Breakfast Business

In the same poll of company bosses undertaken by the World Economic Forum, cyber security came out in the top 10 threats facing business. Fraudsters are using many sophisticated ways to steal your identity, your intellectual property or to exhort money. One US business that is a leading light in the space is Threat Locker and they are opening their European headquarters in Blanchardstown and ThreatLocker’s Chief Executive and Co-Founder, Danny Jenkins joined Joe this morning on the show.

The World Economic Forum starts in the Swiss ski village of Davos where the world’s political and corporate elite come together to thrash out deals and do a lot of talking, Ahead of the massive jamboree, the WEF has published its Global risks report. The Number one concern of chief executives over the coming 2 years is the Cost of living crisis. But climate change dominates the worries over the next 10 years. For more on this Joe spoke to Susannah Streeter from Hargreaves Lansdown.

Business Editor Joe Lynam takes a look at Friday's business papers and websites.

Are you saving enough to keep you comfortable in your retirement? 46% of Irish savers say they are not optimistic according to State Street bank’s Global Retirement reality report out today. Olivia Kennedy from State St Global Advisers joined us this morning with more on this.

Judging from the queues and delivery times, Christmas was a very busy one for retailers. And the latest data from the Bank of Ireland seems to bear that out. Overall spending was up 18% compared to the previous year. We also returned in droves to pubs. Speaking to Joe was Owen Clifford, Head of Retail Sector with Bank of Ireland.

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

Tomorrow sees the start of the BT young scientist of the Year. Over 200 schools and 1100 young men and women will be showing off some clever inventions which will renew our faith in the up-and-coming generation. After 59 years, it’s become one of the leading STEM exhibitions in Europe and it will give Shay Walsh the Managing Director of BT Ireland an early look at the talent that he may need to hire in the future. Shay spoke to Joe this morning on the show ahead of the exhibition.

Bord Bia is the agency charged with promoting Irish food abroad. Its annual export performance review is out today and it shows that a record €16.7bn worth of food left our shores for overseas appetites. That’s 30% more than pre-pandemic levels. But much of that is down to soaring input costs as well as inflation. Jim O'Toole Chief executive of Bord Bia joined Joe this morning on the show.

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

If you are ‘participating’ in Dry January, you’ll probably be considering zero % alcohol drinks a bit more than you might otherwise do. According to Drinks Ireland, non-alcoholic beer sales in Ireland have more than tripled between 2017 and 2021, from 1.79 million to 5.55 million litres. But do they still taste rough? Also, there’s a brewing row with wine-making countries over plans in Ireland to label some wine bottles as potentially carcinogenic. All things for Cormac Healey from Drinks Ireland to discuss the morning.

It’s Oscar and movie awards season soon and for the first time there’s a very real chance that an Irish language film could win major gongs. If You haven't seen An Cailin Ciuin, make it your business. You’ll be thinking about it for weeks afterwards. It’s one of the films funded in part by the broadcasting authority of Ireland. And it comes as the banshees of Inisheerin stands a great chance of picking up a handful of Oscars as well. It also comes as the next round of funding for Irish production companies goes live. Stephanie Comey, Assistant CEO of the Broadcasting Authority of Ireland spoke to Joe on the show.

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

We’ve got an idea now of how many companies failed last year. Needless to say the number is substantially up on the previous year when firms were protected by Government support during lockdowns. According to the PwC barometer, the number of insolvencies last year stood at 527 - up 39% on 2021. But that number could rise substantially this year. Ken Tyrrell, PwC Ireland Business Recovery Partner discussed these figures with Joe.

Almost ¾ of a million Irish homes are heated using oil. That meant that our households were especially vulnerable to the oil price shock - brought upon by Russia’s invasion of Ukraine. It means that the Government has had to step in and subsidise energy bills for millions. But what if there was a renewable equivalent of oil that could be used to wean us off that dependency? Speaking to Joe this morning was David Blevins the Ireland country managing for OFTEC - which represents the companies that make liquid fuel storage tanks among them: Kingspan.

A look at Monday's business news and markets with joe Lynam.

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

Benefit in kind is a tax on perks and is usually applied to the new value of a free company car. As of this week though, the amount of benefit in kind payable by employees for owning a company car has jumped to just shy of €300 a month for an average car. It’s led to many cBenefit in kind is a tax on perks and is usually applied on the new value of a free company car. As of this week though, the amount of benefit in kind payable by employees for owning a company car has jumped to just shy of €300 a month for an average car. It’s led to many employees offering to hand back their company cars, usually leased, to avoid the tax. David Kavanagh is the Vice president of the Vehicle Leasing association of Ireland, which are usually leased, to avoid the tax. David Kavanagh is the Vice president of the Vehicle Leasing Association of Ireland

 18000 jobs at Amazon are being cut while Salesforce is slashing 10% of its worldwide workforce. The Technology Winter or tech wreck shows no sign of abating. Salesforce which makes the office messaging system Slack - are due to move into a gleaming new office in the Docklands - built to accommodate 3000 people. So there is especially concerning in Ireland. So what’s going on? Jenny Darmody is the editor of Ireland’s technology bible Silicon Republic and joined Joe this morning.

How many business cards have you handed out over the past decade or 2? Hundreds or if you're in sales: thousands. But how many of us who receive business cards discard or lose them immediately? An Irish company has come up with a clever way to share your details with someone digitally and dispense with cards. Speaking to Joe this morning was Mark Gibbons from Tapitag.

The temperature in Warsaw on New Year's day was an astonishing 19 degrees Celsius. The normal temperature at this time of year is 4 degrees. Apart from underlining how real climate change has become in Europe, it also means that many companies and consumers won't need to use as much gas from natural gas reserves as many of us had feared due to the embargo on Russian energy. Daniel Kral – Senior economist with Oxford Economics spoke to Joe on the show this morning.