Breakfast Business

Business Editor Joe Lynam takes a look at some of the business stories in this morning's newspapers and websites.

It’s Google’s International Small Business Week. They commissioned the market research company Amarach to see what SMEs were worried about and Gerard O’Neill from Amarach joined Joe on the show this morning.

This time last year the average price of wholesale energy used to create electricity was around €47 per megawatt/hour.  Today in Europe it’s closer to €300.  The political pressure is on to do something at national and EU level and today the President of the EU commission - Ursula Von der Leyen - gives her much anticipated State of the European Union speech. Joining Joe to discuss what to expect today was Barry Colfer from the International Institute for European Affairs.

Joe Lynam takes a look a some of the main business stories featured in today's papers and websites.

The services sector accounts for almost three quarters of the Irish economy and consumption i.e. shopping accounts for half of that. Retailers were walloped by COVID-19 lockdowns.  Now it’s being walloped again by energy prices which are 5 times what they were a year ago. Another important sector in Ireland is the food manufacturing and agribusiness sector which is also facing soaring input costs including animal feed and fertiliser. Both food and retail are hoping for respite in the forthcoming budget on the 27th of this month. But will they get it? Joining Joe to discuss further was Duncan Graham - Retail Excellence Ireland and also David Leydon, Head of Food & AgriBusiness at IFAC.

Business Editor Joe Lynam takes a look at some of the business stories in today's newspapers.

A new report shows Irish construction activity shrunk again in August – albeit at a lower pace than in July Gavin McLoughlin was joined on the show by John McCartney, director of research, BNP Paribas Real Estate Ireland.

New figures show that while the amount of venture capital raised by Irish firms grew in the first half, there was a significant slowdown in growth in the second quarter Sarah-Jane Larkin, director general, Irish Venture Capital Association joined Gavin McLoughlin on the show this morning.

Gavin McLoughlin, Newstalk's Deputy Business Editor takes a quick look at some of the business stories in today's newspapers and websites.

A new book outlines why it’s still important to travel for business in the world of Zoom and Teams. Oliver Dowson, Author of 'There Is No Business Like International Business' joined Gavin this morning on the show.

With a chorus of voices warning Germany is set for recession, we get an update from Europe’s largest economy Arthur Sullivan, Journalist with DW Business spoke to Gavin this morning on the show.

On Monday the biggest ever fine was imposed by an Irish regulator on any company. Instagram which is owned by Meta and is a sister company of Facebook must pay €405m for failing to protect teenage users and for allowing them to access Business accounts on Insta despite being as young as 13. Meta says the fines were disproportionate and the technical errors which permitted these minors to access business services have long since been corrected. But my next guest believes there is something deeper wrong at Insta and Meta. Angel Maldonado is the CEO of Empathy.co and she joined Joe Lynam on the show.

Europe’s energy ministers meeting in Brussels tomorrow. Normally these meetings are only followed by experts in the field and politicos. But not this time. Most of the continent will be watching this one and waiting for solutions to an impending explosion of fuel bills as the thermometer drops and days get shorter. But what can ministers do at an EU level that individual member states couldn't do themselves? Marie Le Mouel from the Bruegel institute in Brussels  joined Joe Lynam on the show.

We take a quick look at some of the business stories in today's newspapers and websites.

The European Central Bank meets tomorrow morning in Frankfurt and at quarter past one Irish time will tell us not whether they will raise the cost of borrowing but by how much? Joining Joe this morning to discuss this key decision that will affect all of us was John Fahey - Senior Economist with AIB.

Business Editor Joe Lynam takes a look at the main business stories featured in today's business pages and websites.

We take a quick look at some of the business stories in today's newspapers and websites.

Liz Truss will be Britain’s new Prime Minister. She will inherit one of the weakest economies in Europe and certainly one heading in the wrong direction. What will Trusseneomics look like? To discuss with Joe this morning was Andrew Sentence is a renowned economist who used to set interest rates for the Uk within the Bank of England's Monetary policy committee and also Seamus Nevin from Make-UK.

Brighton-based Cloud9 Insight has a “dog-friendly” office policy. Would you be comfortable with dogs in your office? Carlene Jackson, CEO, Cloud9 Insight joined Gavin on the show this morning.

Renewables developer Strategic Power Projects has lashed out at Ireland’s planning system, saying it is hindering the country’s efforts to meet our climate targets Paul Carson, CEO, Strategic Power Projects spoke to Gavin this morning on the show.