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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…
 
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…
 
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 …
 
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…
 
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…
 
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…
 
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…
 
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.…
 
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.…
 
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 c…
 
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…
 
Eoin Burke Kennedy from the Irish Times and DCU Professor John Doyle join Ciaran Hancock to discuss the potential economic impact of Irish reunification.โดย Inside Business with Ciaran Hancock
 
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 Ciara…
 
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…
 
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 thought…
 
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…
 
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 th…
 
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 rangin…
 
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 ma…
 
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 t…
 
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 becom…
 
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 marke…
 
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 Don…
 
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 a…
 
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 …
 
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 trav…
 
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.…
 
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…
 
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 …
 
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 …
 
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 …
 
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 situat…
 
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 experienc…
 
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…
 
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.โดย Inside Business with Ciaran Hancock
 
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 l…
 
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 brin…
 
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…
 
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 Insti…
 
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 lock…
 
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…
 
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 investmen…
 
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.…
 
"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 plu…
 
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 corresp…
 
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 …
 
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 w…
 
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 of…
 
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.…
 
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…
 
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