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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Róisín Ingle: Dear Ukrainians arriving in Ireland...
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We are honoured to have you here. This is what you need to know about us See acast.com/privacy for privacy and opt-out information.Por The Irish Times
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Irish Times Inside Business


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Business class weathers the pandemic / pension auto-enrolment
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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-…
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Irish Times Inside Business


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The pendulum swings down for insurance costs - but for how long?
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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.…
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Irish Times Inside Business


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Seán FitzPatrick's legacy / The real aviation climate villains
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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 ho…
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Irish Times Inside Business


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What's happening at Web Summit? / Janet Yellen visits Dublin
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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…
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Irish Times Inside Business


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Will Ireland be able to meet the recommended carbon budgets?
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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 upcom…
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Irish Times Inside Business


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"Turbo-charging the affordable housing sector" - Land Development Agency CEO John Coleman
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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.Por Inside Business with Ciaran Hancock
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Budget 2022: Exchequer turnaround allows lots of spending & tax breaks, but disappointment for some
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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.Por Inside Business with Ciaran Hancock
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“In the future we are probably going to sell a mosaic of energies” - Maxol's Brian Donaldson
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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 outl…
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Irish Times Inside Politics


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Pre-budget discussions, Mica redress and a divisive pandemic bonus
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Pat Leahy, Jennifer Bray and Jack Horgan-Jones from the Irish Times politics team join Hugh to discuss the major considerations for the government ahead of Budget day on October 12th. They also look at the divisive politics of the public service pandemic bonus and the latest on the Mica redress scheme.…
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 r…
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Irish Times Inside Business


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The Great Resignation / Room to move on Ireland’s corporate tax rate?
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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…
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Irish Times Inside Politics


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Germany election special: who will replace Angela Merkel?
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Berlin correspondent Derek Scally joins Hugh for a deep dive into the most interesting German federal election in decades, which takes place on Sunday. How did Angela Merkel's centre-right CDU, now under the leadership of Armin Laschet, blow its lead in the election race? And who are the other leaders and parties in contention?…
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Irish Times Inside Business


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Budget 2022: balancing the books after a crisis
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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 l…
After a turbulent summer break for the coalition, the country’s political parties hunkered down for their respective think-in meetings over the last two weeks, before the return of the Dáil. Pat Leahy and Jack Horgan-Jones of The Irish Times political team report back to Hugh on the dominant narratives to emerge from the Fine Gael, Fianna Fáil and …
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Irish Times Inside Business


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TV executive Pat Kiely on teaming with Fox to put Irish talent on screen
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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 a…
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Irish Times Inside Politics


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The legacy of ‘Celtic Tiger’ housing - with Eoin Ó Broin
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Sinn Féin housing spokesperson Eoin Ó Broin’s latest book, Defects: Living with the legacy of the Celtic Tiger, tells the stories of some of the thousands of people living in dangerous homes with serious fire safety and structural defects in different parts of Ireland. The book also explains how decades of light touch building regulation and the de…
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…
Hugh is joined by Pat Leahy, Jennifer Bray and Cormac McQuinn from the Irish Times politics team to discuss the Government's roadmap for the easing of pandemic restrictions, as revealed by Taoiseach Micheál Martin yesterday. They also look ahead to Minister Daragh O'Brien's much vaunted 'Housing for All' plan, the hurdles the Government is likely t…
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Irish Times Inside Business


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Giving elite athletes' finances a sporting chance
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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…
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Irish Times Inside Politics


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Empire of Pain - with Patrick Radden Keefe
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Patrick Radden Keefe is an American writer and investigative journalist. His new book, Empire of Pain is a detailed history of the Sackler dynasty and their role in the American opioid epidemic. Known for their dedication to cultural philanthropy, the family built their wealth on pharmaceuticals, starting with tranquillisers like Librium and Valium…
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Irish Times Inside Business


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Live events industry in limbo / North-south trade soars
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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 roa…
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Irish Times Inside Politics


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The Powerful and the Damned - with Lionel Barber
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As one of the world's most respected newspaper editors, Lionel Barber spent over a decade at the helm of The Financial Times. His tenure coincided with some of the biggest events to shape the early part of the 21st century including the rise of China, Brexit, the tech boom and the crisis of western liberal democracy. Barber has documented his time …
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 ren…
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Irish Times Inside Politics


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Aftermath of Zapponegate, a stark climate warning
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Jack Horgan-Jones and Jennifer Bray join Hugh to assess the damage done by the recent Zappone controversy. Now that the dust has settled, what will it mean for Coveney, Varadkar and the future of the government. The team also discuss the easing of Covid restrictions and the recent UN Climate Change report, which signals a ‘code red’ for humanity.…
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Irish Times Inside Business


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“Great creativity comes out of difficult times” - Fiona Dawson on her retirement from Mars Food
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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…
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Irish Times Inside Politics


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Washington Letter: Suzanne Lynch on her time in the US
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Suzanne Lynch arrived in the US to take up her new role as Irish Times Washington correspondent ten days after Donald Trump's inauguration. As she prepares to leave the US capital this week for a new role in Brussels, she talks to Hugh about what it was like to report on the most extraordinary presidency in US history.…
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Irish Times Inside Business


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"We need to woo airlines back into Ireland" - DAA's Dalton Philips on aviation after Covid
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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. …
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Irish Times Inside Politics


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The next phase of the vaccine campaign / Dominic Cummings
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This week, London Editor Denis Staunton engaged in a brief, yet courteous Twitter exchange with former Downing Street advisor Dominic Cummings. Here he tells Hugh the details behind their interaction and about Cummings’ latest musings on Brexit and the Northern Ireland protocol. But first, Hugh is joined by Jennifer Bray and Jack Horgan-Jones to di…
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Irish Times Inside Business


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The return of non-essential international travel
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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, N…
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Irish Times Inside Politics


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End of term AMA special / Des O'Malley
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With the Dáil term drawn to a close, Pat, Harry and Jen join Hugh to answer our listener's questions about politics. But first, Pat recalls the influential political career of former minister and founder of the Progressive Democrats Des O'Malley, who has died aged 82.Por Inside Politics
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The EU's sweeping climate change plan / "Scared and stressed" over-60s in mortgage arrears
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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…
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Irish Times Inside Politics


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How Ireland Voted 2020 - with Dr Theresa Reidy
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The 2020 election marked the end of an era in Irish politics, with Sinn Féin winning the most votes for the first time ever and the previously dominant parties reduced to a fraction of their former strengths. In today’s episode Hugh is joined by Pat Leahy and UCC’s Dr Theresa Reidy to look back at the last general election and how it broke the moul…
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Irish Times Inside Politics


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Bacik gives Labour a much-needed good day out
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Labour’s Ivana Bacik looked on course to top the poll in the Dublin Bay South byelection since tally figures on Friday morning put her on 30%. She went on to top the first count more than 1,000 votes ahead of Fine Gael’s James Geoghegan. Bacik’s win gives her party its first moment of electoral good news in a decade and leaves the government partie…
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Irish Times Inside Business


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France urge Ireland to reconsider tax rate
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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 …
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Irish Times Inside Politics


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Delta: more tough decisions for Government
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The Government is coming under increasing pressure from all angles, as it wrestles with the toughest decisions for months on how to manage the pandemic. The hospitality sector desperately wants indoor dining to resume on July 19th, but there is growing concern among public health advisers at the prospect of a surge in cases driven by the Delta vari…
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 busin…
On Thursday July 8th, voters in Dublin Bay South will cast their votes in a byelection, triggered by the resignation of former Fine Gael TD Eoghan Murphy. What might the results tell us about the wider political picture here in Ireland and will this be an early indicator for the next general election? To take a look back through some pivotal byelec…
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Irish Times Inside Business


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How realistic are the post-Covid spending plans? / Northern Ireland trade
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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 wi…
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Irish Times Inside Politics


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Delta threat looms large, a new DUP leader at the helm
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The DUP will have its third leader in the space of two months when Jeffrey Donaldson is officially appointed on Saturday. Can he lead the party out of crisis? Pat Leahy talks to editor of the Slugger O’Toole website, Mick Fealty, about the challenges he faces. But first, Pat is joined by Jennifer Bray and Jack Horgan-Jones to discuss the threat pos…
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Irish Times Inside Business


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Stobart Air closure: what's next for the aviation sector?
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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…
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Irish Times Inside Politics


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Susan McKay on the lives of northern Protestants: "It's a full-blown crisis within Unionism"
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21 years on from her book Northern Protestants: An Unsettled People, Susan McKay revisits the lives of that community in her new book Northern Protestants: On Shifting Ground. She talks to Hugh about the strong forces now acting on northern Protestants, Unionists and Loyalists.Por Inside Politics
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G7 tax deal: what was agreed and what does it mean for Ireland?
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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 suc…
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Irish Times Inside Politics


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Mother and Baby Homes: “The overall picture is not as it should be”
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Five months on from the final report of the Mother and Baby Homes Commission of Investigation, controversy still surrounds the methodology used by the three inquiry members, the treatment of witness statements and the conclusions reached regarding the culpability of church and state. Members of the commission have not replied to calls to appear bef…
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Irish Times Inside Politics


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Niall Ferguson: We’re obsessed with mass disaster, yet surprised when it happens
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Historian Niall Ferguson’s new book 'Doom: The Politics of Catastrophe' offers a sweeping compendium of the many appalling catastrophes that have befallen mankind, and how we have dealt with their aftermath. He talks to Hugh about his book, Covid and the possibility of a war between China and the US.…
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Irish Times Inside Business


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Restaurants struggle to recruit staff / Does the pandemic recovery plan go far enough?
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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.…
With the Dublin Bay South byelection looking likely to take place in early July, Harry McGee and Jennifer Bray join Hugh for a deep-dive on the competitive constituency, as parties vie for the seat left vacant by the former housing minister Eoghan Murphy.Por Inside Politics
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Hotels and restaurants ready to reopen
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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.…
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Will Sinn Féin lead the next government?
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Today the team take a look at what role Sinn Féin will play in forming the next government. Although there is a widespread assumption in political circles and elsewhere that Mary Lou McDonald’s party will take the majority, will their path to power be that straightforward? And if there is a Sinn Féin led government, what will it look like and how w…
Mark Weiss reports from Jerusalem where there is a possibility of a ceasefire between Hamas militants in Gaza and Israel. What needs to happen to make a ceasefire work, and how do Israelis feel about the conflict that has claimed many more Palestinian than Israeli lives and been met with widespread condemnation as disproportionate?…