Breakfast Business

Yesterday we heard from the Government in its Spring economy Forecast that Ireland is likely to avoid a recession even in the event of a prolonged fuel crisis in the middle east.  That chimes with estimates from KPMG which says that Ireland will outperform many of its European peers amid this energy shock. Worryingly for house hunters, it expects rising ECB interest rates will add €1,200 to the average first time buyer annual repayments. All to discuss with Daragh McGreal, is chief economist with KPMG.

Maxol is launching a food delivery service.  It means that customers in Dublin, Wicklow and Kildare can get hot food and fresh groceries via Maxol in the initial roll out with 60 stores nationwide eventually offering the service. Brian Donaldson the Chief Executive of Maxol told Joe all about the new service.

Wednesday's business news review with Joe Lynam.

  Fuel prices have soared and the government has had to fork out ¾ of a billion to placate angry farmers and hauliers.  So, a localised source of renewable energy may need to be accelerated.    My next guest thinks Hydrogen needs to be considered part of the mix.  So why risk it if we have wind and solar alternatives? All to discuss with Paul McCormack the Chief Executive of Hydrogen Ireland.

It is up to the companies themselves to install solar and heat recovery systems. The medical devices company Dexcom in Galway is one of them and they hired OHK commercial to install a system which at its peak can generate a third of Dexcom’s electricity needs. Speaking to Joe was Brian Healy, the Managing Director with OHK.

Tuesday's business news headlines along with Joe Lynam.

There are an estimated 90,000 people in Ireland whose retirement savings are held in a pension structure of which they themselves or their company may be the trustee. From Wednesday, these one member arrangements will have to comply with new obligations introduced by the EU under IORP II. Joe gets the details with Helena Dorrigan, Pensions Specialist at Davy stockbrokers. 

The government is set to spend more than a quarter of a trillion Euros over the coming decade on major infrastructure projects.  They require companies to submit tenders and bids.  Now the Competition & Consumer Protection Commission has published useful guides for public bodies to reduce or eliminate so-called bid rigging. Úna Butler from the CCPC joined Joe this morning

Monday's business news headlines along with Joe Lynam and Kathleen Brooks - XTB.

So we know who won the Hungarian elections at the weekend and we know that change is definitely on its way for how that central European nation is run.  We also know that Peter Magyar’s victory will instantly unlock billions of Euros in EU money which had been frozen due to Victor Orban's autocratic tendencies.  But what of the Hungarian economy?  What will change and what will remain the same?  All to discuss with Anita Komuves, Reuters’s Hungary correspondent.

As we get older, the demand for care in the home is growing. That means the thousands of care workers calling in to check in and help our older citizens is also growing and they need to be managed and helped by care homes and provision providers. OneTouch Health provides software for those care workers to do their job more effectively and business is good. Neil McGough the Chief Executive of OneTouch Health spoke all about his business with Joe.

Friday's business news review with Joe Lynam and Austin Hughes from AJ Bell.

There’s been a small but significant change in the law when it comes to who gets paid what when a piece of music is played on the radio or TV. It’s an amendment to the Copyright Act and tilts the balance back in favour of those performers who recorded the music originally either their own or someone else's. Joe gets the details with Mathew Forde is a specialist in intellectual property and a Partner at the law firm Lewis Silkin. 

They're big, blue and yellow, and they sell prepackaged furniture with funny Scandinavian names. They posted a 131% jump in operating profits here in Ireland They are of course IKEA and Mostafa El Garaa the acting Chief executive of IKEA UK & Ireland joined Joe on the show this morning.

Thursday's business news review along with Newstalk Business Editor Joe Lynam.

Ornua or the co-operative formerly known as the Irish Dairy Board has just published its results for last year.  Profits were up 3.6% to €171m but worryingly net debt was up 89%.  But how will the current energy shock and a potential global recession affect Ornua? All to discuss with Conor Galvin, the Chief Executive of Ornua. 

Wednesday's business news review with Joe Lynam.

After a protracted legal battle the one remaining car park in Dublin airport which wasn't controlled by DAA was sold to the German giant APCOA and opened a year ago this week under the brand Park2Travel. The room for expansion is limited by the physical footprint of the car park and the number of shuttle buses on the go. Joining Joe this morning was Neil Cunningham is the boss of APCOA which operates park2travel in Dublin airport. 

They've only been around for 11 years but Monzo bank is Britain’s largest digital bank with 15million customers worldwide.  Now they are withdrawing from America entirely but opening up a business here in Ireland.  But what does Monzo offer that Revolut, which is huge here, doesn't already?   All to discuss with The CEO of Monzo Bank Michael Carney.

It’s getting tougher than ever to distinguish between a real and AI created video.  That also goes for fraud.  AI is creating such believable emails and websites that customers have to work hard not to fall for them. So what’s to be done to protect companies and consumers from fake CEO messages or urgent but fake letters from legit clients? To discuss this and more was Righard Zwienenberg is a Senior Research Fellow with ESET .