Breakfast Business

This morning on the show Joe spoke to Vice president of the EU Commission Vera Jourova about protecting journalists from intimidation and the Ukraine war and more.

We take a look at today's business papers and markets.

The economy on paper at least is doing ok. Unemployment is at record lows. Consumer spending and tax receipts have held up quite well. But the number of companies being formed is down 16% compared to this time last year. Why and is it an ominous sign? Discuss this and more was Christine Cullen, Managing Director of Vision-net which provide a credit rating for companies and examines startups and liquidations.

For quite a while people used to regard jobs in the retail sector as merely temporary and just until something else comes along. Retailers despair at the high turnover of staff that they have to endure. But have we the wrong conception of careers working in shops? For more on this Joe spoke to Anne Rigney, Musgrave, Director of Talent, Learning & Development.

Business Editor Joe Lynam takes a look at today's business papers and markets.

October is Cyber Security month – and this topic remains high on the agenda here in Ireland in the wake of the ransomware attack on the HSE last year. Newstalk’s Technology Correspondent, Jess Kelly has met with the National Cyber Security Centre and the Garda National Cyber Crime Bureau to hear how they fight attacks of this nature on a daily basis.

Wind energy provided 24% of Ireland’s electricity in September and 31% for the past 12 months. It’s welcome news given soaring wholesale gas prices. But renewable energy providers have been able to sell their electricity for huge prices because all electricity is linked to gas prices. So what do they think of a looming windfall tax? Noel Cunniffe, CEO of Wind Energy Ireland joined Joe this morning on the show

We take a look at today's business papers and markets.

Today the independent think tank, the ESRI publishes its analysis in the quarterly economic commentary. It highlights the slowdown expected next year and the risks of falling into recession. Joining Joe this morning was Conor O’Toole from the ESRI.

Few could claim that the ruling Tory party conference was a success. So just how economically or reputationally damaged is the UK economy after the budget (non budget) and a series of U turns? Mike Horan is with BNY Mellon Pershing in the UK spoke to Joe this morning on the show.

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

It was the best of times in the worst of times when it comes to the hotel sector. After a very buoyant summer with the return of American tourists. As winter beckons, soaring energy prices fall off, and demand will doubtless have an impact on the sector. For more on this Joe spoke to Dan O’Connor is the Head of Ireland hotels at the real estate experts JLL.

The latest Central bank forecasts are out.  It says that modified domestic demand - which is a much better benchmark for the Irish economy than GDP due to our oversized multinational sector - will grow by 6.4% this year and a more modest 2.3% next year. Robert Kelly is the Acting Director of Statistics with the Central Bank of Ireland who spoke to Joe Lynam this morning.

Joe Lynam takes a look at today's business papers and markets.

In 2006, we were building 16 homes per 1000 people in Dublin. Today we are building only 4. It’s one of the more stark findings in a piece of research into residential land supply in Ireland and underlines why we have such a housing crisis at the moment whereby rental property is more expensive here than in Paris. The author of that report out today is John Ring, Director of Research at Savills Ireland who spoke to Breakfast Business this morning.

10 days, 4 denials and 1 major Bank of England intervention later, Britain’s finance minister - known as the Chancellor has cancelled his proposed scrapping of the top rate of income tax for those earning more than £150k.  It follows a very negative reaction on the markets including a pounding of the Pound all last week. One man who knows how international markets work is Professor David Blanchflower and joined Joe on the show this morning.

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

Paul Kavanagh from Patronas Partners takes a run through this morning's markets.

The sports, exercise, and well-being sector is one of the largest service industries in Ireland and globally. Ranging from small to large enterprises, many are run by sports-professionals. Maynooth University has announced the launch of a new degree in Business with Sports Science – Bachelor Science/Bachelor Business Administration, starting in 2023. Peter McNamara, Head of the School of Business at Maynooth University joined Joe on the show this morning.

The number of companies failing or winding up rose by 31% in the third quarter of this year compared to the previous quarter. A new report by the consultants PWC suggests that the economic damage could reach as much as €6 billion. Ken Tyrrell Head of Insolvency at PWC spoke to Joe this morning on the show.