Breakfast Business with Joe Lynam

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

Amid the shortage of housing, every aspect of the inputs required to build homes is being looked at. Now the timber industry says there are enough trees in Ireland to build 1.4million homes with plenty of wood left over for pallets, fences, and other wooden items. But why don't we build many homes fully made using timber and what needs to change to ameliorate that? To discuss Joe spoke to Mark McA...

Although Credit Suisse was a systemic and large bank, Silicon valley bank nor Signature bank, which also collapsed this month were certainly not and yet, they have sent shivers down the spine of governments, central banks, and even consumers worldwide. The banking rules are not strict enough according to Thierry Philipponnat, the Chief Economist with Finance Watch, the European NGO advocating to m...

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

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

Shares in banks on both sides of the Atlantic have stabilised somewhat after a week of turbulence that brought down one of the oldest and biggest banks in Europe, Credit Suisse. But trouble had been brewing at the Swiss bank for years and some felt it was only a matter of time before it ran out of road. But how did it come to this? Joining Joe to discuss further was John Murray a former Managing D...

With housing now at an all-time high - even higher than it was pre-crash in 2007 - many turn to renovation or extensions to improve rather than move. But according to a new report from the Society of Chartered Surveyors Ireland called ‘The Real Cost of Renovation Report 2023.’ Doing it yourself is far more costly and time-consuming than you think. Joining Joe on the show this morning was Nick Taaf...

We all know the drill when we call up a major company and have to identify ourselves by saying something like our date of birth down the line. Behind that voice recognition are some pretty clever stuff and Liam Dunne, Chief Executive of Klearcom the Irish firm checks that voice recognition to ensure their multinational clients such as MasterCard and other giant pharma companies get the service and...

The is a real concern that bondholders in the soon-to-be-defunct Credit Suisse lost out while some Shareholders held onto some of their value. That could set a very dangerous precedent and a massive contagion or disruption elsewhere. To discuss the ramifications of the UBS merger and other market news Joe was joined now by Andreas Clenow, the Chief investment officer of Acies Asset Management and...

Newstalk's Business Editor Joe Lynam takes a run-through of some of the business stories today.

The ESB has been in the electricity business in Ireland for a century and in Britain for 25 years. It has set a target of 2040 to be completely carbon neutral and to get them towards that goal, they have signed a deal with the GeoEnergy company DcarbonX to provide ONshore energy storage in the form of Hydrogen in Britain and Ireland. Tony O'Reilly the chief executive of DcarbonX joined Joe this mo...

With the arrival of the Fintech companies, such as Revolut, Wise, and N26, the traditional way of banking has been severely disrupted. Now the credit unions are trying to get it on the act by making it easier to offer loans to its customers by using new AI technology from an Irish company called Metamo which is a joint venture between the credit unions and Fexco To tell us more about this Joe was...

Business Editor Joe Lynam takes a run through Monday's business stories in newspapers and websites.

This week is Seachtain na Gaelige and Tomorrow is SPD on the show, we take to look at how we attract companies and individuals to set up shop in Gaeltacht areas. And who better to talk to than Sinead Ní Fhátharta, Ceannasaí Fiontraíochta agus Fostaíochta Head of Enterprise at Údarás na Gaeltachta - the agency charged with promoting investment in Irish-speaking areas.

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

It’s decision day once again for the European central bank. Will they hike rates yet again and if so, by how much? Inflation hasn't gone away you know but there’s definitely a pullback underway in the technology sector and great unease following the collapse of its banker of choice - SVB. Speaking to Joe this morning was Dermot O’Leary the Chief Economist with Goodbody Stockbrokers.

 On Sept 23rd last year, the UK announced a so-called ‘mini budget’. It was a tax-cutting blueprint that threw caution to the wind. Within hours the markets had signaled that it would simply not wear the extra borrowing and within a month Prime Minister Liz Truss was gone. Now a more cautious chancellor Jeremy Hunt takes to his feet today and his job in many ways is to undo the damage caused by hi...

The ramifications of the collapse of America’s 16th largest bank are being felt on this side of the Atlantic. Tech Ireland wrote to its members in the startup community about how important it was for scale-ups SVB and for those firms eventually sold to large technology players. Brian Caulfield, the Chair of Scale Ireland said ''The demise of Silicon Valley Bank is of major concern to the Irish sta...

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

Last year small companies had to endure the perfect storm of soaring inflation and interest rates as well as a shortage of workers and extortionate electricity prices. The government has mitigated some of the inflation problems, but SMEs have complained that it was too difficult to get access to TBESS support and the scheme has been simplified since then. So how are things for small firms? All iss...

Amid the fallout from the collapse of not one but 2 banks at the weekend, some taxpayers are asking whether we might be returning to the Financial Crisis from 2008 when banks were bailed out by governments and investors were spared. It comes as Grant Thornton publishes its International Business report including the health of the technology sector. Mike Harris – Forensics & Cyber Partner with Gran...

Business Editor Joe Lynam takes a run-through of some of the business stories today.

Too often you hear accusations that giant multinationals come to Ireland: make huge profits, avoid paying taxes elsewhere, and fail to ‘give back’ to the area that they are based. One such multinational is pushing back on the latter accusation. The ‘Google Employment Task Force’ has joined forces with local community groups and the government to help those less well-off areas with training and fac...

One of the major banking stories was on Friday evening when the Silicon Valley bank collapsed. It was the main banker for start-ups, not just in America, but all over the world, and potentially could ruin some dot com companies. To discuss its implications, I’m joined now by Pat Phelan chief Executive officer of SISU as well as a serial technology entrepreneur.

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