Breakfast Business with Joe Lynam

A look at Thursday's business stories and websites with Newstalk's Business Editor Joe Lynam and Michael O’Sullivan, co-founder of UNIO Wealth Management. 

Anyone who has bought or sold a house in this country will know that it can be a time-consuming, messy and sometimes expensive process. At the moment only solicitors can handle conveyancing. And now there is a major new report out from the legal services regulatory authority which aims at boosting price transparency among solicitors and moving towards full digitalisation of conveyancing. But the r...

An IPO - or Initial Public offering is when private companies go public and float on the stock markets. Last year the value of IPOs worldwide went up but the number of companies doing so went down. It comes as 2 prominent IPOs in the past fortnight - Trump media and Reddit have fallen dramatically since their debut. Regionally the Americas continue to lead the way while Asia has weakened. Joe spea...

A look at Thursday's business stories and websites with Newstalk's Business Editor Joe Lynam.

The annual salary guide from the recruitment company Cpl is out.  Among the findings is that Cork is 22% cheaper than Dublin and that a typical banker can expect to earn €30,000 a year while a restaurant manager can expect €50,000.  Newly qualified solicitors can expect €75,000.  The report also looked into attitudes to remote working and the in-demand qualifications. WIth more...

When you buy a house in this country, you may pay stamp duty but you don’t pay any commission, but in the US, the buyer and the seller both have to pay a commission of around 6% of the sale price. Also we call them estate agents, but they are called “realtors“ in the states, and that name is patent-protected in an oligopolistic way. There’s been a recent court ruling which could upend the property...

A look at Wednesday's business stories and websites with Newstalk's Business Editor Joe Lynam.

We know about the technology sector and the creative sector but there is now something called the Creative Technology sector.  These are the startups and scaleups who create the games and visual effects that we’ll all be seeing or playing with in the near future.  And the first Incubation hub for creative tech was opened in Galway at the weekend at the Atlantic Technological University c...

Cathal Friel a serial entrepreneur having started hVIVO and Poolbeg pharma.  His latest venture European Green Transition floated on the AIM stock market in London yesterday and values the company at around €17m. EGT hopes to find rare Earth metals which can be used to transition away from fossil fuels.  Cathal joined Joe in studio this morning to chat about his latest venture.

Newstalk's Business Editor Joe Lynam takes a look at the main business stories in todays newspapers and websites.

At 10,800, the capacity of the SSE Arena in Belfast is just behind Dublin’s 3 Arena which can hold 13,000.  Last Year the SSE welcomed 800,000 people for concerts, exhibitions and ice hockey matches which shows its versatility. Now the SSE is introducing the ‘Just walk Out’ technology from amazon which speeds up shopping within the complex.  Claire Cosgrave  Associate Director with...

You may have noticed a new brand on the shelves water in a can called Liquid Death.  Apart from an arresting name, the company behind it is now valued at $1.4bn. It’s very popular with younger consumers with 8 media followers on social media .The brand uses comedy and coolness to combat climate change and thirst. Speaking to Joe this morning was Oli Russell-Cowan -Liquid Death’s Director of C...

Joe Lynam takes a look at the international business stories this morning with Kathleen Brooks from XTB. 

We’ve spoken before about the impact of higher costs of employment since January, especially in the hospitality sector. They include a higher minimum wage, holiday and sickness pay, as well as other ancillary costs. But what do these extra costs mean for family run businesses? Speaking to Joe this morning was the Director General of the family business Network, John McGrane who is also the boss of...

A recent OECD report said that Ireland had a fair bit of catching up to do when it comes to readiness for artificial intelligence. It’s clear that AI is here to stay, but what should companies consider and are they perhaps putting their head in the sand?  Joining Joe on the show this morning was Shane O’Sullivan from the Irish Management Institute is running a course on AI to help managers ge...

A look at today's business stories and markets with Aidan Donnelly from Davys.

Two days ago we were telling you about Ireland’s manufacturing sector being in a slump.  Today though we can report that the services sector is enjoying a minimum Boom.  According to the AIB services PMI survey, output in the country’s most important sector is at a 8 month high with employment in services which includes technology as well as  hospitality expanding - even amid an eco...

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

When Irish Life was formed 85 years ago Ireland was a very different place.  A poor agrarian recently independent nation with low living standards and life expectancy.  Now it’s one of the wealthier places in Europe with much higher wages and standards.  Irish Life has changed too from being part of Permanent TSB to being part of the Canadian business Great West Lifeco.  It’s s...

The good news is that inflation is now below the target rate for the Central Bank of Ireland of 2%.  The bad news is of course that the higher prices are here to stay and we have to get used to forking out more for our weekly shop.  For example, shoppers in Ireland spent €9.3 million more on Easter eggs this year than last according to the latest data from Kantar.  The sales of hot...

The great and the good in the world of Recruitment, gather in Dublin this week for the TalentCon conference. They meet at a time of full employment in Ireland, where employees hold the whip hand over their employers. But of course that won’t be the case forever, and someone whose job it is to “see around corners', says employers and employees need to prepare for the next technological wave and how...

A look at today's business news stories with Newstalk's Business Editor Joe Lynam.

Usually when we look at commodity prices on this program, we speak about oil due to its importance to the global economy. We’ve even been speaking about Cocoa prices and the soaring value of chocolate as a result this year. But another hugely important commodity which has risen by 9% so far this year is Gold. Traditionally seen as a store of value, but could it also be something to consider for In...

There is still a lot of physical paperwork in Irish healthcare especially compared to our continental cousins.  But the direction of travel is clear: fully digital administration as well as the processing of patient records.  One Irish company is making strides in this space but alas not yet here in Ireland.  It’s called Wellola and was set up by the physiotherapist Sonia Neary.&nbs...

A look at today's business news stories in the papers and online.