Breakfast Business

Some people have accused the aviation leasing industry of creating very little local value here in Ireland and using our tax status to create giant companies which employ very few people. But a new report out today from PWC says that the aviation leasing industry in Ireland contributes €900 million to the economy and is responsible for 8000 jobs. Joe Conboy, Partner, PwC Ireland Aviation Finance Practice joined Joe on the show this morning.

EY – formerly known as Ernst & Young is the biggest professional services company on the island of Ireland. But their sister organisation in Germany is now banned from auditing listed companies after the Wirecard scandal. Joe caught up with the Head of EY in Ireland, Frank O’Keefe, and we discussed a whole host of things - including the proposed breakup of the company.

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

Agriculture could play a key part in decarbonising the aviation sector by making jet fuel from slurry. A new study aims to demonstrate the feasibility of constructing a sustainable aviation fuel production plant in Ireland. To tell us more Emmet spoke to Stephen Robb, Sustainability Editor of the Irish Farmers Journal.

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

Investments by the National Transport Authority in new zero and low-emission vehicles and a return to pre-pandemic passenger numbers has seen 470,000 emission-free kilometres delivered by Bus Éireann in 2022. That’s according to the company’s second Annual Sustainability Report. Speaking to Emmet Oliver this morning on the show was Stephen Kent Bus Eireann CEO.

Bank of Ireland is warning about an escalating wave of fraudulent text messages, with fraudsters pretending to be motorway operator. Paul O’Brien, Bank of Ireland Security Group joined Emmet Oliver who was standing in for Joe Lynam this morning.

The public mood towards the economy is improving. That’s according to new research from Permanent TSB. Emmet Oliver standing in for Joe Lynam was joined by Permanent TSB, whose Head of Corporate Affairs Leontia Fanning

Emmet Oliver who was standing in for Joe Lynam took a look at today's main business stories with Eugene Kiernan, Independent Market Strategist.

Uber has announced a new feature that will allow customers pre-order a taxi on its service. Kieran Harte, General Manager of Uber in Ireland spoke to Newstalk's Technology Correspondent, Jess Kelly about the new offering.

on working into retirement. Over half of the people over the age of 50 plan on working into retirement That’s according to new research by the Retirement Council of Ireland, and for more on this, we’ve joined Paul Kenny, who’s Programme Leader at the Retirement Council of Ireland and former Pensions Ombudsman.

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

There was a time when big energy companies made their money by finding and burning fossil fuels. Well, those days are coming slowly to an end. And EDF - formerly known as Electricite de France is in the renewables business as well. Now they have switched up 3 solar farms in Ireland in the sunny southeast Speaking to Joe this morning on the show was Jenny Howard from EDF Renewables IRL.

Oil spiked last summer at around $123 per barrel after Russia’s invasion of Ukraine and its attempt to use energy as an economic weapon. It’s since fallen back quite a bit and stood at $75 last month. Now the plates are back up in the air after the OPEC+ cartel said it would slash oil production by 1 million barrels per day in order to push up prices. Robert Maxwell - Oil analyst joined Joe this morning.

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

Although Europe has few global technology companies, innovation abounds here. In fact, the number of patent protections filed in the EU was up last year - despite an oil and inflation shock. Worryingly though it was mostly Chinese and American companies that filed for patents here in Europe with Germany being the biggest country for patents in Europe. Aidan Kendrick, Chief Business Analyst at the European Patent Office joined Joe Lynam on the show.

Last week Elon Musk warned that we might be sleepwalking into a world of artificial intelligence where much human thinking will be removed and made by software or computers. It painted a dystopian future, not unlike the Terminator movies. But was it overdone and hysterical or a pen portrait of the future? Alan Holland, CEO & Founder of Keelvar joined Joe Lynam on the show this morning.

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

A few weeks ago, this programme highlighted the fact that some insurance companies in Ireland were refusing to provide life cover to some cancer survivors but also to those dealing with mental health and weight problems. The issue has prompted a rethink by the insurance industry at least towards cancer victims, and I’m glad to say that I’m joined by Moyagh Murdock who is the chief executive of Insurance Ireland.

This time last year, the housing market in Ireland was red-hot with prices rising year-on-year well into the teens. But according to the latest myhome.ie survey asking prices have fallen for three consecutive quarters. On top of that houses are being sold for just one percent above asking price versus 6% this time last year. Are we looking at the start of a notable correction or is this just the market finding its right equilibrium? Conall MacCoille from Davys is the author of the myHome.ie house price survey and joined Joe Lynam on the show this morning.