Breakfast Business

In the wake of the price cuts announced by energy suppliers earlier this month, almost two-thirds of Irish people (64pc) are calling for at least one more energy credit for everyone to be factored into the upcoming 2024 Budget.   Marian Ryan, Taxback.com consumer tax manager joined Emmet this morning on the show.

Cheaper insurance should help combat taxi shortages across the country  so says Insuremytaxi.ie   Speaking to Emmet with more on this was Managing Director Jonathan Hehir.

A run-through of some of the business stories today with Emmet Oliver.

Sustainable behaviours continue to be a priority for Irish consumers as almost 7 in 10 people in Ireland purchase sustainable products and the same number view climate change as an “emergency” that’s according to a new Deloitte survey  With more on the findings of the report, Emmet spoke to Glen Gillard, Partner and Head of Sustainability, Deloitte Ireland. 

Strong jobs growth is expected across the financial services sector over the next three years.   That's according to a new report carried out by Financial Services Ireland.     To discuss the topic in more detail was Director of Financial Services Ireland, Patricia Callan. 

A run-through of some of the business stories today with Emmet Oliver.

We all know there is a planning shortage of planners out there but now there’s a study on how much that lack of decision-making is actually costing. DCU and Aldi commissioned research and have found that appeals concerning new supermarkets being built are delayed by up to 91 weeks or 20 months.  This according to Aldi costs consumers €78,000 in total a month.   Anthony Foley Dublin City University's Professor Emeritus of Economics joined Joe on the show with more on this.

The price of newly built houses is rising far faster than those of older homes.  That’s due to soaring input and materials costs as well as land prices.  The Society of Chartered Surveyors wants a longer-term fix in the budget to drive down the prices of new homes.  It also hates the idea of a concrete levy Speaking to Joe this morning was Kevin Hollingsworth, Vice President of the SCSI . 

A look at today's business papers and markets with Business Editor Joe Lynam.

There are increasing fears that there might be a major correction underway within Ireland’s office property sector. The consultants HWBC reckon that only 678,000 sq feet of office space was let out in the first half of this year whereas normally that figure would be roughly 1m sq ft.So what happens now to rent prices? Speaking to Joe this morning Iain Sayer is the Managing Director of HWBC.

The Digital Markets Act is major EU legislation that hopes to prevent monopolistic behaviour by giant technology companies. This week the first stage of the DMA came into force this week with the naming of the so-called Gatekeepers.  These are the extremely large technology companies that the Commission says will have to police the Act.  They include the usual suspects of Apple, Meta, Alphabet, and the TikTok owner Bytedance. But will they change their behaviour to meet the new rules? To give some insight Joe spoke to Jeanne Kelly from Browne Jacobson. 

A look at today's business papers and websites with Newstalk Business Editor Joe Lynam.

The Personal Injury Assessment Board or PIAB has been with us for a few years and its aim is to cut the legal costs for personal injuries or so-called ‘slips and trips’ as well as slashing the exorbitant public liability insurance costs which Irish companies have to pay due to enormous payouts in the courts. The next phase of the Personal Injury Resolution Board Act comes into force this week and the minister in charge of that is Dara Calleary TD, Minister of State for Trade Promotion, Digital and Company Regulation. 

Have you ever shopped online, popped something in the basket but then changed your mind or were distracted and didn't complete the sale?  Xtremepush specialises in ensuring that those customers get a suitable nudge to complete their purchases and also build brand loyalty. They're an Irish CRM company called Xtremepush and they're rapidly expanding their business in the US and UK Tommy Kearns the Chief Executive of Xtremepush joined Joe this morning.

A run-through of some of the business stories today with Newstalk Business Editor Joe Lynam.

Unemployment remains near record lows in Ireland and employers are screaming out for staff in all walks of life.  That means that staff hold many of the cards when it comes to pay talks and requesting a rise in their salary. That’s pushing up and keeping up inflation rates and a study from PWC says companies need to do more to retain staff because 1 in 5 are actively looking for new posts.  For more on this Joe spoke to Laoise Mullane is the Director of People for PwC. 

If you marvelled at some of the clothing and apparel you saw Lady Gaga wearing in the House of Gucci movie, then you would have been marvelling at the work of the Irish glove designer Paula Rowan which Lady Gaga wore. Now Paula is about to see her gloves on sale in the luxury Manhattan store: Bergdorf Goodman and other key online luxury retailers.  Paula Rowan joined Joe this morning on the show.

A run-through of some of the business stories today with Newstalk Business Editor Joe Lynam.

Workplace pensions start next year which should help thousands to save for their retirement. But research from the consumer watchdog the ccpc has found that 1 in 4 people can’t afford to save money for their pensions. And 1 in 10 people over 45 aren’t saving for retirement at all.  Grainne Griffin from the competition and consumer protection commission

4 years ago the Fossil Fuel Divestment Act came into force.  It meant that no Irish state entities could invest in companies involved in drilling for oil, coal, or gas.  But a new report for the charity Action Aid says that investment continues and that Ireland is being used as a conduit to pump money into fossil fuel schemes in poorer nations. Speaking to Joe this morning was Karol Balfe, ActionAid Ireland Chief executive