Irish Times Inside Business

Economist and writer David McWilliams was scathing about the level of dereliction in Dublin city in a recent article in the Irish Times. He suggested tax breaks and other measures to breathe new life back into the capital and to get more people living in the city centre. He joined host Ciarán Hancock to discuss his ideas and how we can learn from the mistakes of the not-too-distant past.Plus, it’s been another busy week on the tariff front with US President Donald Trump sending a letter to the EU threatening higher taxes on European imports into America. Cliff Taylor of the Irish Times has been covering this story and he joined Ciarán to talk through the contents of the letter, potential consequences for Ireland and whether this is yet another ploy by Donald Trump in this drawn-out negotiation with the EU.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.

 This week we’re looking at the Juggle that women with young children have to make in Ireland to find a work-life balance.It’s an age-old problem in Ireland with no solution yet in sight. Margaret Ward writes about Work issues each week for the Irish Times as well as running her own consultancy business Clear Eye and she’s written a series of articles on the Juggle in recent weeks.Aideen Finnegan is an audio producer with The Irish Times and the host of the Better with Money podcast. She has two young children, and you’ll hear her tell host Ciarán Hancock about the daily grind she and her husband face to get their kids to creche and school while also commuting to work to earn a living.Both of them offer their clear views on what Government and employers need to do to help young mothers balance their responsibilities at home and in the workplace.Also in this episode of Inside Business, Donald Trump recently got his Big Beautiful Act through Congress, which allows for major cuts in taxation while boosting

This week we are looking at the phenomenon of the D4 farmer. Not some wealthy entrepreneur herding cattle in Ballsbridge but wealthy individuals buying up farmland around the country as a wheeze to reduce the inheritance tax bills for their children.How does the tax break work? What impact will it have on land prices? And is anything being done to change it?Fiona Reddan of the Irish Times wrote a brilliant article on this last week and she joins host Ciarán Hancock in studio, along with Marty Murphy, who is head of tax at IFAC Ireland, one of the country’s biggest accounting firms with a large number of farmers on its books.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.

This week host Ciarán Hancock is joined by Willie Walsh, the director general of IATA, the Geneva-based representative group for the airline industry.Willie will be known to you as the Irish man who was a high-profile chief executive of both Aer Lingus and British Airways.He then became head of IAG, which is the parent group to both of those airlines plus some Spanish carriers, including Iberia.He’s now in charge of IATA, with his contract set to run until 2027.You’ll hear Willie talk about airline profits and whether air fares are likely to go up or down in the near term.He spoke about aviation’s role in reducing harmful carbon emissions and the chances of a climate-friendly biofuel being developed for commercial use.He gives his view on why emerging markets such as India and burgeoning economies in Africa are entitled to grow their airline industries and passenger traffic as they become wealthier.He also expresses his frustrations with the inefficient way air traffic control is managed in Europe.And Willie

This week we’re flying high with the Irish drone delivery company Manna.Its founder and chief executive is Bobby Healy, who joined host Ciarán Hancock in studio to discuss what he believes is Manna’s massive growth potential.Set up in 2019, Manna only recently began generating revenues and is yet to turn a profit. It is currently flying nine drones in Dublin 15 and has made more than 170,000 deliveries in Ireland so far.It has another eight drones operating outside Ireland. But that is just the tip of the iceberg.You’ll hear Bobby’s ambitious plans for expansion into the United States and the Nordic countries and how it would need 45,000 drones just to serve the UK market.And he wants to manufacture all of those drones in Ireland.It’s a cash hungry company with plans to raise many millions of dollars from investors but Healy is thinking big and believes Manna can become Ireland’s biggest corporate success story.Of course, not everyone is delighted by having drone deliveries in their areas and Healy addre

Conall Mac Coille, chief economist at Bank of Ireland, joins Cliff Taylor and Ciaran Hancock to talk about Irish economic and business news:RPZ reform: will changes to rules for landlords and tenants help bring investment to Ireland IFAC report: why Ireland's corporate tax receipts may be about to boom again. But will it last? Produced in association with EY. Hosted on Acast. See acast.com/privacy for more information.

Donald Trump’s second term in the White House has seen markets go through a period of extreme volatility, something that has worried many Irish pension holders. How should they react? Should they react at all? And what is the outlook for the rest of this year?Munro O’Dwyer is a partner at PwC Ireland and joins host Cliff Taylor in studio to discuss managing your pension in volatile times. In the second half of this episode of Inside Business, Irish Times Economics Correspondent Eoin Burke-Kennedy looks at why so many companies are pulling back from their pledge to go green and lower carbon emissions.This alarming trend is worrying given the latest analysis by the Environmental Protection Agency that shows that Ireland is going backwards in its attempts to achieve its 2030 greenhouse gas emissions targets.So why the about-face on an issue that affects us all? Is reaching net zero emissions simply not realistic for many companies? Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/pr

New electric vehicle sales here dipped last year by 24% when compared to 2023, further making a mockery of the government’s target of 1 million EVs on Irish roads by 2030.A reduction in the SEAI grant and gaps in charging infrastructure fed into consumer uncertainty when it comes to making the switch from petrol and diesel vehicles.But that trend looks to be reversing this year, something that Lisa Brankin, chairman and managing director of Ford UK & Ireland, will be keen to see accelerate.She joined host Cliff Taylor in studio to discuss the challenges of going electric, her plans for the company’s future, and the launch of Ford Power Promise across Ford’s range of electric cars in Ireland.Also on this week’s episode of Inside Business, AIB’s Economic Outlook Report for May highlights how global uncertainty and an escalation in trade tariffs could lead to a slowdown in global and Irish growth in 2025 and 2026.That said, the report also points out that the Irish economy has built up a certain level of res

This week brought more bad news for first time buyers and those renting.Figures from both the CSO and property website Daft.ie suggest that house prices and rents continue to soar across the country. The national monthly average rent between January and March surpassed €2,000 for the first time. And the chronic shortage of supply for those looking to buy put house price inflation at 7.5% in March.To discuss these numbers and to tease out some potential solutions to the housing crisis, host Ciarán Hancock was joined by Eoin Burke Kennedy, economics correspondent of The Irish Times who has reported on the data.And by Marian Finnegan, an economist and a senior executive at Sherry Fitzgerald, Ireland’s biggest estate agent.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.

This week’s episode of Inside Business starts with an interview with Irish entrepreneur Jordan Dargan.Fans of the popular BBC show The Apprentice, will have seen Jordan come within a whisker of reaching the final two who got to pitch to secure Lord Sugar’s £250,000 investment.There was some consolation for the 22-year-old Dubliner with Lord Sugar giving him his business card before he left the boardroom and encouraging him to keep in touch. Jordan joined host Ciarán Hancock in studio to detail his experience on the Apprentice, how the business he pitched to Lord Sugar has developed since recording finished last year, and offers he has received here to pursue a career in media.Earlier this week, US president Donald Trump pressed for drug companies to invest more in the United States and to lower their prices for medicines.So, what would that mean for the Irish pharma sector, which exports a huge amount of medicines to the US each year.Dominic Coyle of The Irish Times has covered the story and goes through

Earlier this week, US meal delivery group DoorDash agreed a deal to take over its British rival Deliveroo, which has a big presence in Ireland.The deal is valued at £2.9 billion and will pit the merged group in competition with other online delivery platforms such as Just Eat and Uber Eats.Callum Cant is an author and senior lecturer from the University of Essex and also worked for Deliveroo while he was in college.He joined host Ciarán Hancock on the line to discuss the merger and what it might mean for Deliveroo’s battalion of gig economy workers and for retailers using the online ordering platform.Also on this week’s Inside Business, the Department of Finance’s annual progress report on the Irish economy, a document that informs budgetary strategy and is filed with the European Commission.This week it brought news of a slowdown in growth, reduced job creation and a significant fall in corporation tax receipts.Eoin Burke-Kennedy covered the story for The Irish Times and explained the headline numbers in the

This week Inside Business looks at the impact of Donald Trump’s first 100 days in office on markets. The sweeping US tariffs announced on April 2nd rocked equity and bond markets.They plunged in value to such an extent that Donald Trump was forced into a quick U Turn, postponing all of the tariffs for 90 days, with the exception of China.Aidan Donnelly is Head of Global Equities at Davy stockbrokers and joined host Ciarán Hancock in studio to consider the impact of those tariffs and to offer a view on where markets might go for the rest of the year.In the second half of the show, Hugh Linehan of The Irish Times will reflect on the terms being offered in RTÉ’s latest voluntary exit programme for staff in an effort to help the broadcaster reduce its headcount by 400 over the next four years.The funding for this restructuring has essentially been provided by the State via a €725 million three-year funding plan agreed last year with the Government.In a column in The Irish Times this week, Hugh Linehan of The

This week’s episode features Patrick Guilbaud, the French chef who brought fine dining to Ireland 44 years ago. Situated beside the Merrion Hotel in central Dublin, Restaurant Patrick Guilbaud continues to thrive with two Michelin stars. Guilbaud moved to Ireland in the early 1980’s when the country was in recession, and it wasn’t always plain sailing. A visit from the sheriff for unpaid debts led to a partnership with successful businessmen Lochlann Quinn and Martin Naughton that helped put the restaurant on a sound financial footing. It also led him to relocate the restaurant to the Merrion Hotel site which was developed by Quinn and Naughton. A move that he considers to be the making of the business.In February Guilbaud received the Distinguished Leader in Business award at the Irish Times Business Awards. In this interview with host Ciarán Hancock he discusses those difficult early days of trading, changes in the Irish restaurant trade over the past four decades, the current challenges facing the sector i

Kerrygold is one of the biggest food brands in Ireland and one of our largest exports.Earlier today, its parent company Ornua announced that revenues last year were flat at €3.4 billion but its operating profit and Ebitda were up, helped by efficiencies achieved during the period.But that was last year. Before Donald Trump won the US presidential election and later announced sweeping tariffs on all imported goods.Kerrygold is one of the main Irish food brands facing a hit from Trump’s tariffs, which are currently set at 10 per cent for 90 days but could ultimately rise to 20 per cent.Conor Galvin is chief executive of Ornua and he joined me in studio to discuss the impact the 10 per cent tariff is currently having on Kerrygold sales in US retail.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.

A full-blown global tariff war in underway.Donald’s Trump’s tariffs took effect last night with the EU due to vote today on a retaliatory list drawn up by the European Commission.The US and China meanwhile have engaged in tit for tat tariffs in the past few days. China has also vowed to fight to the end in the tariff war.What will all this mean for Ireland? What hit will consumers face?And should Ireland now pivot east to protect jobs and secure new investment?To answer these and other questions host Ciarán Hancock Is joined on this week’s episode of Inside Business by Ibec chief executive Danny McCoy, Cliff Taylor of The Irish Times, and Chris Smyth, group CEO at Perennial Freight & president of the France-Ireland Chamber of Commerce.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.

Last week data from the CSO showed a decline of 30 per cent in the number of visitors to the country in February, with revenue taking a hit of €88 million during the month.This continued a trend dating back to last September.In this week’s episode of Inside Business, you’ll hear conflicting views from the trade on the current state of the tourism sector here.Eoghan O’Mara Walsh, CEO of the Irish Tourist Industry Confederation, tells host Ciarán Hancock why he thinks the CSO figures might be overstating the current position within the sector.Whereas Sean Connick, who operates the Dunbrody Famine Ship Experience and the Kennedy Homestead in Co Wexford, is seeing a different picture with visitor numbers to those experiences declining last year with January and February also soft.In addition, he has had to absorb significant increases in their running costs.Produced by John Casey with JJ Vernon on sound.  Hosted on Acast. See acast.com/privacy for more information.

In the first part of this week’s episode of Inside Business, we look at Tesla and the backlash against the vehicle car maker this year because of Elon Musk’s association with Donald Trump.Sales in Europe have slumped while its share price has shed 24 per cent of its value year to date. That amounts to about $800 billion of market value being wiped out.In addition, there have been many protests and reports of Tesla’s being vandalised.To add to the mix, Chinese rivals have also upped their game.Neil Briscoe is a motoring journalist and writes for the Irish Times. He’s been covering Tesla since the get-go and joined host Ciarán Hancock on the line to discuss the issues affecting the company.Also on the show, Eoin Burke Kennedy, economics correspondent of The Irish Times, discusses new data on house prices from Daft.ie after it published its latest quarterly report. It doesn’t paint a pretty picture for anyone seeking to buy a home, with house price pressure reaching an eight-year high and the number of seco

On this week’s episode of Inside Business, we discuss US President Donald Trump’s intention to impose new reciprocal tariff rates on EU countries and elsewhere from April 2nd. What are reciprocal tariffs and how will Ireland be affected? Will we be singled out? What is coming down the line in terms of ‘special tariffs’, and their potential impact on big exports from Ireland to the US? And what possible options are available to Irish companies to soften the blow of all this uncertainty? Gerard Brady, Head of National Policy and Chief Economist at Ibec, joined the podcast to give a timeline of all upcoming tariffs and what they mean.And this week saw the much-anticipated arrival of Amazon.ie, a dedicated Irish platform for the retail behemoth – a move that will be welcomed by most online shoppers in Ireland with the prospect of more product choice and better value. But what about retailers who will have to go toe-to-toe with Amazon here? Irish Times Consumer Affairs Correspondent Conor Pope joined host Cli

This week, Inside Business host Ciarán Hancock is joined by Tony Smurfit, president and CEO of Smurfit WestRock, the biggest paper and packaging group in the world.Last month he was chosen as Irish Times business person of the year for successfully concluding a combination of Smurfit Kappa Group with American company WestRock in a $24 billion deal. The Dublin-based company is now the leading player in its sector.Grandson of the company’s original founding father Jefferson Smurfit, and son of Michael Smurfit who grew the company to become Ireland’s first multinational, Tony has led the business since 2015.During this episode Tony discusses the impact of the WestRock deal on the group over the past nine months, the threat posed by Donald Trump’s tariffs, the special challenges of working for a company where your name is above the door, and his plan to make Smurfit WestRock the best company in the world.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.

This week’s guest on Inside Business is Leo Crawford, who recently stepped down as the head of BWG Group after nearly 40 years with the business.BWG is a wholesale group at heart that supplies groceries to a large network of shops in Ireland and the southwest of England under a variety of retail brands, including Spar, Eurospar, Mace and Londis.Leo will recall the boom times of the Celtic Tiger years, through a couple of management-led buyouts, to almost losing control of the business post the 2008 crash.BWG ultimately bounced back to become the €2 billion a year business that it is today.He also has some tips for young business leaders and entrepreneurs, you’ll hear him compare retailing in Ireland and the UK and prices on both sides of the Irish sea, and talk about the growing levels of shop lifting and abuse targeted against small retailers and how these might be tackled.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.