Breakfast Business with Joe Lynam

Even a cursory glance at the papers at the weekend would have shown you that many small companies especially in the hospitality sector are either struggling financially or simply going to the wall.  SMEs really are also struggling with additional costs of employment including higher minimum wages and holiday or sickness pay.  But some simply don't have the money to repay the Revenue all...

A look at today's business stories on the show with Jonathan Healy.

Last year was a bumper year for Irish cinemas. ‘Barbenheimer’ was the phenomenon of the summer that drove thousands of people to the silver screen.  But the long-term trend for cinema-going in Ireland is not great. The arrival of Netflix and prime video poses an existential threat. Joining Joe this morning was Mark Anderson the General Manager of the Omniplex chain of cinemas.

This morning's main international business stories and websites with Joe Lynam and Russ Mould from AJ bell.

Investment in property will increase this year according to CBRE but it was 60% below the long term average last year amid soaring interest rates and a very weak commercial property market. Interestingly the top three investment transactions in 2023 had buyers who were private capital/family offices. Industrial & logistics was the most invested sector in Ireland according to CBRE’s latest repo...

If you have a pet at home - and millions of us do, then you’ll know how and where to buy pet food and treats and toys etc.  One Irish company which started up in Ballincollig, County Cork 18 years ago, now has 30 stores in 15 counties.  Maxi Zoo, which is part of the German Fressnapf group, and plans to open a further 4 stores here - suggesting that there's a huge market for pampering ou...

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

Yesterday evening Samsung unveiled the S24 lineup of devices at an ‘Unpacked’ event in San Jose.  Newstalk’s Technology Correspondent Jess Kelly was watching the event, and already has her hands on the flagship device the S24 Ultra. Here’s what you need to know about the new phones

AECOM is one of the biggest construction companies in the world.  Headquartered in Dallas, they have 700 employees on the island of Ireland and build some of our biggest projects including major new roads, rail and airports.  Their annual report is out and it paints a mixed picture for the construction sector.  It says the rampant cost increases of recent years appear to have stabil...

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

The Number of people joining the accountancy professions is down 33% over the past 8 years alone.  So to streamline the professional qualifications the 2 largest indigenous professional bodies, CPA Ireland and Chartered Accountants Ireland are set to merge. But will that stop the decline in numbers and to discuss what this merger means for the rest of us? Joe asked Mark Gargan the Presid...

Every year the great and hugely wealthy meet up in the Swiss Alps ski resort of Davos to swap ideas and work out ways to make themselves even wealthier.  PwC also publishes a global risk survey of what is worrying those senior bosses. Today it also publishes the specific concerns of Irish compliance officers and members of the C suites.  Cyber attacks came out on top of the Risk survey b...

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

If you've a small business you should be familiar with Local Enterprise offices or LEOs.  They are dotted all over the country and they often provide the first point of contact for startups which wish to benefit from government grants and advice especially on the road to digitalisation of how they work.  The Network of Local Enterprise offices has published its annual results today and J...

2 years ago President Biden introduced a bill deceptively called the Inflation Reduction Act.  It was designed to stimulate the post COVID US economy and kickstart the move away from fossil fuels through grants and subsidies worth almost €1trillion.  It poses a major threat to EU nations though as State Aid rules forbid member states subsiding their own national companies. But a work aro...

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

It’s one thing to start up a technology business but it’s quite another to scale it up and reach sufficient momentum so that it can become an international player.  It’s even tougher to do so outside the main urban centres but next month will see the 3rd Regional Start-up Summit in Limerick.  The project is backed by Enterprise Ireland, Google and the Irish Strategic investment fund.&nbs...

The European single market was established 30 years ago to provide for freedom of movement for goods and services, Capital and people. For the most part, it has been a huge success for EU member states, but according to a new report from the European Chambers of Commerce, there are still major problems trading between them including some member states, insisting on highly unusual rules and standar...

A look at today's business stories with Paul Kavanagh from Patronus Partners.

After a 3 month hiatus away from the bond markets, Ireland sold €3 billion worth of 10 years Government bonds yesterday which was vastly oversubscribed.  In fact only German bond yields are lower than Ireland’s these days which is a long way from 2010 when we went into a bailout because no one would lend us money.    Joining Joe this morning was Dave McEvoy Director of Funding...

 46 years ago a fast food restaurant was opened in Ballinasloe, Co Galway. A year earlier McDonalds had opened its first outlet on Grafton St.  Both entities have survived and thrived throughout Ireland with Supermacs now having 120 restaurants and will soon be opening in Dublin airport.  The founder Pat McDonagh prides himself as still being very much hands on but he’s also branched out...

A look at today's business stories and finance markets with Dan Moroney from RBC.

 Exports of Irish made food fell last year for the first time in a while but still remained above €16bn in value.  Worryingly sales in key sectors overseas such as dairy and whiskey dragged the over figure down.  Joe caught up with Jim O'Toole the Chief Executive of Bord Bia and asked him why exports had stagnated. 

The BT young scientists exhibition was formally opened by the President yesterday and to the public from today.  It’s a wonderful chance to see how smart our young citizens are and previous winners have included the Collison brothers who are now the billionaire owners of Stripe.  So what does this years crop tell us about the direction of travel for science, technology and business?&nbsp...

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