Breakfast Business

One of the biggest obstacles to building more homes is the lack of ready infrastructure i.e. the cabling, the sewers, as well as roads and bus stops. There’s a new company that advises on the provision of key infrastructure called HISCo and it was formed by a joint venture between the Irish Strategic Investment Fund alongside Cork County Council. Only this week a new project was launched by the Tánaiste Micheál Martin in Ballyvolane in Cork city. Speaking to Joe this morning Niall Morrissey is the chief executive HISCo.

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

Every company these days has ambitious plans to slash their emissions and use of carbon. For some in heavy industry, it’s a really tough task. But for others, they’ll need the help of other firms to buy their reduced carbon quotient. This is where the Irish firm Silicate comes in. To remove much of the carbon in concrete, they crush it up to tiny powder and give it to farmers to use in soil. That allows Silicate to create carbon creates which they then sell to other companies to meet their own targets. Maurice Bryson is the founder of Silicate

Ireland’s manufacturing sector has been in the doldrums for a few months and that was confirmed again today with the AIB purchasing managers index registering yet another month of decline. While that is in line with our European peers, strangely employment in the sector continues to grow. Manufacturing is dominated by the food and pharmaceutical sectors in Ireland and accounts for roughly 10% of Irish GDP. Oliver Mangan the Chief Economist with AIB joined Joe this morning on the show.

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

Investment in property was down a whopping 47% in the second quarter in Ireland compared with the previous 3 months. In fact such is the collapse in commercial property that Irish property investment was the 2nd worst among 27 developed nations according to BNP Paribas Real estate. Is this a reaction to soaring interest rates or is there something deeper and longer-lasting going on in the market? For more on this Joe spoke to John McCartney Director of Research for BNP Paribas Real Estate.

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

Joining Emmet Oliver this morning to run through the H1 results from Home Building Finance Ireland is their CEO, Dara Deering who talked us through the results.

For over 80 years, Irish Life Investment Managers (ILIM) have been working with clients to deliver investment solutions. Here to give us a mid-year investment outlook is Anthony McGuinness, Chief Investment Officer of ILIM...

A run-through of some of the business stories today with Emmet Oliver who was filling in for Joe Lynam Aidan Donnelly of Davys.

Unmanned aerial vehicles – or UAVs – as they are more commonly referred to, can aid in the inspection and maintenance of hydroelectric plants – so says ZenaDrone. Business Development Manager Simon Henry joined Emmet Oliver on the show.

Champion Green is launching the go-to retail destination for 'Support Local' shopping this summer on Clarendon Street. To tell us more about this Carina Galavan from Aviva Life and Pension joined Emmet Oliver on the show this morning.

A run-through of some of the business stories today with Emmet Oliver who was filling in for Joe Lynam.

The European Council has adopted new rules to combat pay discrimination and help close the gender pay gap in the EU. Under the pay transparency directive, EU companies will be required to share information about how much they pay women and men for work of equal value and take action if their gender pay gap exceeds 5%. Linda Hynes is a Partner at Lewis Silkin and joined Emmet Oliver on the show this morning.

Mortgage drawdowns have decreased 17% in volume and 12% in value in the space of a year. That’s just one of the findings in the Banking and Payment Federation’s Mortgage Drawdowns Report for Q2 2023. Brian Haynes, CEO of the Banking and Payments Federation of Ireland joined Emmet Oliver on the show.

A run-through of some of the business stories today with Emmet Oliver who was filling in for Joe Lynam.

The food and drink sector has called on the Government to extend its energy support schemes for businesses as cost pressures linger. Jonathan McDade is the deputy director of Food Drink Ireland and joined Emmet Oliver on the show.

One company is aiming to reach net zero by 2024 and calls for the energy scheme to be extended. ‘Hitting net zero is hard work but anything worthwhile is’ - so says David Russell, chief executive of Elio Networks who joined Emmet Oliver on the show.

A run-through of some of the business stories today with Emmet Oliver who was filling in for Joe Lynam.

What started out with the simple need to provide a service for local people in and around Wexford town, now has 61 buses on the roads travelling not just from Wexford but also to Maynooth, Carlow, Wicklow, Waterford, and Dublin airport. Brendan Crowley is the founder of Wexford Bus and he’s our July Businessperson of the Month. All with thanks to Eversheds Sutherland.