economy and business in 2018? Bank of Ireland chief executive Francesca McDonagh, Ibec CEO Danny McCoy and Irish Times columnist and technology entrepreneur Chris Horn, join Ciaran Hancock to look ahead to the next 12 months. Hosted on Acast. See acast.com/privacy for more information.
12/27/2017 • 43 minutes, 42 seconds
2017 in Review & the Business of Sport with John Treacy, CEO Sport Ireland
Cliff Taylor joins Ciarán Hancock to discuss what led to Ireland having Europe's fastest growing economy in 2017. Also casting a glance back at the year that was, Laura Slattery chronicles the ups and downs at RTÉ, Mark Paul reviews the extraordinary goings on at Independent News and Media, while Dominic Coyle and Joe Brennan have the latest on the ongoing tracker mortgage scandal and what might happen next.In the second part of the show, Sport Ireland CEO John Treacy is this month’s guest on the Business of Sport, co-hosted by Mick O’Keeffe of Teneo PSG. Hosted on Acast. See acast.com/privacy for more information.
12/20/2017 • 1 hour, 1 minute, 5 seconds
Brexit Chaos is Real, Bitcoin Bubble & Ryanair's Pilot Strike
Irish Times columnist Chris Johns joins Laura Slattery and Cliff Taylor to discuss the Great Brexit Fudge and an apparent comeback by Prime Minister Theresa May. Also on today's podcast, Proinsias O'Mahony on the Bitcoin bubble and Barry O'Halloran on Ryanair's industrial relations woes. Hosted on Acast. See acast.com/privacy for more information.
Chief economist at Davy Conall Mac Coille joins Washington correspondent Suzanne Lynch, Cliff Taylor and Ciarán Hancock to discuss the failed Brexit talks, US tax reform and what it might mean for Ireland. The panel also look at the exchequer returns for the first 11 months of this year and what they tell us about the health of the Irish economy. Hosted on Acast. See acast.com/privacy for more information.
12/6/2017 • 30 minutes, 19 seconds
A Little Good News for First-Time Buyers / The Business of Sport with Mick O'Keeffe
Today we're excited to introduce a new monthly feature on Inside Business: The Business of Sport. Together with Mick O'Keeffe, CEO of communications company Teneo PSG and former Dublin footballer, we'll be examining the stories where sport and business interact. Joining us for the our first instalment of The Business of Sport is Paraic Duffy, Director General of the GAA. He talks to Ciarán and Mick about getting to grips with the vast machine that is the modern GAA, what missing out on the Rugby World Cup bid means for development of gaelic stadia, and the future of GAA broadcasting - could RTÉ lose more games to rivals?But first Ciarán talks to Cliff Taylor about the Central Bank's relaxation of some of the macroprudential rules governing lending to prospective homebuyers. Some good news for first time buyers at last? Hosted on Acast. See acast.com/privacy for more information.
11/29/2017 • 40 minutes, 12 seconds
Does Black Friday add up? & Hammond's 'safety first' UK Budget
In today's episode, Deputy Chief Executive of Retail Excellence Ireland, Lorraine Higgins and Irish Times consumer affairs correspondent Conor Pope go head-to-head on the merits of Black Friday.And, in the second part of the show, Denis Staunton joins Ciaran Hancock and Cliff Taylor on the line from London, where the Chancellor of the Exchequer Philip Hammond delivered the UK’s autumn budget earlier this afternoon. Hosted on Acast. See acast.com/privacy for more information.
11/22/2017 • 33 minutes, 26 seconds
The Single Malt: A Neat Trick & Is Airbnb hurting long-term rent market?
Are landlords are leaving long-term rentals, switching to the more lucrative short-term market? What's going on with a potential personal data breach at INM? And what are the latest developments in the tracker mortgage scandal? Fiona Reddan, Mark Paul and Joe Brennan join Ciarán Hancock to discuss.In the second part of the show, Peter Vale, tax partner at Grant Thornton, is in studio with Deputy Business Editor Dominic Coyle to talk about the “Single Malt” tax loophole, which companies are now turning to after other structures were shut down in recent years. Hosted on Acast. See acast.com/privacy for more information.
11/15/2017 • 32 minutes, 33 seconds
Tax Paradise Islands, Clever Tech at Web Summit
"It might be legal there, but that's because very little is illegal there".Richard Murphy and Colm Keena join Ciarán Hancock to talk about the wonderful world of offshore tax avoidance revealed in the Paradise Papers. Colm looks at the details of the Irish cases found among the cache of leaked documents, while Richard explains the unusual way in which the Isle of Man has managed to fund itself while offering a 0% corporate tax rate. They also discuss our own status in the international tax community. How realistic is an international approach to thwarting tax avoidance, and what role should Ireland play? Richard Murphy is professor of practice in international political economy at City University, technical director of the Fair Tax Mark and director of Tax Research UK. Colm Keena is Legal Affairs Correspondent with The Irish Times. In part two, our reporter Charlie Taylor reports on the clever robots and gregarious AI systems that, along with tens of thousands of techie humans, populate this year's Web Summit in Lisbon. Hosted on Acast. See acast.com/privacy for more information.
11/8/2017 • 38 minutes, 32 seconds
Listening Habits, Resilient Ryanair & Rugby Bid Blues
This week's podcast looks at the latest radio listenership figures, Ryanair's healthy profits despite the problems of the past months, and why Ireland's bid for the Rugby World Cup was ranked third behind France and South Africa, meaning likely disappointment for Irish rugby fans and also for Ireland Inc. Hosted on Acast. See acast.com/privacy for more information.
11/1/2017 • 27 minutes, 39 seconds
"It’s too scary to even think about” - Tracker Mortgage Scandal
A woman who says she was taken off her tracker mortgage by Permanent TSB without her knowledge in 2006, has described her future as “too scary to even think about.”On today’s Inside Business podcast, Marian Kenny tells Ciaran Hancock that she sees no use in naming and shaming the banks involved in the tracker mortgage scandal because “you need to have a conscience to feel shame”.In the second part of the show, chief executive of Irish Mortgage Holders David Hall joins Cliff Taylor to discuss how the crisis may eventually be resolved, if at all.The panel also reacts to the Minister for Finance Paschal Donohoe’s statement on Wednesday, that most of the tracker mortgage customers who have already been identified as being affected by the scandal will receive compensation by the end of the year. Hosted on Acast. See acast.com/privacy for more information.
10/25/2017 • 51 minutes, 24 seconds
Gavin O'Reilly on The Red Flag Case, INM Today & Sir Anthony's Life After Business
Gavin O'Reilly, former CEO of Independent News & Media, Chairman of Red Flag Consulting and son of Sir Anthony O'Reilly, talks to Ciarán Hancock about the case Denis O'Brien has taken against Red Flag, corporate governance at INM today and his father's life after business. He also talks about his own life in business, from advertising and stockbroking to the music and newspaper industries, and an unusual encounter with disgraced movie producer Harvey Weinstein. Hosted on Acast. See acast.com/privacy for more information.
10/19/2017 • 56 minutes, 31 seconds
Budget Special with Cliff Taylor, Marian Finnegan(SherryFitzGerald) & Peter Reilly(PwC)
To look at the measures introduced in today's budget, Business Editor Ciarán Hancock is joined by Fiach Kelly and Cliff Taylor (The Irish Times), Peter Reilly (PwC) and Marian Finnegan (Sherry FitzGerald). Hosted on Acast. See acast.com/privacy for more information.
10/10/2017 • 35 minutes, 15 seconds
Live: The Future of Retail with Maurice Pratt, Lorraine Higgins, David McRedmond & Lorcan O'Connor
Inside Business Podcast LIVE at the GPO: "The Future Of Retail"Irish Times Business Editor Ciaran Hancock talked to a panel of retaill experts about the future of the industry in the digital age for our second ever live recording of Inside Business. The event took place at the G.P.O.'s Witness History museum on O'Connell Street, Dublin. On the panel: Maurice Pratt, formerly the face of Quinnsworth and Tesco Ireland, current chairman of pharmacy chain Unipharm, and a director both of Boyne Valley food group and Donnelly's fruit and veg. Lorraine Higgins, Deputy Chief Executive of Retail Excellence Ireland and a former Labour Party senator. Lorcan O'Connor, a director of the Carrolls Irish Gifts chain and chairman of Dublin Town, the business improvement organisation. Dave McRedmond, CEO of An Post, former head of TV3 and Operations Manager with Waterstones. GPO Witness History is a brand new permanent visitor attraction in the iconic GPO building on O’Connell Street, Dublin. This highly immersive and engaging exhibition puts you right inside the GPO during Easter Week in 1916. Hosted on Acast. See acast.com/privacy for more information.
10/4/2017 • 1 hour, 5 minutes, 48 seconds
Ryanair in Trouble? & Hospitality Sector VAT North and South
Ryanair is making headlines for all the wrong reasons for a second week running, with 400,000 customers set to be affected by further flight cancellations over the winter period.On the latest Inside Business podcast, Barry O’Halloran says Michael O’Leary’s airline could have been forgiven for an isolated mess up that led to last week’s PR disaster and the cancellation of two per cent of its flights over a six week period, but this latest crisis gives the impression of an organisation that is stumbling.He is joined by consumer affairs correspondent Conor Pope who says Mr O’Leary’s announcement that Ryanair is to “grow more slowly” over the coming months due to “sensible schedule changes” is a nicer way of saying that he doesn’t have enough pilots or crew to cover shifts.In the second half of the show presenter Dominic Coyle speaks to CEO of Hospitality Ulster Colin Neill, Adrian Cummins of the Restaurants Association and Irish Times business affairs correspondent Mark Paul, about the thorny issue of the hospitality sector VAT rate, either side of the border. Hosted on Acast. See acast.com/privacy for more information.
9/27/2017 • 29 minutes, 58 seconds
Michael O'Leary's Raging & Future-Proofing At The Ploughing
It's been a week of uncharacteristically poor PR management at Ryanair with the airline forced to cancel 2 per cent of its flights over the next six weeks, due to a cock-up concerning pilots holidays.Irish Times Consumer Affairs correspondent Conor Pope says Michael O'Leary is clearly raging over the blunder but it's unlikely to have any lasting impact on the brand.He joins business reporter Barry O'Halloran to discuss the crisis affecting more than 300,000 of the airline's customers.In the second part of the show Business Affairs correspondent Mark Paul hits the National Ploughing Championships to take the pulse of Ireland's agriculture sector and find out what farmers are most concerned about with Brexit just around the corner. Hosted on Acast. See acast.com/privacy for more information.
9/20/2017 • 31 minutes
John Teeling on mining: "I've made more than I've lost" & Lidl Fashion
John Teeling has been in the mining business since 1969. Since then he says he has had "two or three big winners, that's all" but he has made more money than more he has lost.John Teeling has been in the mining and exploration business since 1969 and says he has had "two or three big winners, that's all" throughout his career, but he has made more money than he has lost.In the second part of the show, Fiona Reddan has the details of Lidl’s foray into High Fashion with a new clothing line in stores next week designed by the German supermodel Heidi Klum. Hosted on Acast. See acast.com/privacy for more information.
9/13/2017 • 33 minutes, 1 second
Pre-Budget Submissions: The Fiscal Council & Tourist Industry Confederation
The Fiscal Advisory Council and the Irish Tourist Industry Confederation both launched pre-budget submissions this week. FAC chairman Seamus Coffey urges caution and tells presenter Ciarán Hancock that the body will be watching with interest to see what Leo Varadkar and Paschal Donohoe will do with their first budget.In the second part of the show, Irish Tourist Industry Confederation chief executive Eoghan O’Mara-Walsh explains why the State should spend €60 million each year for a decade on developing new visitor attractions. Hosted on Acast. See acast.com/privacy for more information.
9/6/2017 • 36 minutes, 45 seconds
Property, PTSB & Ballydoyle at the WRC
On today's podcast, Eoin Burke-Kennedy on the ongoing social housing shortage and Joe Brennan has the details of new Irish property venture, Oaktree, which hopes to list on the Irish stock market.In the second half of the show, Mark Paul and Martin Wall are in studio to talk about WRC hearings relating to working conditions for grooms and exercise riders at Ballydoyle racing yard. Hosted on Acast. See acast.com/privacy for more information.
8/30/2017 • 36 minutes, 48 seconds
INM, Cerberus, QuinnBet, Rent Spikes
Irish Times journalists discuss the big business stories of the week. This week: Mark Paul on INM's boardroom battle, Barry O'Halloran on Cerberus's moves against debtors in the courts and Sean Quinn's move into online betting, and Fiona Reddan on the massive increase in rents - bad news for tenants, but a big opportunity for homeowners with a spare room. Hosted by Ciaran Hancock. Produced in association with Irish Life. Hosted on Acast. See acast.com/privacy for more information.
8/23/2017 • 31 minutes, 55 seconds
The Case For Athlone City & UK Brexit Border Position Paper
"An absolutely magnificent idea", is how economist Jim Power views the prospect of Athlone City. He joins Destination Athlone Chairman John O'Sullivan and Irish Times business journalist Mark Paul to discuss the Westmeath town's push to be designated a regional city under the State’s new spatial plan.In the second part of the show, Cliff Taylor and presenter Ciarán Hancock go through the UK's Brexit border position paper with a fine tooth comb. Hosted on Acast. See acast.com/privacy for more information.
8/16/2017 • 38 minutes, 34 seconds
Ireland's 'Lost Decade', Paddy Power Betfair CEO's Exit & Google Sexism
According to a new economic outlook from Goodbody Stockbrokers this week, Ireland’s economy is returning to its “previous peak” with close to full employment and domestic spending back at 2007 levels. So, has Ireland's economy really emerged from a "lost decade"?Irish Times business journalist Fiona Reddan joins presenter Laura Slattery and deputy business editor Dominic Coyle to discuss the report’s findings, while Barry O’Halloran has the details on the departure of Breon Corcoran as CEO of Paddy Power Betfair and what’s to become of the former Irish Central Bank building on Dublin’s Dame Street. In the second part of the show, tech columnist Davin O'Dwyer has the latest on Google’s sexism row, sparked by an employee’s 10-page letter about gender at the company. Hosted on Acast. See acast.com/privacy for more information.
8/9/2017 • 34 minutes, 27 seconds
Ireland 'ahead of the posse' for Brexit & Tax Strategy Group
President of the Irish Exporters Association Nicola Byrne explains why Ireland is “way ahead of the posse” in preparing for Brexit.There is still a lot to do, but there is also a “huge amount that can happen in the right direction” for Ireland after Britain leaves the European Union, she tells presenter Cliff Taylor.They are joined by associate research professor at the Economic and Social Research Institute Martina Lawless, who outlines what the worst-case scenario could be when it comes to tariffs and barriers, and why paperwork may be a bigger concern for many Irish exporters post-Brexit.In the second half of the show, Irish Times business journalist Fiona Reddan takes us through some of the ideas being mooted by the department of finance’s tax strategy group, including the prospect of abolishing relief on family homes from capital gains tax when they are sold. Hosted on Acast. See acast.com/privacy for more information.
8/2/2017 • 32 minutes, 9 seconds
Wheels Coming Off Germany's Auto Industry & The BBC's Pay Gap Row
The wheels are starting to come off the German auto industry, with the country’s five biggest car makers facing allegations that they have engaged in cartel-like behaviour for more than a decade. Speaking on the latest podcast, Irish Times Berlin Correspondent Derek Scally says the industry, worth around €400 billion to the German economy annually, is too big to fail, but if the latest allegations are proved to be true then the diesel emissions scandal at Volkswagen will prove to have been just the opening act.In the second part of the show, Laura Slattery has the background on the row over the gender pay gap at the BBC and what the spill-over might be for RTÉ. Hosted on Acast. See acast.com/privacy for more information.
7/26/2017 • 27 minutes, 32 seconds
Brexit's Impact / Personal Contract Plans
We return to the topic of Brexit. Patrick Smyth in Brussels has the latest on negotiations between the EU and UK taking place this week. Joe Brennan tells us about the latest announcements and rumours around banking and insurance moves, while Eoin Burke Kennedy looks at the impact so far on Irish industries. In part two our resident motoring expert Michael McAleer explains the financing method that up to 30% of those buying brand new cars in Ireland are now using. A Personal Finance Plan is a good option for many - but not for all. And more regulation may be needed, says Michael. Hosted on Acast. See acast.com/privacy for more information.
7/19/2017 • 34 minutes, 18 seconds
Weighing Up 'The Summer Statement' With Cliff Taylor, Jim Power & Joe Brennan
We look over the components of Minister for Finance Paschal Donohoe's summer statement on the public finances. Is there any need for a rainy day fund at all? What kind of capital investment should be prioritised? Should the 9% VAT rate for tourism go? Cliff Taylor, Jim Power and Joe Brennan join Ciarán Hancock to tackle those questions and more. Hosted on Acast. See acast.com/privacy for more information.
7/12/2017 • 35 minutes, 45 seconds
Motor Insurers Under The Spotlight, Tax Take, Waiting for Broadband
As our absent host Ciaran Hancock pointed out in his column this week, few tears will have been shed among the public at news that motor insurance providers were raided yesterday by the European Commission. But what's really going on behind closed doors in the industry? Joe Brennan and Cliff Taylor explain why lower premiums are unlikely, no matter what the outcome of investigations. Then Eoin Burke-Kennedy has analysis of the latest exchequer figure returns for the first half of the year, and the interminable wait for provision of rural broadband. Today's podcast is hosted by Dominic Coyle. Hosted on Acast. See acast.com/privacy for more information.
7/5/2017 • 23 minutes, 48 seconds
Mark FitzGerald of Sherry Fitz on The Crash, The Housing Crisis & Tips for Buyers
Sherry Fitzgerald founder Mark FitzGerald is Ciarán Hancock's guest on the Inside Business podcast. He talks about the need for radical thinking to solve the housing crisis, recalls his time in the estate agent business and a few memories of his late father Garret, and shares some tips for first time buyers. Hosted on Acast. See acast.com/privacy for more information.
6/28/2017 • 37 minutes, 22 seconds
Hotelier Howard Hastings & RTÉ’s €107.5m Land Sale
Northern Irish hotelier and managing director of the Hastings chain of hotels, Howard Hastings, was in Dublin this week to announce plans for a £53 million investment in a new hotel in Belfast called the Grand Central, which will be the city's largest once completed. He spoke to Ciaran Hancock about his new hotel and about tourism in Belfast, which he says is "sound" and has not yet been affected on the ground by the lack of an administration at Stormont. They also discussed Brexit and what impact that may have on the Northern Ireland hotel sector, which currently has 20% VAT on room rates, compared to 9% in the Republic.Later in the podcast, Laura Slattery has the latest on RTÉ's €107.5 million euro land sale and what that money may be used for. Hosted on Acast. See acast.com/privacy for more information.
6/21/2017 • 32 minutes, 29 seconds
Brexit Back-Flipping, Ireland's "Whitaker moment" & Profit-Share for AIB Staff
Will the UK's hung parliament lead to a softer Brexit? Maybe according to Director General of The British Irish Chamber of Commerce John McGrane. But it would take "somebody of the unique 'backflipability' of a Boris Johnson to come out and say: I've looked into my heart, de Valera-like, and I've read the will of the people and it's for a soft Brexit."He is joined by economist Jim Power to discuss what a softer border with Northern Ireland might look like and what Ireland's new Taoiseach Leo Varadkar should do for the economy.In the second half of the show, Larry Broderick of the Financial Services Union talks to Joe Brennan about the AIB IPO and explains why the bank should establish a profit-share with staff in recognition of their role in getting it back on its feet. Hosted on Acast. See acast.com/privacy for more information.
6/14/2017 • 43 minutes, 1 second
Noonan's Legacy: A Game of Two Halves? / Apple & Netflix
As Michael Noonan prepares to hang up his boots at the Department of Finance, former Labour TD Pat Rabbitte and IBEC's Danny McCoy join Cliff Taylor and Ciarán Hancock to discuss his legacy.In the second part of the show, Laura Slattery and Davin O'Dwyer are in studio to talk about the announcements made at Apple's conference on Monday, including that Amazon Prime will now be available on Apple TV. They look at what affect, if any, that might have on Netflix. Hosted on Acast. See acast.com/privacy for more information.
With an expected price tag of €3 billion, the AIB flotation green-lighted by the Finance Minister Michael Noonan on Tuesday, will be one of the biggest in Europe in recent years.Does that mean the government will have extra money to spend on much-needed infrastructure once the sale goes through? Not exactly, Cliff Taylor tells the latest Inside Business podcast.Under restrictive EU rules, the government must use the proceeds of the sale to pay down debt. With the Irish market badly exposed to the impending Brexit, the panel discuss whether now is the time to plead our case to our European partners.Later on in the podcast, Mark Paul tells us about the ‘immunity phone’, in the context of a bid rigging case at the Central Criminal Court, and he is joined by Barry O’Halloran for a discussion on Ryanair’s profits and the final divorce settlement in the Mercantile pub row. Hosted on Acast. See acast.com/privacy for more information.
5/31/2017 • 36 minutes, 32 seconds
"You're Always An Innkeeper" - Hotelier John Fitzpatrick On 25 Years Of Success In New York
In the early 1990's John Fitzpatrick went to New York to run a new hotel owned by his father. Today, Fitzpatrick is now one of New York hospitality's most well known names, and his two hotels are havens for Irish visitors to the city. In the 25 years in between he has seen many ups and downs in the trade, from the post-9/11 downturn to monthly Celtic Tiger-era shopping trips by the wealthy Irish, and the advent of AirBnB.He tells Ciarán Hancock about his quarter century in New York. Hosted on Acast. See acast.com/privacy for more information.
5/24/2017 • 38 minutes, 13 seconds
"The French Don't Eat Cheddar", Bank Job Bonanza, Sports Direct Squeezes Competition
Exporters, particularly in the agri-food sector, are already beginning to feel the Brexit pinch, according to Enterprise Ireland. Is enough being done to protect the economy from restricted access to the UK market? Can that damage be offset by growth in the financial services sector? And will we have enough homes to house all the new bankers? To discuss all this we're joined by economist Jim Power, and Joe Brennan and Eoin Burke Kennedy from The Irish Times business team. In part two: controversial UK retailer Sports Direct opened its first major standalone store in Dublin this week. Mark Paul paid a visit and found a tough competitor for established players such as Lifestyle and Elverys.Inside Business is produced in association with Irish Life. Hosted on Acast. See acast.com/privacy for more information.
5/17/2017 • 33 minutes, 43 seconds
Pay Commission Flash-points & Athlone Town Betting Scandal
The path has been paved for the government and public sector unions to enter into talks on a new pay deal for the country’s 300,000 State employees, following the publication of the report of the Public Sector Pay Commission yesterday.On the latest Inside Business podcast, Industry Correspondent Martin Wall joins Director of Research at Savills Ireland, John McCartney, to discuss what will be the flash-points when that time comes.Also in this episode, the Government has backed off plans to force owners of PCs, laptops and tablets to pay the TV licence fee. Laura Slattery has the background on this and on Virgin Media Ireland’s insistence that it will not pay for access to RTÉ channels.In the second half of the show, as the FAI continues its investigation into the betting allegations engulfing League of Ireland side Athlone Town, Irish Times football correspondent Emmett Malone has the latest in this extraordinary story. Hosted on Acast. See acast.com/privacy for more information.
5/10/2017 • 46 minutes, 30 seconds
Brexit Posturing, JP Morgan, Central Bank report, & more
Trenchant ground is being staked out in Brussels and in London, as Brexit posturing continues before any real talks get underway.In this episode, Laura Slattery steps in for Ciarán Hancock to lead the team in a look at this and some of the other big stories of the week.It was a good day for the exchequer today, as the Central Bank’s annual report recorded a profit of 2.3bn euro for 2016. Eoin Burke-Kennedy reports on the main findings. The deadline for PAYE workers to declare tax on their offshore assets is 5.30pm, Thursday, May 4th. Deputy Business Editor Dominic Coyle explains why those missing the deadline are not likely to meet with any sympathy from the Revenue Commissioners.And, Markets Correspondent Joe Brennan casts the net stateside, where trouble is brewing between George Soros’s Quantum Partners fund and the board of Kennedy Wilson Europe. Hosted on Acast. See acast.com/privacy for more information.
5/3/2017 • 27 minutes, 38 seconds
The Future of Banking with David Duffy, Mairead Jackson & Gavin Kelly
What role if any will traditional bricks and mortar banks play in the future dominated by disruptive technology like AI, robotics and social media? For the first ever Inside Business episode recorded in front of a live audience, we asked three of Ireland's top experts to predict the future of the industry.The panel: David Duffy, chief executive of CYBG (Clydesdale and Yorkshire Bank) in the UK and a former AIB CEO, Gavin Kelly, director of distribution channels with Bank of Ireland, and Mairead Jackson, managing director of Accenture. Hosted on Acast. See acast.com/privacy for more information.
4/27/2017 • 59 minutes, 45 seconds
UK Elections = Softer Brexit? & US Reviews H-1B Visa
What exactly does the British Prime Minister want? That’s the question Irish Times columnist Chris Johns asks in the latest podcast.He joins Business Editor Cliff Taylor and Markets Correspondent Joe Brennan to discuss the fallout from Theresa May’s surprise announcement of a snap UK election yesterday, how it might affect the Brexit negotiations and what impact will be felt here in Ireland.Later in the podcast, Simon Carswell has the details of Trump's plan to review of the H-1B visa programme and outlines what it's likely to mean for Irish people seeking to work in the US. There is also some discussion of the setbacks to Trump’s tax reform plans and why that means Irish businesses can breathe a sigh of relief, for now at least.If you’d like to have your say on the issues we cover, you can email businesspodcast@irishtimes.comYou can also get the latest business news by signing up to businesstoday@irishtimes.com and you can follow us on Twitter and Facebook Hosted on Acast. See acast.com/privacy for more information.
4/19/2017 • 29 minutes, 41 seconds
Economic Expectations, Communicorp's CEOs & Norwegian Air
With conflicting messages coming from the Minister for Finance and the Department of Finance on exactly how much scope there will be for expenditure and tax cuts in the 2018 budget, the only thing that is certain is that there won't be a whole lot to spare.Irish Times Business Editor Cliff Taylor joins Ciarán Hancock to crunch the numbers, while Barry O'Halloran has the latest on Norwegian Air's plans to enter the South American market and Laura Slattery reports on Communicorp's CEOs cull.The panel also discuss the North-South electricity inter-connector, banker's salaries and how Brexit will impact media advertising. Hosted on Acast. See acast.com/privacy for more information.
4/12/2017 • 36 minutes, 36 seconds
Is this a new bubble, or what? / Paul Dowling on Relm
Another sharp rise in house prices in the first quarter of 2017 has left some wondering if the market is not once again overheating to a dangerous degree. Is the bubble back? What exactly is driving the rise, and can we expect acceleration to slow as more housing is supplied? We ask architect Mel Reynolds and economist Marian Finnegan of Sherry Fitzgerald.After that we're on to commercial property. Relm is a new commercial lending fund venture, co-founded by Richard Barrett, that will invest €200 million in Irish projects over seven years. We talk to CEO Paul Dowling about what this offers that traditional lenders cannot. Hosted on Acast. See acast.com/privacy for more information.
4/5/2017 • 36 minutes, 19 seconds
Tackling a Two Tier Recovery & Brexit Begins
Fianna Fáil’s spokesperson on jobs and enterprise, Niall Collins, has criticised the government for allowing a two tier economic recovery take hold across the country.Speaking to Wednesday’s Inside Business podcast, the Limerick TD said the idea that Dublin’s cup must overflow in order for the recovery trickle down to the rest of the country has to change.However, president of the National College of Ireland and former CEO of the Dublin Chamber of Commerce, Gina Quin, said it should not be a case of ‘us versus them’, but rather one of how a prosperous Dublin can drive growth in the regional economies.Later in the podcast, the panel discussed Brexit and British Prime Minister Theresa May’s triggering of article 50, beginning what are likely to be lengthy negotiations with the EU.Irish Times Business Editor Cliff Taylor took us through the timeline and what happens next, while economist Jim Power said anyone who claims to know how the talks might turn out is mad and reiterated his calls for the appointment of a Brexit minister as a matter of urgency. Hosted on Acast. See acast.com/privacy for more information.
3/29/2017 • 39 minutes, 58 seconds
Independent CEO Makes Protected Disclosure, Dee Forbes's Plan For RTÉ
"Even in the colourful history book of corporate Ireland and its standards of governance, this could yet turn out to be a particularly psychedelic chapter", wrote Mark Paul, breaking the news that INM CEO Robert Pitt made a protected disclosure to the Office of the Director of Corporate Enforcement about the value his company's board put on its acquisition target, Newstalk. Mark is here to talk us through the story. And Laura Slattery lays out what we know about RTÉ DG Dee Forbes's restructuring plan which is said to involve the loss of 200 jobs at the state broadcaster, and what the future might look like in Montrose. Hosted on Acast. See acast.com/privacy for more information.
3/22/2017 • 29 minutes, 29 seconds
Project Eagle, Ardagh IPO, Mercantile Pub Row & more
Sinn Féin TD David Cullinane explains how he and his colleagues on the Public Accounts Committee were not equipped to deal with all of the allegations of wrongdoing in relation to the circumstances surrounding the sale of NAMA's Project Eagle loan book and why there needs to be a commission of investigation to take a deeper look at it.He was joined in studio by our political correspondent Harry McGee to go through the details of the report and explain why tax-payers should be concerned by the findings.Also in this episode, our business team go through some of the big stories of the week, covering everything from Ardagh’s IPO to the ongoing and multi-faceted row over the Mercantile pub group. Hosted on Acast. See acast.com/privacy for more information.
3/15/2017 • 45 minutes, 34 seconds
Diversity in Finance & Apple Pay
A "cause of concern" is how Ed Sibley of the Central Bank has described its research on diversity in Ireland's financial institutions.The bank's Director of Credit Institutions Supervision, told this week's Inside Business Podcast that the study is the first of its kind and its results reflect a poor picture of diversity in the sector.This research is a step towards tackling the problems that lead to poor levels of diversity in financial institutions, he said, and will send out the signal that the regulator takes it seriously.Also on the podcast, Ulster Bank is one of just two Irish banks now offering Apple Pay to its customers.Director of Customer Experience and Products at the bank, Maeve McMahon, joined Ciara O'Brien from the business team to discuss the service and said she has no concerns about its security.In terms of becoming a cashless society, McMahon said Ireland isn't there yet but the launch of Apple Pay, coupled with Android Pay a few months ago, does bring us closer. Hosted on Acast. See acast.com/privacy for more information.
3/8/2017 • 26 minutes, 16 seconds
Trump's new chapter in US greatness / INM’s rumoured talks with The Examiner
President Trump heralded a “new chapter in American greatness” in his address to Congress last night. A pretty picture, says senior fellow at the Peterson Institute for International Economics, Caroline Freund, but not the likely outcome.The former World Bank economist predicted that the next four years are going to look very like Reagan’s presidency while the US economy experiences a short boom followed by a crash.Columnist Chris Johns said Trump’s speech was light on detail about the administration’s much mooted plans to reform tax and the president appeared to demonstrate a lack of understanding about what exactly VAT is. Both Freund and Johns agreed that the US corporate tax system is bad for domestic business and President Trump is right to have it in his cross-hairs, though that would spell bad news for Ireland.Also on the podcast, Laura Slattery and Mark Paul of the business team were in studio to discuss the rumours of exploratory talks on a possible take-over of The Examiner by Independent News Media. Hosted on Acast. See acast.com/privacy for more information.
3/1/2017 • 37 minutes, 42 seconds
Kerry, Glanbia & Aryzta / GirlCrew
It has been all change in the Irish agri-food sector these past weeks. Poor results at bakery giant Aryzta led to the departure of CEO Owen Killian and his team, while this week saw Kerry and Glanbia posting expectation-beating profits and revealing news about their future plans. To analyse the news we talk to Joe Gill of Goodbody Stockbrokers and our own Joe Brennan who has been covering the stories. In part two we talk to Pamela Newenham, formerly of this parish but now departing for San Francisco to represent Irish social-tech start-up GirlCrew, which she co-founded. Hosted on Acast. See acast.com/privacy for more information.
2/22/2017 • 30 minutes, 5 seconds
KBC's Wim Verbraeken / Guaranteed Irish In A Globalised World
KBC Bank had a decision to make: stay in Ireland and grow its mainly mortgage-based business here, or fold up the tent and go back to Belgium. Following an internal review, it was announced last week that KBC would remain. CEO of KBC Ireland Wim Verbraeken is here to tell us why they're staying, what it means for Irish banking and how KBC will face the challenges ahead.In the second half of the show, Brid O'Connell, CEO of Guaranteed Irish explains that organisation's strategy for becoming relevant to Irish consumers again. Hosted on Acast. See acast.com/privacy for more information.
2/15/2017 • 41 minutes, 50 seconds
Taxing Times: Trump's Reform Plan
President Trump’s plan to overhaul the US tax system and how that might affect Ireland, is the focus of this week's Inside Business podcast.On the panel, tax partner with Grant Thornton, Peter Vale, who said there is still a lot of uncertainty about what will actually happen, and while there has been no sign of US companies deciding to move out of Ireland yet, some investments are certainly being put on hold.Irish Times columnist Chris Johns spoke about the need for some radical thinking in the face of Trump’s proposed reforms and newly installed Irish Times Washington Correspondent Suzanne Lynch was on the line to give the view from the US. Hosted on Acast. See acast.com/privacy for more information.
2/7/2017 • 28 minutes, 43 seconds
Dalata CEO Pat McCann
At the height of the property boom in 2005, Jurys Doyle sold Jurys Ballsbridge to property developer Sean Dunne. “I was sitting in Ulster Bank in Dame Street when we opened the bids,” recalls Pat McCann, then Jurys Doyle CEO and now head of Dalata, Ireland's biggest hotel group. What popped out of the envelopes that day changed everything for McCann, who tells Ciaran Hancock about his career in the hotel trade on this week's podcast. Hosted on Acast. See acast.com/privacy for more information.
2/1/2017 • 49 minutes, 1 second
Aryzta Takes The Biscuit, Corporate Tax Summit, Marketing's Handsome Returns
On this week's podcast: Ian Hunter of Investec and our markets correspondent Joe Brennan analyse the problems facing Swiss-Irish baking behemoth Aryzta, and its CEO Owen Killian, as its share price tumbled yesterday following the latest in a series of profit warnings. Where has it all gone wrong? Michael Noonan and EU taxation commissioner Pierre Moscovici were singing from different hymn sheets at The Irish Times Corporate Tax summit earlier this week. Cliff Taylor was there and he tells us what went on. Plus: For every €1 invested in advertising, companies win an average return of over €5 - not too shabby. This is according to a new report co-authored by Alan Cox of advertising agency Core Media, who joins Ciarán and media reporter Laura Slattery to explain their findings, discuss why this bonanza is not being seized by more Irish businesses - and why loyalty programmes are a waste of time. Hosted on Acast. See acast.com/privacy for more information.
1/25/2017 • 37 minutes, 33 seconds
May's 'Appalling Vista' For Irish Business / Bus Eireann's 'Existential Crisis'
Britain will not strike a deal with the EU on the basis of Theresa May’s Brexit speech yesterday, according IBEC CEO Danny McCoy on today's podcast. He says the British Prime Minister knows it’s going to be a no deal and she offered up a “fairly appalling vista for Irish business” in her speech.“I think she knows it’s a no deal,” he says.McCoy was joined by economist Jim Power, who said the Irish government badly needs to devote more serious attention to Brexit, and Cliff Taylor, who said their G7 status and strategic military importance will play in their favour.Later in the podcast Irish Times Industry Correspondent Martin Wall and economist Sean Barrett discuss the problems and potential solutions for insolvency-threatened Bus Eireann. Hosted on Acast. See acast.com/privacy for more information.
1/18/2017 • 51 minutes, 11 seconds
Remembering T.K. Whitaker
T.K. Whitaker, who died this week aged 100, made a huge impact on the thing we discuss, one way or another, on this podcast every week - the health of Ireland's commercial and economic life. To look back on his life and career we talked to John Fitzgerald, formerly of the ERSI which Whitaker founded, Anne Chambers, his biographer, and columnist Fintan O'Toole. Hosted on Acast. See acast.com/privacy for more information.
1/12/2017 • 36 minutes, 59 seconds
Sinn Féin’s Pearse Doherty on Vulture Funds, NAMA and Northern Ireland
Regulation is one way tackle so-called vulture funds, says Sinn Féin finance spokesperson Pearse Doherty, but it is not clear whether there is a will at government level to introduce it.The Donegal TD told this week’s Inside Business podcast that he believes the government still wants to use these funds to “clean up the carcasses” of the commercial property sector.Deputy Doherty was speaking after last night’s RTÉ documentary, The Great Irish Sell Off, which reported that giant US investment funds paid miniscule amounts of tax despite making enormous profits on their Irish investments.Irish Times markets correspondent Joe Brennan has reported widely on these funds, and spoke to the podcast about the main players in the market, the assets and loans that they have acquired and the structures they have used to pay very little tax.One of those investment funds, Cerberus, hit the headlines over its controversial purchase of NAMA’s Project Eagle portfolio. Barry O’Halloran took us through the details of that and he also raised questions about whether the government may have accidentally done the wrong thing by closing the Section 110 loophole.Also on the podcast, Pearse Doherty spoke about the resignation of Martin McGuinness as Deputy First Minister of Northern Ireland. Sinn Féin were left with “no choice” he said, after talks between McGuinness and the DUP First Minister Arlene Foster came to naught. The next step is elections, said Doherty, with lengthy negotiations on the future of the power-sharing institutions in Northern Ireland to follow. Hosted on Acast. See acast.com/privacy for more information.
1/10/2017 • 44 minutes, 15 seconds
IDA's Martin Shanahan on winning jobs, upsides of Brexit & Trump, & fighting for competitiveness
In 2016 the number of Irish jobs in IDA-supported companies exceeded 200,000, more even than during the Celtic Tiger period. The figures prove how critically important foreign direct investment has become to the Irish economy today, and how seriously we should take threats to our attractiveness as a location for foreign investors. The threats are there, from potential Brexit shocks to the Trump administration's policies on foreign investment, external pressure to change our tax regime and domestic issues like the housing shortage that undermine our competitiveness. In the next two years IDA chief executive Martin Shanahan wants to add another 80,000 jobs to the 200,000 already brought in by the state agency. He talks to Ciarán Hancock about the agency's achievements, the upsides and downsides of Brexit and Trump and how the IDA will navigate the choppy waters ahead. Hosted on Acast. See acast.com/privacy for more information.
1/3/2017 • 31 minutes, 10 seconds
Threats and opportunities of 2017: Panel with David McRedmond, Marian Finnegan & Stephen Teeling
Increasing the price of a stamp to between 90c and €1 still represents “fantastic value” for the customer, according to An Post CEO, David McRedmond.On the Inside Business podcast today, he joined Sherry Fitzgerald Chief Economist, Marian Finnegan, and Teeling Whiskey co-founder, Stephen Teeling, to look ahead to 2017 and discuss the potential impacts of Brexit, Trump and political uncertainty across Europe, on their own sectors and the wider economy.An Post is undergoing a strategic review and has “quite a way to go” in figuring out its ten year plan, said McRedmond, but it will raise the price of a standard stamp from 72c next year to help ensure security of cash-flow.A re-configuration of the rural post office network is also on the cards, but McRedmond said An Post remains committed to maintaining it and diversifying services.The panel spoke about the export environment post-Brexit, how the Apple ruling might affect government tax policies and the future of the property market.Sherry Fitzgerald’s Marian Finnegan said while there is “no silver bullet” for the problems facing her sector, the government’s Action Plan for Housing is at least the first vision there has been for it in a long time. A lack of housing stock and a strong letting crisis will continue to cause problems for the marketplace in 2017, she added.Stephen Teeling said the weak dollar has worked to his company’s favour in the past few months and he talked about their plans to expand into the US in 2017.The North American market is Teeling’s biggest by “a factor of four or five”, he said and they will have 11 graduates stationed across the region next year in a bid to have “boots on the ground… for grassroots marketing”. Hosted on Acast. See acast.com/privacy for more information.
12/28/2016 • 45 minutes, 24 seconds
Red Flag, Vulture Funds & Leprechaun Economics: 2016 In Review
It was an extraordinary and at times confounding year in business and the economy, even as the Irish position remained broadly positive. On Inside Business today we look at the biggest stories of the year in the company of Irish Times business team stalwarts Cliff Taylor, Joe Brennan, Laura Slattery, Mark Paul, and Barry O'Halloran.Cliff Taylor discusses how the political events here and abroad impacted the economy in 2016, from the minority Government to Brexit and Trump's election. Joe Brennan talks us through the biggest company deals and market moves of 2016. Mark Paul recalls the twists and turns in the business and litigation of Denis O'Brien. Laura Slattery picks TV3's new status as a competitor for RTÉ as the major media story of the year.And Barry O'Halloran recaps the Project Eagle story and major moves in aviation that will have consequences for consumers and business in 2017 and beyond.And finally, Inside Business visited the National Treasury Management Agency last week for their annual Christmas choir's performance. We recorded a song from the event which raised funds in aid of the Simon Community. We hope you enjoy it.You can donate to Dublin Simon Community here: http://www.dubsimon.ie/Fundraise/WaystoDonate.aspxThanks very much for listening to Inside Business in 2016. From all on the team, we wish you a very Happy Christmas. Hosted on Acast. See acast.com/privacy for more information.
12/21/2016 • 1 hour, 4 minutes, 3 seconds
Paying The "Paddy Levy" / Rents and Reits: Is Intervention Wise?
If you've shopped online and you're Irish you may be familiar with the feeling that you are being ripped off by international retailers. Geo-blocking (when you can't access a site aimed at consumers in another country) and excessive price differences are the most frequent complaints, and we Irish make more such complaints than most others, according to a report today from the European Consumer Centre. We talk to ECC representative Martina Nee about the report's findings, and to Mark Paul and Laura Slattery about personal experiences of what Mark calls the "Paddy Levy". Have you been caught out by the levy? Email us your stories: businesspodcast@irishtimes.comAlso on the podcast, we look at Minister for Housing Simon Coveney's big announcement that rent increases will be capped at 4% per year in Dublin and Cork. It seems no-one is entirely happy with the plan - but is it better than nothing? John McCartney of Savills Auctioneers, Mick Byrne of the Dublin Tenants Association and our property editor Madeline Lyons weigh in. Hosted on Acast. See acast.com/privacy for more information.
12/14/2016 • 43 minutes, 7 seconds
To Boston for €65 / Time to face the music on corporation tax?
The imposing acronym CCCTB could spell serious trouble for the Irish economy according to the Economic and Social Research Institute. Bottom line: the proposed European Common Consolidated Corporate Tax Base could wipe 1.5 per cent off economic output. On today's Inside Business podcast, Mark Paul goes into the details of the ERSI's report. Economist Jim Power says it is time we accepted the inevitability of more equitable corporate tax rates and faced up to the challenges this will pose our unique situation, while Suzanne Lynch in Brussels says CCCTB is not yet cause for panic.Mark, Jim and Suzanne also discuss the plight of Italian banks which some fear could plunge the EU into a new banking crisis in 2017, and take another look at the goings-on in Independent News and Media's boardroom after Monday's EGM bun-fight between board and shareholders over pensions. In part two: $69 transatlantic flights? At that price point you might be forgiven for ignoring the fine details, and Norwegian Air's plan to launch the groundbreaking service from Cork and Shannon to New York and Boston next year has been welcomed by many - but not all. Irish Airline Pilots Association rep Evan Cullen has objected to the new route due to what he says are unfair working conditions for some crew employed by Norwegian Air. To discuss we're joined by Evan, Norwegian Air spokesperson Stuart Buss and Irish Times aviation reporter Barry O'Halloran.Inside Business is a weekly podcast devoted to Irish and global business, economics and finance, hosted by Ciarán Hancock and produced in association with Irish Life. Hosted on Acast. See acast.com/privacy for more information.
The Irish Times broke the story about a "schism" within the Independent News & Media board that led its CEO Robert Pitt to consider his position. For more on the story this week's host Cliff Taylor talks to business affairs correspondent Mark Paul and media reporter Laura Slattery.Then Ciara O'Brien pops in with an array of gadgets you may be tempted to splash out on, either for yourself or a loved one this Christmas. Ciara shows Cliff how to use a Virtual Reality headset and the best way to silence a blabbering Furby. And Joe Brennan has the latest market news, including Opec's moves towards reducing oil production and fears over Italy's constitutional referendum. What knock-on effects will a defeat for Mario Renzi have on Italy's banks? Hosted on Acast. See acast.com/privacy for more information.
11/30/2016 • 36 minutes, 37 seconds
Running the rule over Black Friday / Good news for home buyers
The Central Bank announced today that it is easing the mortgage lending rules. What will this mean for first time buyers and will supply meet increasing demand for new units? To discuss the permutations of this latest decision, Ciarán Hancock is joined in studio by Housing Studies lecturer in DIT Lorcan Sirr and Markets Correspondent Joe Brennan.Black Friday promises deep discounts for bargain hunters in the run up to Christmas. While a a relatively new phenomenon in this country, Black Friday has had American consumers queuing outside stores for decades. Does it actually represent good value for shoppers and why are some bricks and mortar retailers less than enthused by it's growing popularity here? Our Consumer Affairs Correspondent Conor Pope, CTO with eShopWorld Colm O'Donaill and founder of Wolfgang Digital Alan Coleman offer their insight. Hosted on Acast. See acast.com/privacy for more information.
11/23/2016 • 37 minutes, 28 seconds
Greencore's Patrick Coveney / Weekly Business News
"Transformational" is how Greencore CEO Patrick Coveney described the company's proposed $747.5 million acquisition of Illinois-based Peacock Foods. Patrick joins Ciarán Hancock to talk about the deal. Why is this deal the right one for Greencore now, and how will they avoid a repeat of their ill-fated purchase of Imperial Holly in the 1990s? In part two, Irish Times business team Cliff Taylor, Laura Slattery and Joe Brennan pop in with all the business news that's fit to talk about, including post-Trump market mayhem, moves by Aer Lingus and Easyjet, and Virgin Media's purchase of UTV. Hosted on Acast. See acast.com/privacy for more information.
11/16/2016 • 38 minutes, 44 seconds
Trump elected, scared markets react to new reality
The election of Donald Trump has taken everyone by surprise, not least the Republican Party who seemingly have no transitional arrangement in place. How will President Trump impact free trade? Will we see an exodus of US companies from our shores? Will President Trump retreat from some of the rhetoric that defined his election campaign? To answer these questions and more, Ciarán Hancock is joined in studio by business consultant and former Fine Gael TD Lucinda Creighton, Equity Analyst at Investec Ronan Dunphy and Business Editor Cliff Taylor. Hosted on Acast. See acast.com/privacy for more information.
11/9/2016 • 41 minutes, 17 seconds
Trump Or Clinton: Who Should Ireland Want? Debate with John Bruton, Megan Greene, Larry Donnelly
We look ahead to the presidential election and ask whether a President Trump or a President Clinton would best serve Irish interests in trade, foreign direct investment, the peace process and dealing with undocumented migrants. On the panel are former Taoiseach John Bruton, American economist Megan Greene and NUIG lecturer and Boston native Larry Donnelly. Hosted on Acast. See acast.com/privacy for more information.
11/2/2016 • 36 minutes, 35 seconds
Athenry for Apple
Mark Paul paid a visit to Athenry in Galway to find out about Apple's proposed data centre there and a legal challenge to it's development that has the local business community up in arms. A proposed trade deal between Canada and the EU could be scuppered by the staunchly socialist Wallonia region in South Belgium. To look at the reasons for this we're joined by Suzanne Lynch and EU trade expert John Clancy. Does the merger of AT&T and Time Warner signal a change in how their customers will watch content in the future? The $85.4 billion deal would bring 130 million mobile phone customers and 25 million pay-TV subscribers in contact with a vast amount of content - if allowed go through. Laura Slattery explains. Hosted on Acast. See acast.com/privacy for more information.
10/26/2016 • 39 minutes, 45 seconds
Ryanair: A war for seats / Finance Bill / Defining moment for Theresa May / EOY Profile
Michael O'Leary remains bullish in the face of falling sterling with promises to pump a million seats month into weak winter market and 15% price reductions. Head of broking at Goodbody Stockbrokers Joe Gill and markets correspondent Joe Brennan join host Cliff Taylor to discuss the strange scenario of Ryanair issuing profit warning while seeing a 5% rise in their stock.Joe Brennan discusses the permutations of tomorrow's Finance Bill in light of what many are calling a "minimalist budget". What are the key issues Minister for Finance Michael Noonan has to grapple with? What kind of tone of discussion can we expect at this week's EU leaders summit and how will those present react to the 'hard Brexit' line taken at the recent Tory Party conference? Suzanne Lynch joins us on the line from Brussels to discuss Theresa May's much-anticipated first EU summit as leader.And finally, Ciarán Hancock sat down with Gareth Loye and Mark McCloskey for the last in our series of EY Entrepreneur of the year profiles. Hosted on Acast. See acast.com/privacy for more information.
10/19/2016 • 49 minutes, 25 seconds
Budget 2017: Housing, Business & Your Pocket
On this week's podcast our panel looks at budget 2017.First, Political Correspondent Fiach Kelly reports from Leinster House on what big ticket items were announced today. Then Ciarán Hancock is joined by Irish Times Property Editor Madeline Lyons, Business Editor Cliff Taylor and Peter Reilly of PWC to look at what the budget means for housing, business, investors and your pocket. Hosted on Acast. See acast.com/privacy for more information.
10/11/2016 • 25 minutes, 11 seconds
Bracing for "Hard Brexit" / Clerys' Tax Loophole / Stephen Vernon and Colin Culliton
Part one: Host Ciarán Hancock and Markets Correspondent Joe Brennan are joined on the line by BBC business reporter Joe Lynam to get the latest understanding of short and long-term impact of Brexit. The drop in sterling aside, the much-anticipated "short, sharp shock" hasn't quite materialised. What is the current mood among the Conservative party, and what awaits Britain and Ireland after Article 50 of the Lisbon Treaty is invoked next March?Part two:In the wake of the closure of Clerys last June, it has come to light that Boston-based equity firm Gordon Brothers paid themselves €3.65 million shortly before the the store closed its doors and 460 people lost their jobs. Business Affairs Correspondent Mark Paul talks us through the recent developments.Part three: The latest in the EY Entrepreneur of the Year Awards nominee profiles features Stephen Vernon of Green Property and Colin Culliton from TPI Group. Hosted on Acast. See acast.com/privacy for more information.
10/5/2016 • 49 minutes, 5 seconds
Ireland's Tourism Boom
The domestic tourism industry has experienced strong growth in the last two years and now provides one eighth of all jobs in Ireland. Initiatives like the Wild Atlantic Way and the 9% VAT rate applicable to some in the industry have helped. On today's programme, Business Affairs Correspondent Mark Paul takes to the road to speak with operators around the lesser-visited parts of the country to see how things are going and what more can be done. Back in studio, Mark and Ciarán are joined by practitioners Travis Zeray of Clew Bay Bike Hire, Joan Reilly of Doolin 2 Aran Ferries, and also Eoghan O'Mara Walsh of Irish Tourism Industry Confederation to discuss what more can be done by the state and the industry to continue the good work. Hosted on Acast. See acast.com/privacy for more information.
9/28/2016 • 47 minutes, 43 seconds
Bonus Episode: Entrepreneurs of the Year Week Five
It's another bonus podcast featuring four more finalists in the EY Entrepreneur of the Year competition. This week we have Leona and Sean McAllister of Plotbox, a software tool for managing cemeteries and John Moore of 3D4 Medical, specialising in the creation of 3D renderings of anatomy. Leona and Sean explain how they got into their unusual line of business and John shares how 3D4 achieved 12 million users. Then Brendan Mooney talks about how his firm Kainos Group helps government departments harness the power of IT and cloud computing. Hosted on Acast. See acast.com/privacy for more information.
9/27/2016 • 31 minutes, 13 seconds
Limerick 2030 / Diaspora TV / Taxation
Part one: Interim COO of Limerick 2030 Pat Daly joins us on the line to discuss how a €500 million investment will rejuvenate Limerick city, helping to create 5,000 plus jobs and make the city attractive for foreign investment. Ciarán Hancock is joined in studio by The Irish Times' Barry O'Halloran to crunch the numbers.Part two: Laura Slattery discusses TV3's proposal to merge content with RTÉ to create a channel aimed squarely at the diaspora. Is this a play from TV3 to get a slice of the license fee?Part three: Business Editor Cliff Taylor and Policy Director of the Irish Tax Institute Cora O'Brien analyze our unforgiving personal taxation system and look ahead to 2016's budget. Hosted on Acast. See acast.com/privacy for more information.
9/21/2016 • 35 minutes, 30 seconds
Bonus Episode: Entrepreneurs of the Year Week Four
Three more finalists from the EY Entrepreneur of the Year awards meet Ciarán to talk about their businesses, what it takes to be an entrepreneur and some of the chances and challenges they face. Featuring James McGee of Athlone Extrusions, Maurice Healy of Healy Group and James Lecky of Lecky Design. Hosted on Acast. See acast.com/privacy for more information.
9/20/2016 • 19 minutes, 47 seconds
Nama losses and conflicts / iPhone 7 / EY Entrepreneur Week 3
On this week's podcast: Nama is in the news again as the Comptroller and Auditor General's report on the agency's sale of a portfolio of properties in Northern Ireland, known as Project Eagle, found that the agency lost €220 million in the deal. Barry O'Halloran talks us through what we now know, questions that remain to be answered and Nama's surprising response to the report. Then tech reporter Ciara O'Brien outlines the pros and cons of Apple's new smartphones the iPhone 7 and iPhone 7 Plus. And it's week three of our series on EY Entrepreneur of the Year finalists. This week Ciara Clancy of Beats Medical, Paul Quigley of NewWhip Media and Gavan Walsh of iCabbi talk about their businesses. Hosted on Acast. See acast.com/privacy for more information.
9/14/2016 • 28 minutes, 59 seconds
Lucinda Creighton: From Politics To Business / EY Entrepreneurs Week 2
Following the loss of her Dáil seat, former Minister for Europe and Renua founder Lucinda Creighton has made the switch to business. Her new company, Vulcan Consulting, "offers specialist advice to growing businesses and multinational companies on complex domestic and EU regulation". On today's Business Podcast, Lucinda talks about the aftermath of her election defeat, deciding to go it alone with a new company, and her views on Brexit and the Apple tax ruling. And in week two of our series profiling the finalists of the EY Entrepreneur of the Year awards, we speak with Lesley Codd of Codd Mushrooms, Louise Grubb of Q1 Scientific and Noel Moran of Prepaid Financial Services. Hosted on Acast. See acast.com/privacy for more information.
9/7/2016 • 38 minutes, 24 seconds
Making Sense of the Apple Ruling
The EU Commission's ruling that Apple must pay Ireland €13 billion in back taxes leaves all parties involved with a complicated mess on their hands. To help make sense of it all we have Brian Keegan, Director of Taxation with Chartered Accountants, as well as Irish Times Europe Correspondent Suzanne Lynch and Business Editor Cliff Taylor on the first part of today's podcast. In part two The Business Podcast proudly presents the first part of a new series in which we talk to the finalists in the EY Entrepreneur of the Year Awards about their companies, their successes and their insights. First up it's Gillian Maxwell of Tiger Retail Ireland and Kieran O’Keeffe of MobileWebAdz. Hosted on Acast. See acast.com/privacy for more information.
8/31/2016 • 52 minutes, 34 seconds
High-Rise Dublin / Apple Tax Case: US Treasury takes on EU Commission
Congested, overcrowded and with soaring rents, Dublin needs development. But which kind? Ibec produced a report this week arguing for more high-rise buildings to accommodate the capital's swelling population. Fergal O'Brien, director of policy with Ibec joins Cliff Taylor and Ciarán Hancock to look at the steps needed to ensure our capital's future and also how much focus there should be on regional development. In part two Cliff and Ciarán look at the major business stories of the week with Joe Brennan and Eoin Burke Kennedy, including:- Farmers clash with Larry Goodman's ABP - CSO data showing over two million in employment for first time since the crash- Print circulation dives - "Brexit? What Brexit?" for Kingspan after positive results- US Treasury fires shot across EU Commission's bow over corporate tax Hosted on Acast. See acast.com/privacy for more information.
8/24/2016 • 41 minutes, 6 seconds
Pat Hickey's Bad Day / Vast Assets, No Tax: Questions Over SPVs / Future Cars
IOC President Pat Hickey's arrest in Rio is the latest twist in a tangled story. Business Affairs Correspondent Mark Paul and our editor Cliff Taylor explain what we know about the links between the companies, organisations and individuals invovled in the Olympic ticket scandal. Mark has also been reporting this week on Special Purpose Vehicles, a type of company that is being used to avoid billions in tax in this jurisdiction - while employing practically no-one. He tells us how it all works and how they could be concealing a big problem. Another type of vehicle with no-one working in it is the driverless taxi, which is in the pinelines and expected to be on the streets by 2020 according to an announcement by Ford. Our motoring expert Michael McAleer pops in to update us on the race between tech and car firms to put the first popular driverless cars on our streets. Hosted on Acast. See acast.com/privacy for more information.
8/17/2016 • 39 minutes, 20 seconds
Celeb Tax Woe, Snubbed Clerys, Terminal Three / Sports Sponsorship
Part One: Mark Paul and Barry O'Halloran have the latest on this week's business news, including: - Threats and opportunities for our thriving tourism industry - Could it be time for a 3rd Terminal at Dublin Airport? - Titanic tax bill for celebs who wrote off losses after investing in flops like, erm, Avatar...- Clerys owners keep reaping whirlwind of their PR disasterPart Two: It's a huge summer for sports, and also a huge summer for sports sponsorship. Jamie Macken of sponsorship specialists Livewire joins Laura to talk about the trends in sponsorship: the industries buying up space, which sponsors are doing it right, and how sponsored media consumption patterns are changing. Hosted on Acast. See acast.com/privacy for more information.
8/10/2016 • 39 minutes, 55 seconds
First-Time Buyers's Challenge / Samsung 7 Review
Part One: Hubert Fitzpatrick of the Construction Industry Federation wants the Central Bank's mortgage rules to be relaxed, and he made a submission to the Bank's review of those rules to that effect. Today he's in studio with Ciarán and Cliff Taylor to talk about the rules, what he wants to see changed and how to help first-time buyers get on the ladder. Part Two: Irish Times tech expert Ciara O'Brien reviews the latest smartphone from Samsung, the Galaxy Note 7. How much bigger and smarter is it than previous iterations? Hosted on Acast. See acast.com/privacy for more information.
8/3/2016 • 33 minutes, 58 seconds
Central Bank Cuts Forecast, Ryanair Results, Guardian Struggles, Britvic's Kevin Donnelly
Part One: First we have a roundup of all the week's top business news, with Laura Slattery and Cliff Taylor bringing us through the Central Bank forecast, delivered today with the caveat that, for forecasters, its never been tougher to see what's lying ahead. Media expert Laura also fills us in on struggles to find new revenue streams at the Guardian media group, while Barry O'Halloran has the latest on Ryanair's profits and plans for the years ahead. Part Two: CEO of Britvic Ireland Kevin Donnelly talks to Ciarán about the company's various reversals of fortunes since buying C&C's soft drinks portfolio in 2007, navigating the challenges of Brexit and a future sugar tax, and sponsorship opportunities with the GAA. Hosted on Acast. See acast.com/privacy for more information.
7/27/2016 • 41 minutes, 26 seconds
RTÉ back in the red / New Pharma deal explained
Part One: RTÉ's annual report for 2015 shows losses of €2.8 million. Why can't our national broadcaster post a profit, and where exactly does our license fee go? Laura Slattery joins host Ciarán Hancock to crunch the numbers.Part Two: A new four year deal with the pharmaceutical industry is slated to save the government €750 million. Deputy Business Editor Dominic Coyle and President of Healthcare Enterprise Alliance Sandra Gannon examine the feasibility of this deal and whether or not it will impede competition in the marketplace Hosted on Acast. See acast.com/privacy for more information.
7/20/2016 • 36 minutes, 32 seconds
Irish GDP: An Embarrassment Of Riches / Pokémon Go
Part One: News that Irish GDP grew by 26% in 2015 has been greeted with derision in some quarters, with economist Paul Krugman labelling it "Leprechaun Economics". Even Taoiseach Enda Kenny has said it is not true. So what is going on? Eoin Burke-Kennedy identifies four dynamics under our economic hood contributing to the staggering 26% figure, while Cliff Taylor points out the downsides for Irish policymakers and the big problem with calculating GDP in our small, open economy. Markets Correspondent Joe Brennan is also in studio with news about Irish company results and the impact of Brexit on building and banks. Is it time to take a punt on Bank of Ireland?Part Two(21:00): The success of augmented reality game Pokémon Go is delighting Nintendo shareholders this week, but what about players? Tech reporter Ciara O'Brien explains the gameplay to a bemused Ciarán Hancock, while consumer affairs guru Conor Pope is somewhat less than impressed after spending the afternoon chasing Pokémon around Dublin city centre. Hosted on Acast. See acast.com/privacy for more information.
Part One: Business reporter with the BBC Joe Lynam is on the line to talk about worrying developments in the UK economy including further slides in the pound and suspension of trading in commercial property investment funds. Part Two: The aforementioned slump in Sterling is the main post-Brexit problem for our own critical food industries, say Larry Murrin, CEO of Dawn Farm Foods and Aidan Cotter, CEO of Bord Bia, who both join Ciaran and agribusiness journalist Eoin Burke Kennedy to discuss the unprecedented challenges they now face which threaten jobs and businesses. Hosted on Acast. See acast.com/privacy for more information.
7/6/2016 • 50 minutes, 58 seconds
Brexit: What's Ireland's next move?
Brexit special: A roundtable discussion of the permutations for Irelands's economy following the shock result of last Thursday's referendum. What should Ireland do going forward? What, if any opportunities does it present for our economy?To tackle these questions Ciarán Hancock is joined in studio by economist with Goodbody Stockbrokers Joe Gill, CEO of IBEC Danny McCoy and economist Jim Power with MEP Brian Hayes joining us on the line from Brussels. Hosted on Acast. See acast.com/privacy for more information.
Part 1: Cliff Taylor is joined by Irish Times columnist Chris Johns and economist with Merrion Capital Alan McQuaid to discuss the ramifications for national and world markets should the Brexit vote pass. "Clearly politicians can't be trusted to make capital spending decisions", the just released Summer Economic Summary has largely positive overtones but the Business podcast are not fully convinced.Part 2: A $17.4 million backgammon win has resulted in Irish businessman JP McManus butting heads with the I.R.S. stateside, Business Affairs Correspondent Mark Paul gives us the lowdown. Hosted on Acast. See acast.com/privacy for more information.
6/22/2016 • 36 minutes, 5 seconds
Arthur Beesley and Paschal Donohoe in conversation
On this his farewell podcast, Arthur Beesley welcomes Minister for Public Expenditure and Reform Paschal Donohoe to discuss this year's budget, the public's expectations amid a positive economic climate and the fiscal challenges this government faces should Britain vote to leave the EU. Hosted on Acast. See acast.com/privacy for more information.
6/15/2016 • 29 minutes, 21 seconds
Anglo Trial Special
Following the conclusion of the lengthy trial of four former employees of Anglo Irish Bank and Irish Life & Permanent on charges of conspiracy, Legal Affairs Correspondent Colm Keena sits down with Ciarán Hancock to explain what happened in the historic trial and what comes next for the three accused found guilty. Hosted on Acast. See acast.com/privacy for more information.
6/9/2016 • 13 minutes, 32 seconds
GAA on TV3? Irish sports rights / Running to stand still: IFAC's fiscal realities
Part 1: Once we found our Irish sports on RTÉ and most foreign games on BBC or Sky, but things are changing. Irish Times media maven Laura Slattery reports on the shifting landscape of sports broadcasting rights. Part 2: The Irish Fiscal Advisory Council loves to deliver home truths to Michael Noonan and his colleagues in the Department of Finance, and their latest report is no different. Arthur Beesley and Cliff Taylor assess the economic realities underpinning our fiscal position in the years ahead in the light of IFAC's largely pessimistic findings. Hosted on Acast. See acast.com/privacy for more information.
In part one we look at the ten month investigation into the sale of NAMA's Northern Ireland property portfolio, culminating in the British National Crime Agency making two arrests in Co. Down. This represents a significant "step change" according to Irish Times business reporter Barry O'Halloran. He joins political correspondent Harry McGee and host Ciarán Hancock to discuss the various strands of this investigation, including Enda Kenny's refusal to launch an inquiry south of the border.Amazon announced more jobs for its Irish operation this week, and not just any jobs- among the 500 new positions, high-grade engineering posts are expected. Even better, Amazon expects to be able to fill the posts with Irish employees. Have we bridged the 'skills gap'? Ciara O'Brien reports on that announcement, and also on more good tech job news from Deloitte and their new 'Blockchain Lab' that will employ 50 in Dublin. But what is a blockchain? Hosted on Acast. See acast.com/privacy for more information.
6/1/2016 • 25 minutes, 8 seconds
Man U's Money Machine / Challenges for AIB
Manchester United manager Louis Van Gaal was sacked this week despite winning the FA Cup. The failures of his team on the pitch are well documented, but how much of a role did money play in the decision, and in the decision to hire his successor Jose Mourinho? Sports journalist Ken Early and Business Affairs Correspondent Mark Paul join Economics Editor Arthur Beesley to assess the business model of the great, or perhaps once-great, club. In part two: AIB's Q1 report portrays a bank on the mend, but significant challenges remain for the largely State-owned bank. Stephen Lyons of Davy Stockbrokers and Markets Correspondent Joe Brennan look at the health of the bank from the perspective of Government, shareholders and customers. Hosted on Acast. See acast.com/privacy for more information.
5/25/2016 • 36 minutes, 54 seconds
How rich are the Irish? / The pitfalls of creating new government departments
In part one of the Business Podcast Irish Times reporter Fiona Reddan joins Ciarán Hancock in studio to discuss the latest figures from the Central Bank and to answer the question 'How rich are the Irish?'.In part two Economist John Fitzgerald and Economics Editor Arthur Beesley join us to discuss the disruptive and time-consuming task of creating a new government department and how effective these changes have been historically. We also go over the latest recommendations from the European Commission regarding Ireland's economy. Hosted on Acast. See acast.com/privacy for more information.
5/18/2016 • 39 minutes, 20 seconds
Siptu's Jack O'Connor on Shane Ross, Luas, & Labour
Siptu President Jack O'Connor talks about his difficult relationship with new Minister for Transport Shane Ross, the Luas strike, the Labour Party's leadership contest, and accelerating the restoration of pay cuts to public servants. He also speaks about the end of his term of office in 2017 and what role he might play thereafter. Hosted on Acast. See acast.com/privacy for more information.
5/11/2016 • 56 minutes, 23 seconds
Exec pay too high? / Economic outlook & exchequer figures
Investors in some FTSE companies are in revolt over the pay and bonuses awarded to their top executives. Joe Brennan and Cliff Taylor join Cíarán Hancock to explain why shareholders feel the top brass are not, in fact, worth it, and how remuneration for bankers may once again become a political hot potato here in Ireland if the AIB IPO goes ahead. In part two: how have 67 days without a government affected the economy, and how will the new minority government handle the books? Cliff and Cíarán are joined by Economics Editor Arthur Beesley and Europe Correspondent Suzanne Lynch to examine new EU growth forecasts, Irish Exchequer figures and the promises made in the Fianna Fáil - Fine Gael agreement. Hosted on Acast. See acast.com/privacy for more information.
5/4/2016 • 35 minutes, 9 seconds
Switching Mortgages / Irish Water / Business Round-up
Part One: Ciarán Hancock is joined on the line by Dublin MEP Brian Hayes to discuss his call for the introduction of legislation to make it easier for mortgage holders to shop around for a more competitive rate of interest. He also gives his view on government formation and Irish Water. Part Two: Is there a kinder Irish budget in the offing for 2016? A projected €900 million surplus for government spending would suggest so. To discuss this and a round-up of all the recent business and economic news we are joined in studio by Economics Editor Arthur Beesley, Business Editor Cliff Taylor and Markets Corespondent Joe Brennan. Hosted on Acast. See acast.com/privacy for more information.
4/27/2016 • 48 minutes, 28 seconds
The Brexit Debate - April 20
What are the implications of Brexit for Ireland and Europe? Is a serious economic shock possible? Might we see controls reappear on the border with Northern Ireland? Business leaders gathered in The Irish Times office this morning to hear economist and Irish Times columnist Professor John FitzGerald, London Editor Denis Staunton and Economics Editor Arthur Beesley discuss the positions of the Leave and Remain campaigns, the economic risks to Ireland and some possible scenarios if Britain opts out of Europe. They join Ciarán Hancock to continue the discussion on this week's podcast. Hosted on Acast. See acast.com/privacy for more information.
4/20/2016 • 45 minutes, 21 seconds
Whiskey Galore! Opportunities for Irish spirits
This week Ciarán takes a look at the flourishing Irish whiskey market, both at home and abroad. He is joined by Denise Murphy of An Bord Bia, Master Distiller Darryl McNally and John Teeling to discuss the enormous potential of this quintessentially Irish product. Hosted on Acast. See acast.com/privacy for more information.
4/13/2016 • 30 minutes, 15 seconds
The Panama Papers / Allergan deal scuppered
On the Business podcast this week: The Panama Papers off shore tax scandal, the Irish angle and an in-depth discussion of the far-reaching implications of the leak. Ciarán Hancock is joined in studio by Professor Jim Stewart of Trinity College Dublin and Legal Affairs Correspondent Colm Keena. In part two Simon Carswell and Dominic Coyle discuss US President Barack Obama's move to end Dublin-based pharma firm Allergan's hopes of an inversion deal with giant Pfizer, and what the rule change means for other multinationals here. Hosted on Acast. See acast.com/privacy for more information.
4/6/2016 • 42 minutes, 48 seconds
Ireland's Real Economy / Do we expect too much of Apple?
In Part one: Consumer confidence is at a fifteen year high according to the latest property and sales figures released by the CSO. Arthur Beesley is joined on the line by Head of Research at Savills John McCartney and Chief Economist at Merrion Stockbrokers Alan McQuaid to discuss these figures and their meaning.In Part two: Technology Correspondent Ciara O'Brien joins us in studio to talk about the slow down in Apple's record-breaking sales of iPhones and the issue of consumer privacy versus public authority following Apple's refusal to co-operate with the FBI in unlocking terrorism suspect Syed Farook's iPhone. Hosted on Acast. See acast.com/privacy for more information.
3/30/2016 • 47 minutes, 44 seconds
Three Candidates discuss their chances of election to the Seanad
On this edition of the Business Podcast Ciarán Hancock speaks with former CEO of Concern Worldwide David Begg, former Aer Arann chief Padraig O'Ceidigh and entrepreneur and television personality Peter Casey about their motivations for running for the Seanad. Hosted on Acast. See acast.com/privacy for more information.
3/23/2016 • 43 minutes, 1 second
Inside Aldi / Irish Economic Growth
In Part one: Aldi has bucked the recession and now holds an eight per cent market share. Business Affairs Correspondent Mark Paul was granted a look behind the curtain of the German discounter as it seeks to capitalize on the growing consumer demand for luxury products.In Part two: Ciarán Hancock is joined in studio by economist Jim Power and Economics Editor Arthur Beesley to discuss some of the recent figures attached to the current upsurge in economic growth in Ireland. Hosted on Acast. See acast.com/privacy for more information.
3/16/2016 • 44 minutes, 19 seconds
"A loss is a loss" - PTSB's Jeremy Masding
After posting a loss of €425 million today, Permanent TSB's share price has tanked, falling 10% by this afternoon. Chief Executive Jeremy Masding joins Ciarán to talk about the results, where the bank goes from here and how soon it can repay the state it's €2.7 billion bailout money in full. They also discuss how the bank handled the overcharging of tracker mortgage customers, some of whom lost their homes. Hosted on Acast. See acast.com/privacy for more information.
3/9/2016 • 27 minutes, 39 seconds
Michael O'Flynn
Ciarán Hancock talks with property developer Michael O'Flynn about the effect the property collapse had on his family business and how he has now exited NAMA, whose role he now criticises. Michael also speaks on the exhausting bank inquiry, gives his thoughts on the housing crisis and explains why he feels there is a need for a housing minister in this country. Hosted on Acast. See acast.com/privacy for more information.
3/2/2016 • 1 hour, 3 minutes, 43 seconds
Brexiteers v Remainians / Anglo Trial Update
In part one: From FTSE100 firms to corner shops, how is the British business community reacting to the possibility of Brexit? BBC Business Correspondent Joe Lynam is on the line and Economics Editor Arthur Beesley is in studio to discuss that, and whether we can look forward to the return of duty-free shopping in Holyhead.In part two: CCC Nuacht News Editor Declan Brennan explains what has been going on in the trial of four former Anglo and Irish Life and Permanent employees. Hosted on Acast. See acast.com/privacy for more information.
2/24/2016 • 38 minutes, 52 seconds
Getting a Mortgage - Where's the Best Value? / Milk Price Slump
Bank of Ireland have attempted to get the jump on their competitors this week by offering incentives to tempt people back into the property market, but is there any value to be had? In the first part of this week's Business podcast Ciaran Hancock talks mortgages with John "The Money Doctor" Lowe and Eimear Lang. In part two Ciarán is joined by journalist Eoin Burke Kennedy and IFA dairy executive Catherine Lasscurettes to discuss the plummeting price of milk over the last eighteen months and the implications for the Irish dairy sector. Hosted on Acast. See acast.com/privacy for more information.
2/17/2016 • 38 minutes, 10 seconds
Stock Meltdown / AIB Sale
Carnage in global and Irish stock markets this week has left many investors afraid. Is money in stocks safe? What caused the fall in value and what does it mean for the wider economy? And will it scupper state plans to get some AIB money back? Noel O'Halloran, Chief Investment Officer with Kleinwort Benson Investors and Joe Gill, Director of Corporate Broking with Goodbody Stockbrokers join Ciaran Hancock to assess the situation. Hosted on Acast. See acast.com/privacy for more information.
2/10/2016 • 34 minutes, 3 seconds
Fiscal Space Exploration / Vodafone Shares
What is fiscal space, anyway? Economist Jim Power joins host Ciarán Hancock and Economics Editor Arthur Beesley to discuss the economic issues that should dominate the general election. And Deputy Business Editor Dominic Coyle explains the Vodafone offer to Irish shareholders who bought into Eircom back in the late 1990s. It's a chance to sell that will spell a welcome end to many first (and last) time investors' sorry experience of playing the markets. Hosted on Acast. See acast.com/privacy for more information.
2/3/2016 • 36 minutes, 13 seconds
Banking Inquiry: Eoghan Murphy, Joe Higgins
Banking Inquiry committee members Joe Higgins and Eoghan Murphy are in studio to discuss the committee's findings, along with host Ciaran Hancock and political reporter Sarah Bardon. Hosted on Acast. See acast.com/privacy for more information.
1/28/2016 • 27 minutes, 1 second
Lobbyists Laid Bare / Dublin Airport
We know lobbying happens, but who lobbies whom about what? A new register reveals the answer for the first time. From pleas for more beach volleyball courts to tobacco, alcohol and rezoning submissions, Business Affairs Correspondent Mark Paul has story. In part two Paul O'Kane of Dublin Airport Authority and reporter Barry O'Halloran discuss the airport's growing passenger numbers, plans for new runways and terminals and what difference if any the election will make to those plans. Hosted on Acast. See acast.com/privacy for more information.
1/20/2016 • 40 minutes, 54 seconds
Drumm Detention / Global Stock Markets
Should David Drumm be detained in a U.S. prison while awaiting an extradition hearing? Irish Times columnist Fintan O'Toole argues the former Anglo CEO should be released, while Washington Correspondent Simon Carswell provides more background to Drumm's detention and the limited options open to him for further legal challenges. In part two of the podcast Cantor Fitzgerald Senior Analyst David Donnelly and Irish Times Economics Editor Arthur Beesley discuss the shaky start to the year for global stock markets and what it means for the Irish economy, private investors and AIB's planned share sale. Hosted on Acast. See acast.com/privacy for more information.
1/13/2016 • 35 minutes, 29 seconds
Exchequer Bonanza / New Tech at CES
Exchequer figures for 2015 paint a picture of economic recovery that Michael Noonan could scarcely have dreamed of when he took over the Department of Finance in the dark days of 2011. KBC Chief Economist Austin Hughes joins Arthur Beesley to explain the unexpectedly strong 'bouncebackability' of the Irish economy, what credit is due whom, and why we still need to be cautious. In part two Ciara O'Brien is on the line from Las Vegas's annual COnsumer Electronic Show, where techies are salivating over driverless cars, drones, fridges that email you with what food you need and all the rest. Hosted on Acast. See acast.com/privacy for more information.
1/6/2016 • 34 minutes, 40 seconds
Business Leaders' 2016 Preview
Danny McCoy of Ibec, Pat Byrne of CityJet and Fiona Muldoon of FBD Insurance join Ciarán and Arthur to discuss the year ahead for Irish business. Topics explored include managing economic growth, challenges to competitiveness, the threat of Brexit, tourism, banking and even the potential effect of Euro 2016. Hosted on Acast. See acast.com/privacy for more information.
12/30/2015 • 51 minutes, 46 seconds
2015's Winners & Losers
Pamela Newenham, Laura Slattery and Cliff Taylor join co-hosts Arthur Beesley and Ciaran Hancock for a look back at the big winners and losers in Irish business and economic life throughout 2015. Featuring Denis O'Brien, the Collison brothers, Colm Lyon, Michael O'Leary, David Drumm, INM, TV3, Deirdre Foley, the IFA, Paddy Cosgrave, Philip Lane and many more. Hosted on Acast. See acast.com/privacy for more information.
12/23/2015 • 44 minutes, 31 seconds
Fed Rate Rise / AIB Payback Time
In part one Irish Times Economics Editor Arthur Beesley and Davy Stockbrokers Chief Economist Conall Mac Coille join host Ciarán Hancock to discuss the expected Federal Reserve move to increase US interest rates and what effect this long-awaited move may have on the US, Eurozone and Irish economies. In part two hosting duties are swapped as Ciarán tells Arthur about this morning's AIB EGM where the announcement of a reorganisation of shares won't have pleased the bank's recent investors. They discuss how the beneficiary of state support can begin to return to commercial normality while repaying the €21 billion bailout it received. Hosted on Acast. See acast.com/privacy for more information.
12/16/2015 • 30 minutes, 15 seconds
Denis O'Brien v Red Flag, Eir's Setanta Takeover
Denis O'Brien's lawyers are back in the High Court this week where he has brought a case against a communications company Red Flag for alleged conspiracy to damage his reputation. A USB stick allegedly created by Red Flag and containing content damaging to O'Brien, including the claim that he has become "Ireland's Berlusconi", is at the centre of the case. On today's podcast Legal Affairs Correspondent Colm Keena explains the case with the help of excerpts from O'Brien's sworn statements. In part two Laura Slattery reports on the moves being made by Virgin Media, Eir and Sky to win our custom when shopping for broadband, phone lines and TV. Hosted on Acast. See acast.com/privacy for more information.
12/9/2015 • 30 minutes, 2 seconds
Exchequer Returns + Topaz
In this week's Inside Business podcast Ciaran Hancock analyses the latest exchequer returns with Economics Correspondent Arthur Beesley and economist Jim Power. Later in the podcast he discusses the sale of Topaz with Mark Paul and considers what it means for its former owner Denis O'Brien. Inside Business is a weekly business podcast. It is researched by Declan Conlon and produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
12/2/2015 • 28 minutes, 21 seconds
Cyber Monday, Pfizer Deal
In this week's Inside Business podcast Arthur Beesley discusses the implications of the Pfizer Allergen deal with Simon Carswell and Dominic Coyle. Later in the podcast he learns about Black Friday and Cyber Monday from Pamela Newenham. Inside Business is a weekly business podcast. It is researched by Declan Conlon and produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
11/25/2015 • 27 minutes
Sky Q + Jobs, Jobs, Jobs
In this week's business podcast Laura Slattery discusses the launch of Sky Q with Ciara O'Brien in London and she analyses the latest employment figures with Arthur Beesley. Inside Business is a weekly business podcast. It is researched by Declan Conlon and produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
11/18/2015 • 21 minutes, 55 seconds
Alan Dukes + IBRC, Retail Bonanza
In this week's Inside Business podcast Ciaran Hancock discusses the problems of the IBRC controversy with former chairman Alan Dukes and Arthur Beesley. Later in the podcast he hears about the start of the festive retail season with Conor Pope and David Fitzsimons from Retail Excellence.ieInside Business is a weekly business podcast researched by Declan Conlon and produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
11/11/2015 • 53 minutes, 23 seconds
Web Summit, Volkswagen Woes
Irish Times business journalist and techie Pamela Newenham reports from the Web Summit, where the real business of securing investment and making connections is far more important than quarrels with politicians and overpriced food. She tells Arthur about this year's trends and brightest new startups. Then Pamela interviews US-based, Dublin-born entrepreneur Oisin Hanrahan, whose company Handy has just raised $50 million in funding to expand its "Uber for home maintenance" business model. And Motoring Editor Micheal McAleer has the latest on the latest scandal enveloping Volkswagen, who have announced their misreporting of vehicle emissions may not be confined to just diesel cars. Hosted on Acast. See acast.com/privacy for more information.
11/4/2015 • 30 minutes, 59 seconds
Denis O'Brien Conspiracy Claim/Property Latest
In this podcast Arthur Beesley discusses Denis O'Brien's conspiracy claim with Peter Murtagh, and Mark Paul analyses the fallout from the Digicel IPO. Later in the podcast Arthur talks to Eoin Burke Kennedy about latest CSO figures and their meaning for the Irish property market. Inside Business is a weekly business podcast. It is produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
10/28/2015 • 38 minutes, 59 seconds
ITV buys UTV, New Central Bank Governor
Philip Lane beat out over 100 people to become Patrick Honohan's successor as Central Bank Governor. Economic Editor Arthur Beesley joins Ciarán to discuss what expertise the Harvard graduate brings to the table, and how he can manage the institution's transition to normality, its increased regulatory workload and political opposition to that pesky mortgage cap. In part two Laura Slattery explains why ITV's purchase of UTV is bad news for UTV Ireland, and what it means for TV3 and our continued access to Downton Abbey and Corrie. Plus, who is in the running to become RTÉ's next Director General. Hosted on Acast. See acast.com/privacy for more information.
10/21/2015 • 30 minutes, 41 seconds
Budget Champions?
In this edition of Inside Business Ciaran Hancock is joined by Chris Johns and Arthur Beesley to discuss Budget 2016. This Budget has been understood to have been drawn up with an election in mind and has been leaked substantially in advance. In this podcast Ciaran, Chris and Arthur analyse whether its economic features make as much sense as its political ones. Inside Business is a weekly business podcast. It is researched by Declan Conlon and produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
10/14/2015 • 35 minutes, 15 seconds
No Big Giveaways? Budget 2016 Preview
It's the beginning of the end for the current Government and their final act may well be Budget 2015, which Michael Noonan will announce next Tuesday. So political as well as economic considerations will play a large role in the decisions made. Today's panel discusses the options open to the Government including a reduction in the USC, changes in how corporations are taxed, increases in duty on old favourites petrol, tobacco and alcohol, and how much, or little, scope there is to satisfy the demands of the various ministries. They also look at what can be done to ease the pressure in the housing market.Host Ciaran Hancock is joined by Economics Editor Arthur Beesley, Political Editor Stephen Collins and economist and former ERSI research professor John Fitzgerald. Hosted on Acast. See acast.com/privacy for more information.
10/7/2015 • 36 minutes, 1 second
Reasons to be Cheerful? Ireland's Economic Turnaround
With growth reaching the retail sector and unemployment continuing to fall, economic recovery seems to be extending further into Irish society. How has this turnaround been achieved? How much credit is due the Government's economic policies? Is the new capital plan appropriate, and what risks threaten continued growth?To answer those questions, host Ciarán Hancock is joined by Economics Editor Arthur Beesley, Business Affairs Correspondent Mark Paul and economist Jim Power. Hosted on Acast. See acast.com/privacy for more information.
9/30/2015 • 28 minutes, 11 seconds
Web Summit Sadness, Digicel Delight
In this week's podcast Ciaran Hancock discusses the apparently shock announcement that the Web Summit is to leave Dublin with Ciara O'Brien. Later in the podcast Ciaran hears more about the Digicel IPO with Mark Paul. Inside Business is a weekly business podcast. It is researched by Declan Conlon and produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
9/23/2015 • 22 minutes, 47 seconds
The Fed's Big Moment/Rugby Cash Bonanza
In this week's Inside Business podcast Arthur Beesley analyses the Fed's much discussed interest rate rise with John McManus and Eoin Burke-Kennedy. Later in the podcast Arthur evaluates the commercial prospects for the Rugby World Cup with Laura Slattery and Dominic Coyle. Inside Business is a weekly business podcast. It is researched by Declan Conlon and produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
9/16/2015 • 28 minutes, 32 seconds
Gender Pay Gap, Tax-avoiding Doctors
An investigation of the tax affairs of hospital consultants has so far netted over €30 million in unpaid taxes. In part one of today's podcast, Health Correspondent Paul Cullen tells Laura about the schemes used by medical professionals to avoid tax, and how their targeting by Revenue may hurt attempts to lure doctors back to Ireland. In part two (8.15) we look at the stubborn gender pay gap. In Ireland it still stands at 14.4%, while UK companies may soon be forced to publish the difference in pay for their male and female workers. Business journalist and workplace expert Charlie Taylor tells Laura what companies here can do to redress the imbalance. Hosted on Acast. See acast.com/privacy for more information.
9/9/2015 • 18 minutes, 47 seconds
Top 100 Brands, Eircom Rebranding
In part one Mark Paul tells Laura about eircom's imminent rebranding and what the company's new image will look like. But why do they need to do this, and what effects are they hoping it will have? In part two, Stephen Wynn-Jones and Conor Pope look at a survey revealing our favourite brands, and what they say about how savvy or naive we are when pushing the trolley. Hosted on Acast. See acast.com/privacy for more information.
9/2/2015 • 29 minutes, 3 seconds
Paddy Power/Betfair Merger + Mysterious Markets
In this week's podcast Ciaran Hancock returns and discuss a turbulent week for the markets with John McManus, Chris Johns, and, Clifford Coonan in China. Later in the podcast he analyses the merger of Paddy Power and Betfair with Barry O'Halloran. Inside Business is a weekly business podcast. It is researched by Declan Conlon and produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
8/26/2015 • 32 minutes, 10 seconds
Amazon, Performance Reviews, Windows 10
A controversial New York Times article has accused Amazon of treating its workers unfairly and put its practice of 'rank and yank' performance reviews under the spotlight. Business Journalist Charlie Taylor explains the story and how harsh performance reviews have fallen out of fashion in many companies. In part two: As the roll-out of Microsoft's latest operating system Windows 10 continues, Technology Journalist Ciara O'Brien explains what is new, what features are attracting praise and criticism, and privacy concerns over access to user information. Hosted on Acast. See acast.com/privacy for more information.
8/19/2015 • 27 minutes, 46 seconds
Greek Bailout III, Lotto Changes
Laura Slattery is joined on the line by Athens Correspondent Damian Mac Con Uladh and in studio by Managing Editor Cliff Taylor to discuss the economics and politics behind the new Greek bailout, some of the unusual stipulations included in the terms of the deal and what the next steps are in the never-ending Greek saga. In part two Business Reporter Eoin Burke Kennedy explains the counter-intuitive logic behind the decision to raise prices and lengthen odds for Lotto players. Hosted on Acast. See acast.com/privacy for more information.
8/12/2015 • 31 minutes, 32 seconds
"Mega deals", Chinese Stock Shock
TV3, CRH, Elán, Aer Lingus: Ireland's mergers and acquisitions market has seen several big deals this year already. Arthur Beesley is joined by The Irish Times' Mark Paul and Simon Howley of Goodbody Corporate Finance to look at the deals that have gone through and what they tell us about underlying economic conditions. They also discuss the funding available for these deals and whether we've returned to the days of "debt-fuelled feeding frenzies". In part two Clifford Coonan is on the line from Beijing to explain why China's stock market has fallen by 30% in the last month and how some of China's many lay investors have lost it all in the carnage. Hosted on Acast. See acast.com/privacy for more information.
8/5/2015 • 35 minutes, 57 seconds
PTSB Troubles, Fair-trade Smartphones
Mistakes by Permanent TSB that led to the repossession of some customer's houses has hit the majority state-owned bank's reputation this week. Arthur Beesley is joined by Finance Correspondent Ciarán Hancock and David Hall of the Irish Mortgage Holders Association to look at how the errors came about, what they mean for those affected and the bank's controversial announcement yesterday. In part two: smartphones are now ubiquitous pieces of kit. But we don't know much about what materials go into them, or the trouble that getting the stuff is causing in the developing world. Derek Scally calls from Berlin to tell Arthur about a new kind of phone whose makers aim to reduce the harm caused by the smartphone industry, and make tougher, longer-lasting phones while they're at it. But are the phones any good? Hosted on Acast. See acast.com/privacy for more information.
7/29/2015 • 36 minutes, 6 seconds
Nama in Prague, Bray Wanderers
In this edition of Inside Business Laura Slattery discusses the latest travails of Nama; a dispute with a Czech property company. She is joined by John McManus and Mark Paul. Later in the podcast she examines the problems facing Bray Wanderers with Colm Keena and Emmet Malone. Inside Business is a weekly business podcast. It is researched by Declan Conlon and produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
7/22/2015 • 38 minutes, 10 seconds
Nama + Wallace, Banking Inquiry Review
This week Arthur Beesley discusses the latest allegations made by Deputy Mick Wallace about NAMA and the current status of the Oireachtas banking inquiry. He is joined by Mark Paul and Ciaran Hancock.Inside Business is a weekly business podcast. It is researched by Declan Conlon and produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
7/15/2015 • 41 minutes, 35 seconds
Nama in Northern Ireland
This week Laura Slattery discusses the controversy involving NAMA and the sale of it's Northern Ireland loan book. She is joined by Gerry Moriarty from Belfast and, John McManus and Barry O'Halloran in studio in Dublin.Inside Business is a weekly business podcast produced by Sinead O'Shea in association wtih Irish Life. Hosted on Acast. See acast.com/privacy for more information.
7/8/2015 • 16 minutes, 37 seconds
Greek Capitulation?
Arthur Beesley discusses the latest phase of the Greek crisis with John McManus, Chris Johns and Conall Mac Coille. Inside Business is a weekly business podcast researched by Declan Conlon and produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
7/1/2015 • 29 minutes, 43 seconds
Greek Deal, Poolbeg and Lux Leaks
In this week's Inside Business podcast Arthur Beesley discusses the latest on the Greek deal from Brussels with Suzanne Lynch, John McManus and Alan McQuaid from Merrion Capital. Later in the podcast he talks about the links between the Lux Leaks investigation and Poolbeg with Colm Keena. Inside Business is a weekly business podcast researched by Declan Conlon and produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
6/24/2015 • 34 minutes, 41 seconds
Clerys, Dublin Retail Sector, Greece
With Clerys gone, what next for the Dublin retail sector? Arthur Beesely is joined by Damian O'Reilly of DIT and Richard Guiney of business representative organisation Dublin Town to discuss what shops need to do to survive and whether O'Connell Street can be restored. Later we hear from Damian Mac Con Uladh on the gloomy outlook in Athens where people are slowly withdrawing their cash as the risk of Grexit grows, and Suzanne Lynch in Brussels on the increasingly desperate negotiations with creditors. Hosted on Acast. See acast.com/privacy for more information.
6/17/2015 • 32 minutes, 29 seconds
Climate Change Council, Apple Music
Laura Slattery is joined by Eoin Burke-Kennedy of The Irish Times and Oisín Coghlan of Friends of the Earth to look at the establishment of the Expert Advisory Council on Climate Change, which it was announced today will include among its members Ottomar Edenhofer of the powerful Intergovernmental Panel on Climate Change. They discuss the composition of the council, the strengths and weaknesses of the Climate Change Bill, and the challenges and opportunities for Irish business presented by emissions reduction. In part two, Business Reporter Ciara O'Brien tells Laura about how Apple plans to make its mark on the music streaming industry with the launch of its own Apple Music service. Hosted on Acast. See acast.com/privacy for more information.
6/10/2015 • 36 minutes, 49 seconds
The Politics of Irish Media Mergers
This week Arthur Beesley discusses the politics of Irish media mergers with Laura Slattery and Stephen Collins. Inside Business is a weekly business podcast researched by Declan Conlon and produced by Sinead O'Shea Hosted on Acast. See acast.com/privacy for more information.
6/3/2015 • 20 minutes, 38 seconds
Aer Lingus Sale, Ryanair Profit
This week Arthur Beesley discusses the sale of Aer Lingus and the extraordinary rise in profits for Ryanair with Fiach Kelly, Barry O'Halloran and David Holohan, head of research with Merrion Capital. Hosted on Acast. See acast.com/privacy for more information.
5/27/2015 • 29 minutes, 41 seconds
Banking Inquiry, Brexit
This week Arthur Beesley is joined by The Irish Times' finance correspondent Ciaran Hancock and economist Jim Power to discuss what is really going on in the banking inquiry, and whether it is likely to shed much light on the fateful events of September 2008. Plus, with a UK referendum on EU membership now all but certain, how likely are our nearest neighbours to take their ball and go home, and what might that mean for the Irish economy?Inside Business is sponsored by Irish Life. The podcast is produced by Sinead O’Shea and researched by Declan Conlon.You can subscribe to the show or download individual episodes via Soundcloud, iTunes and Stitcher. Hosted on Acast. See acast.com/privacy for more information.
5/20/2015 • 40 minutes, 49 seconds
Larry Goodman and The Revenue Commission
This week Laura Slattery discusses the Revenue Commission's decision to review the international corporate structures used by Larry Goodman’s ABP Food Group and other businesses with John McManus and Colm Keena. Inside Business is a weekly business podcast produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
5/13/2015 • 18 minutes, 52 seconds
UK Media Election, Greece
This week Laura Slattery discusses the behaviour of the British media in the run up to the UK elections with Mark Hennessy and Dr. Kathryn Simpson. She also hears about the latest from Greece with Suzanne Lynch.Inside Business is sponsored by Irish Life. The podcast is produced by Sinead O’Shea and researched by Declan Conlon. Hosted on Acast. See acast.com/privacy for more information.
5/6/2015 • 31 minutes, 11 seconds
Spring Statement Analysis
This week Arthur Beesley analyses the contents of the Government spring statement with Cliff Taylor and Professor Philip Lane. Inside Business is weekly business podcast. It is produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
4/29/2015 • 26 minutes
Legal Fees and Accountancy Fees
This week Arthur Beesley discusses the issues surrounding legal and accounting fees with Fiona Reddan from The Irish Times and former government adviser Jennifer Carroll MacNeill. Inside Business is a weekly business podcast for The Irish Times. It is presented by Ciaran Hancock and produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
4/22/2015 • 20 minutes, 11 seconds
Full Employment, Permanent TSB, Banking
First this week Ciaran is joined by Economics Editor Arthur Beesley and economist and Irish Times columnist Chris Johns to discuss Ireland's falling unemployment rate, and whether the government's target of under 6% without jobs by 2018 is achievable. In part two, Ciaran and Chris analyse state-owned Permanent TSB's new share offering, and competitiveness in the Irish banking sector. Inside Business is sponsored by Irish Life. The podcast is produced by Sinead O’Shea and researched by Declan Conlon. Hosted on Acast. See acast.com/privacy for more information.
4/15/2015 • 34 minutes, 7 seconds
Kelloggs + Denis O'Brien's Russian colleague
This week Ciaran is joined by Mark Paul and Colm Keena to discuss Kellogg's tax avoidance strategy and Denis O'Brien's links with Russian oligarch Mikhail Fridman. Hosted on Acast. See acast.com/privacy for more information.
4/8/2015 • 30 minutes, 6 seconds
Property Slowdown? Multimillionaires
This week Laura Slattery discusses the latest on the property market with Conall Mac Coille chief economist with Davy and the rise of the superwealthy with Liam Bailey from Knight Frank. Hosted on Acast. See acast.com/privacy for more information.
4/1/2015 • 24 minutes, 38 seconds
Irish Data future
This week Ciaran Hancock discusses the future for Irish data law with Elaine Edwards and Derek Scally. Hosted on Acast. See acast.com/privacy for more information.
3/25/2015 • 30 minutes, 50 seconds
Ryanair Transatlantic, Aer Lingus Future
This week Ciaran discusses the prospects for Ryanair's transatlantic flight plans with Eogan Corry from Travel Extra and Pamela Newenham. Plus he analyses the latest on the Aer Lingus deal with Barry O'Halloran. Hosted on Acast. See acast.com/privacy for more information.
3/18/2015 • 33 minutes, 6 seconds
Apple watch/Arthur Cox
This week Laura Slattery discusses the Apple Watch with Ciara O'Brien and the singular career of Arthur Cox with Arthur Beesley. Hosted on Acast. See acast.com/privacy for more information.
3/11/2015 • 26 minutes, 22 seconds
Supercars, Mobile World Congress
This week Ciaran is joined by Michael McAleer who has just returned from the International Geneva Motor Show and Pamela Newenham who is reporting from the Mobile World Congress in Barcelona. Hosted on Acast. See acast.com/privacy for more information.
3/4/2015 • 24 minutes, 17 seconds
Petroceltic spat, Irish oil
This week Ciaran asks Business Affairs Correspondent Mark Paul about the battle for control of oil explorer Petroceltic. They're joined by David Holohan of Merrion Capital for analysis of the Irish oil exploration sector. Hosted on Acast. See acast.com/privacy for more information.
2/25/2015 • 22 minutes, 35 seconds
The News Business
This week Hugh Linehan sits in for Ciaran Hancock and discusses the introduction of the new paid subscription for The Irish Times with editor Kevin O'Sullivan and managing editor Liam Kavanagh. Hosted on Acast. See acast.com/privacy for more information.
2/18/2015 • 21 minutes, 4 seconds
Swiss Leaks
This week Ciaran Hancock discusses the Swiss Leaks project with John McManus, Laura Slattery and Suzanne Lynch. Hosted on Acast. See acast.com/privacy for more information.
2/11/2015 • 16 minutes, 10 seconds
Bankruptcy
This week Ciaran Hancock discusses bankruptcy. Hosted on Acast. See acast.com/privacy for more information.
2/4/2015 • 36 minutes, 40 seconds
Silicon Docks - Ireland Tech Hub
This week Ciaran discusses the rise of Ireland's tech scene with Barry O'Dowd from the IDA and Pamela Newenham who has just edited a new book on the subject called Silicon Docks. Hosted on Acast. See acast.com/privacy for more information.
1/28/2015 • 25 minutes, 46 seconds
Davos, Quantitative Easing
This week Ciaran hears from Arthur in Frankfurt and discusses the ECB decision to launch a huge bond buying programme, and he hears from John McManus and Suzanne Lynch who are reporting on the great and the good from Davos. Hosted on Acast. See acast.com/privacy for more information.
1/22/2015 • 27 minutes, 4 seconds
Sean Quinn, AIB Outsourcing
This week Ciaran is joined by Larry Broderick of the Irish Bank Officials' Association to hear about the details of AIB's IT outsourcing program, and by The Irish Times' Public Affairs Correspondent Colm Keena to discuss the latest developments in the Sean Quinn bankruptcy story. Hosted on Acast. See acast.com/privacy for more information.
1/14/2015 • 23 minutes, 2 seconds
Drumm, Data + CES
This week Ciaran discusses the latest on David Drumm, data issues for 2015 and hears about the CES conference in Las Vegas. Hosted on Acast. See acast.com/privacy for more information.
1/7/2015 • 36 minutes, 50 seconds
2014 Business Review and Predictions
For this special podcast Ciaran Hancock and Tom Lyons review the year gone by and predict what will make for the top business stories of 2015. Hosted on Acast. See acast.com/privacy for more information.
12/29/2014 • 39 minutes, 58 seconds
Wetherspoons versus Heineken
On this week's show Tom Lyons is joined by Eoin Burke- Kennedy and Conor Pope to discuss the entry of Wetherspoons to the Irish pub market, its dispute with Heineken and what it means for the market and for consumers. Hosted on Acast. See acast.com/privacy for more information.
12/17/2014 • 18 minutes, 36 seconds
Lux Leaks 2
Tom Lyons discusses the latest Lux Leaks with Colm Keena in Dublin and Suzanne Lynch in Brussels. Hosted on Acast. See acast.com/privacy for more information.
12/9/2014 • 26 minutes, 16 seconds
Oil Prices, Northern Ireland Tax
This week Ciaran discusses what the fall in oil prices means for the economy and the consumer, with Irish Times business journalist Barry O'Halloran, Tom Noonan of Maxol and Conor Faughnan of the AA. Plus, Irish Times' London Correspondent Mark Hennessy reports on the possible devolution of corporate tax powers to Northern Ireland, and other highlights from George Osborns's Autumn Statement. Hosted on Acast. See acast.com/privacy for more information.
12/3/2014 • 28 minutes, 51 seconds
Home Ownership
In this week's show Tom Lyons discusses the futures for people wishing to buy homes in Ireland and the government measures to help them. He is joined by Ciaran Hancock, David Hall and Fiach Kelly. Hosted on Acast. See acast.com/privacy for more information.
11/26/2014 • 30 minutes, 15 seconds
Leaving NAMA
This week Ciaran Hancock discusses Johnny Ronan's likely exit from NAMA and how other debtors have fared since leaving the agency with Tom Lyons and Barry O'Halloran. Hosted on Acast. See acast.com/privacy for more information.
11/19/2014 • 21 minutes, 35 seconds
Irish Meat Market
This week Tom Lyons discusses the Irish meat market with Ger Bergin from the Irish Farmers Association and Mark Paul from The Irish Times. Hosted on Acast. See acast.com/privacy for more information.
11/12/2014 • 19 minutes, 57 seconds
Lux Leaks
A special podcast with Colm Keena, Ciaran Hancock and John McManus about the Lux Leaks project. Hosted on Acast. See acast.com/privacy for more information.
11/5/2014 • 19 minutes, 44 seconds
German Money, C&C
Tom Lyons discusses the arrival of German money later this week and C&C's rumoured entry into the UK pub business. Hosted on Acast. See acast.com/privacy for more information.
10/29/2014 • 20 minutes, 5 seconds
Water Charges and Bonuses
This week Ciaran Hancock discusses public sector bonuses with Laura Slattery, Eddie Molloy and Dominic Coyle. Hosted on Acast. See acast.com/privacy for more information.
10/22/2014 • 25 minutes, 17 seconds
Business Budget?
What kind of budget is this for the business community? Ciaran Hancock discusses with Arthur Beesley, Danny McCoy and Jack O'Connor. Hosted on Acast. See acast.com/privacy for more information.
10/15/2014 • 31 minutes, 4 seconds
Property Bubble Budget and the Central Bank?
Tom Lyons discusses the housing market and Government and Central Bank strategy with Cliff Taylor, Carl O'Brien and Conor Pope. Hosted on Acast. See acast.com/privacy for more information.
10/8/2014 • 25 minutes, 22 seconds
Twitter Power
A new list of power tweeters has been released. Tom Lyons (52) discusses with David Cochrane (9), Harry McGee (5) and Laura Slattery (0) Hosted on Acast. See acast.com/privacy for more information.
10/1/2014 • 23 minutes, 7 seconds
Tax Breaks v Social Cohesion - Budget 2014
Tax Breaks v Social Cohesion - Budget 2014 by Inside Business with Ciaran Hancock Hosted on Acast. See acast.com/privacy for more information.
9/24/2014 • 32 minutes, 59 seconds
Apple, Media, OECD, Corporate Tax
Apple, Media, OECD, Corporate Tax by Inside Business with Ciaran Hancock Hosted on Acast. See acast.com/privacy for more information.
9/17/2014 • 34 minutes, 50 seconds
Christoph Müller
This week Ciaran Hancock meets Christoph Müller. They discuss his time with Aer Lingus and this plans for the future alongside the Aer Lingus relationship with Ryanair and the government. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
9/10/2014 • 38 minutes, 16 seconds
FBD
This week Ciaran Hancock meets Andrew Langford CEO of FBD insurance. Langford explains why motor tax premiums will rise this year and the impact of extreme weather on the company's profits. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea.It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link.https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
9/3/2014 • 22 minutes, 27 seconds
Leinster Rugby, Corporate Tax
In this week's podcast, Tom talks with Ciaran Hancock about a new sponsorship deal for Leinster and the broader picture for Irish rugby, and with Arthur Beesley about resistance to changes in Ireland's corporate tax regime. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea.It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link.https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
8/27/2014 • 24 minutes, 32 seconds
Eurozone v Irelandzone
In this week's podcast, Ciaran talks to Derek Scally about contraction in the German economy, and with Chris Johns and Eoin Burke Kennedy about the wider European outlook and what it means for Irish recovery. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea.It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link.https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
8/20/2014 • 23 minutes, 51 seconds
Spar, Fyffes, Driverless Cars
In this week's show Tom discusses the Spar and Fyffes deals with Mark Paul and hears about the advent of driverless cars with Michael McAleer. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea.It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link.https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
8/13/2014 • 22 minutes, 33 seconds
2FM, Exchequer Returns, Michael O'Flynn
In this week's show Ciaran discusses the future of 2FM with Laura Slattery. He also considers the latest exchequer returns with Eoin Burke Kennedy and Chris Johns. Plus he hears the latest from the Michael O'Flynn case with Barry O'Halloran. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea.It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link.https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
8/6/2014 • 29 minutes, 11 seconds
David Duffy AIB
This week Ciaran Hancock meets David Duffy. They discuss AIB's latest, positive results and the bank's plans to invest in new housing for Dublin later this year. They also chat about David Duffy's decision to join AIB after his time working abroad and the challenges he faced upon returning to Irish working life. Inside Business is a weekly business podcast presented by Tom Lyons and Ciaran Hancock and produced by Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
7/30/2014 • 35 minutes, 20 seconds
Aldi, Patience, Corporate Tax Rate
In this week's show Tom Lyons considers the potential threat to the Irish corporate tax rate from the latest U.S. senate hearings with Simon Carswell. He also discusses the correlation between patience and economic growth with Chris Johns and the death of Aldi founder, Karl Albrecht, with Derek Scally. http://www.diw.de/sixcms/detail.php?id=diw_01.c.469156.enInside Business is a weekly business podcast presented by Tom Lyons and produced by Sinead O’Shea.It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link.https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
7/23/2014 • 26 minutes, 41 seconds
NAMA, INM, Ryanair
In this week's podcast Tom Lyons and John McManus discuss the new proposals by NAMA to solve Dublin's housing problems.He also chats about the new INM appointment with Laura Slattery and Ryanair's latest with Barry O'Halloran.Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea.It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link.https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
7/16/2014 • 20 minutes, 51 seconds
Quinns, Netflix and Greyhounds
In this week's podcast Tom Lyons and Colm Keena discuss the new consortium which has made an offer for former Quinn businesses in a move which could precipitate the return of the Quinn family themselves. He also chats about the future of greyhound racing with racing expert Barry O'Halloran and the decision of Netflix to advertise for a 'tagger' with Laura Slattery. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea.It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link.https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
7/9/2014 • 18 minutes, 55 seconds
Primark, Bitcoins and Bewleys
In this week's show Ciaran discusses the rise of Bitcoins and Primark with Derek Scally and Pamela Newenham and the challenges facing Bewleys and Ryanair with Barry O'Halloran. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
7/2/2014 • 19 minutes, 56 seconds
O'Reilly Insolvency, Eircom, Kentz
In this week's podcast Tom Lyons discusses the latest business stories with Ciaran Hancock, Mark Paul and Barry O'Halloran.Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
6/25/2014 • 24 minutes, 4 seconds
EU Ambassador Martha Stewart
In this week's show Tom Lyons meets David O'Sullivan, the new EU ambassador to the U.S. They discuss the post Snowden relationship between U.S and Europe, the possibility of a new Irish debt deal, our current corporate tax arrangements and O'Sullivan's own trajectory. In the second half of the show Tom Lyons hears from Pamela Newenham about her recent trip to Monaco where she interviewed the singular Martha Stewart. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
6/19/2014 • 25 minutes, 11 seconds
Johnny Ronan
In this week's show Ciaran Hancock discusses the variables of Johnny Ronan's return to business with John McManus business editor and Prof Alan Ahearne. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
6/12/2014 • 27 minutes, 37 seconds
Quinn Case
This week Tom Lyons and Colm Keena discuss the continuing case of Sean Quinn. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
6/5/2014 • 17 minutes, 35 seconds
Tony O'Reilly, Kimye Marketing, Ad Man
In this week's podcast Tom Lyons discusses the achievements, troubles and legacy of Tony O'Reilly with Dominic Coyle and Mark Paul. In the second half of the show he chats to Laura Slattery about Tourism Ireland's appropriation of the Kimye honeymoon and the reductiveness of 'Ad Man.' Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
5/28/2014 • 25 minutes, 6 seconds
Drumm, Apple, Beats, Audio
In this week's podcast Tom Lyons talks to Simon Carswell outside John W McCormack Court House in Boston where David Drumm's bankruptcy trial is taking place. In the second half of the show Tom reviews the future of audio in the wake of Apple's proposed acquisition of Beats and relevant 'noise' from Twitter/Soundcloud and Facebook. He is joined by Davin O'Dwyer and Soundwave CEO Brendan O'Driscoll. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
5/22/2014 • 25 minutes, 35 seconds
Top 1000 Companies, Construction 2020 - Mega Plan
In this week's podcast Tom Lyons discusses the top 1000 companies in the country with Fiona Reddan. He also analyses the Construction 2020 plan with Arthur Beesley and Barry O'Halloran. Inside Business is a weekly business podcast presented by award winning business journalist Tom Lyons and produced by Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
5/15/2014 • 20 minutes, 58 seconds
Richie Boucher - what keeps him awake at night?
May 9th 2014This week Ciaran Hancock meets Bank of Ireland Chief Executive Richie Boucher. They discuss debt forgiveness, the future for Bank of Ireland and Boucher's sensitive genes. Inside Business is a weekly business podcast presented by Tom Lyons and Ciaran Hancock and produced by Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
5/9/2014 • 46 minutes
Anglo/Central Bank Reactions
In this edition of Inside Business and Technology Tom Lyons reflects on the outcome of the Anglo trial with Legal Affairs Correspondent Ruadhan Mac Cormaic and Washington correspondent Simon Carswell, author of Inside Anglo. He is also joined by Finance Correspondent Ciarán Hancock to discuss the reaction of Central Bank and other members of the financial sector. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
5/1/2014 • 22 minutes, 58 seconds
Property Data, Cos and Grafton Street
24/04/14In this episode of Inside Business and Technology Tom Lyons discusses the proposed changes for the construction industry with Business Editor John McManus. Tom also hears about the opening of clothes shop Cos and the implications for the retail and commercial property sector from Media and Marketing Correspondent Laura Slattery. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
4/24/2014 • 14 minutes, 28 seconds
Sheryl Sandberg Highlights
17/04/14Pamela Newenham tells Tom about Sheryl Sandberg's talk to Irish graduates in Dublin this week and plays clips from the session. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
4/17/2014 • 10 minutes
Data Protection Triumph, Tech Stock Slump
10-04-14A landmark European Court of Justice Ruling has dramatically changed how data is going to be managed within the EU and it's all thanks to the efforts of privacy advocates Digital Rights Ireland. In this episode of Inside Business and Technology Dominic Coyle fills in for Tom Lyons and hears about this David versus Goliath case from Karlin Lillington. He also discusses the tech stock slump with Mark Murnane, head of trading with Shelbourne Markets. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
4/10/2014 • 17 minutes, 56 seconds
Smurfit Saga, Pension Horror
03/04/14In this edition of Inside Business and Technology Ciaran Hancock hears from Tom Lyons about his night in Monaco with Michael Smurfit. In the second half of the show Ciaran discusses the moves within the pensions industry towards defined contribution schemes from Dominic Coyle and former CEO of Irish life David Kingston. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
4/3/2014 • 30 minutes, 2 seconds
Sean, Gayle, Vegas and Horses, ECB Promissory Notes
26/03/14In this edition of Inside Business and Technology Ciaran Hancock discusses further testimony from the Sean Dunne bankruptcy hearings with Simon Carswell. He also hears from Suzanne Lynch in Brussels on Anglo promissory notes deal. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O'Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
3/27/2014 • 29 minutes, 53 seconds
KPMG, UTV, TV3, Third Bank for Ireland
20/03/14In this week's business and technology podcast Tom Lyons talks to Sinn Fein's Pearse Doherty about KPMG and how the accountancy firm is coping with the challenge of also being its liquidator. Tom also talks to Ciaran Hancock about the possibility of a third force in Irish banking and to Laura Slattery about the future of UTV.Inside Business & Technology is a free weekly business podcast presented by award-winning business journalist Tom Lyons and produced by Sinead O'Shea. Hosted on Acast. See acast.com/privacy for more information.
3/20/2014 • 26 minutes, 35 seconds
Investments, Ray Nolan, Gervais Williams, Alistair Mundy
13/03/14In this week's podcast Tom Lyons talks to Ray Nolan about the opportunities he sees in the business world and the challenges that lie ahead for Irish companies. He also chats to UK investors Gervais Williams and Alistair Mundy about their investments tips. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and Sinead O’Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
3/13/2014 • 16 minutes, 40 seconds
Padraig O'Ceidigh, BOI, AIB
06/03/14 In this edition of Inside Business and Tech Tom Lyons talks to Aer Arann founder Padraig O'Ceidigh about what it takes to become a successful enterpreneur. He also hears about how Padraig's life changed after a near death experience and how stress can be better managed in corporate life. Later in the show Tom is joined by Ciaran Hancock to discuss the latest Bank of Ireland and AIB results. Inside Business and Tech is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O'Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
3/6/2014 • 29 minutes, 35 seconds
Sean Dunne, Love, Mobile World Congress
What did Sean Dunne want from Gayle Killilea in return for 100 million euros? Love and affection, he says. In this week's podcast Tom Lyons and Simon Carswell go deep on Sean Dunne. We hear exclusive extracts from his bankruptcy hearing about his financial arrangements with Gayle Killilea. Later in the show Tom Lyons talks to Ciara O'Brian about her trip to the Mobile World Congress and she gives us the latest on What's App and wearables. Inside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons and produced by Sinead O'Shea. It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link. https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
2/27/2014 • 27 minutes, 24 seconds
Chris Horn, Commercial Property Mega Deals, the Mirror that shops for you
20/02/14 In this show Tom Lyons talks to Iona founder Chris Horn about the Irish Times Innovation Awards and producer Sinéad O’Shea interviews some of the entrants, Viddyad, Komodomath.com and Gesaky, the mirror that helps picks your clothes. Later in the show Tom examines the increased bullishness of the commercial property market with Marie Hunt from CRBE and Jonathan Hillier from HWBC.BusinessInside Business is a weekly business podcast presented by award winning business journalist, Tom Lyons.It can be listened to and downloaded via Soundcloud and iTunes.It can be delivered for free to you each week via this link.https://itun.es/i66S9v7 #iTunesAndroid users can access this podcast via stitcher.com/s?fid=44906&refid=stpr Hosted on Acast. See acast.com/privacy for more information.
2/21/2014 • 36 minutes, 1 second
Donald Trump, IBEC and Evoke
13/02/14In this week's show Tom Lyons talks to Barry O'Halloran about the IBEC conferences and the cheers for Richie Boucher. He hears about the launch of the 'nice and fluffy and huggable and loveable' evoke.ie from Laura Slattery. Plus he speaks to Donald Trump Jr about their acquisition of Doonbeg. Hosted on Acast. See acast.com/privacy for more information.
2/13/2014 • 21 minutes, 31 seconds
O'Leary's Greatest Stunt, ECB, Promissory Notes
07/02/14 In this week's show Tom Lyons discusses the latest business news with Barry O'Halloran and Mark Paul including the gentrification of Ryanair and the Element Six judgement. He also hears about the ECB meet from Suzanne Lynch in Frankfurt and Chris Johns. They analyse the decision to leave its key lending rate unchange and they review the review of the promissory note deal. Hosted on Acast. See acast.com/privacy for more information.
2/7/2014 • 32 minutes, 51 seconds
Facebook, Apple Wearables and Female Entrepeneurs
30/01/14 This week Tom Lyons talks about the future for Facebook shares and Apple wearables with Ciara O'Brien and Niall Harbison, joint CEO of PR Slides. He also hears about women in business from Ann Horan of the DCU Ryan Academy for Entrepeneurs and Ann Donnelly, co founder of Darling Cocktails. Hosted on Acast. See acast.com/privacy for more information.
1/30/2014 • 26 minutes, 31 seconds
Vodafone shares, Denis in Ethiopia and Davos
22/01/14 On this week's new Business and Technology Show Tom Lyons chats to Mark Paul and Ciaran Hancock about the latest business stories including Denis O'Brien's future plans. We hear from the Summit's Daire Hickey in Davos and what needs to be done with Vodafone shares from Dominic Coyle. Hosted on Acast. See acast.com/privacy for more information.
1/23/2014 • 26 minutes, 10 seconds
Chabal and Currency Fair, Nest/Google
17/01/14Irish Times inaugural business and technology podcast. Featuring analysis of Ardagh, SIAC, Nest/Google Deal, Irish Water and the Irish consultancy scene plus how Currency Fair persuaded Sebastien Chabal to dress up as a fairy. Hosted on Acast. See acast.com/privacy for more information.