The Irish Fiscal Advisory Council have made their pre-budget submission. They feel the Government’s proposed budgetary package will drive inflation and increase costs for households and firms. The council also warned that current plans would increase reliance on corporation tax receipts, which it considers risky. It also feels more of the corporation tax windfall should be put into the State’s…
The Government has introduced 46 tax measures since 2013 to stimulate house building here. Have they worked and do they represent good value for money for taxpayers? To help answer that question Ciaran Hancock is joined by Marian Finnegan, chief executive of Sherry Fitzgerald, Ireland's largest estate agent, and John McCartney, a property economics lecturer in TU Dublin, who spent 20 years working…
It's been a busy week for tech giant Meta. Its new glasses have sparked controversy over privacy concerns, while founder Mark Zuckerberg published his AI manifesto, and the company indicated that it might be willing to pay local communities to host data centres in their areas. Irish Times tech expert Ciara O'Brien explains why the glasses have caused such a stir and how Zuckerberg's approach to AI…
In a column last week, Cliff Taylor posed the question as to whether middle earners are being ripped off by the Irish income tax system. And with no income tax package introduced in 2026, that meant the real tax burden has increased this year. Minister for Finance Simon Harris has signalled that tax cuts are coming in the budget targeted at middle income earners, but does that require difficult…
First up this week’s episode of Inside Business, we are looking at pensions and what constitutes a comfortable retirement here. A recent survey from Royal London Ireland suggested Irish workers believe they will need almost €41,000 per year to achieve that. So, when should you start contributing into a pension and what age should you ramp up those contributions? And why is home ownership so…
First up on Inside Business this week, we look at the woes impacting the Irish aviation sector. Aer Lingus last week announced plans to cut up to 500 jobs at the airline, the equivalent of 8 per cent of its workforce. And Ryanair announced on Monday that its profits had dropped in the first half of the year due to higher fuel costs and a reduction in air fares as people hedge their travel plans…
First up on this week’s episode of Inside Business, host Ciarán Hancock speaks to Cliff Taylor of The Irish Times about the State’s purchase of the a 5-acre site on O’Connell Street in Dublin that used to house the Carlton cinema. Officially, it has been purchased for the Metrolink underground rail link to Dublin airport. But is this part of a wider plan by the Government to take charge of…
On this special episode of Inside Business recorded at EY’s head office, host Ciarán Hancock is joined by Dr Harriet Treacy, founder and CEO of BeyondBMI, Ireland’s first online medically led weight management and obesity clinic. She explains how frustration at the inefficiencies of healthcare systems was the catalyst in her decision to pivot from a medical doctor to an entrepreneur. Harriet is a…
In the first half of this week’s Inside Business, we debate the merits or otherwise of the now permanent 9 per cent VAT rate for the hospitality sector which kicked in on Wednesday. This followed a pledge in last year’s budget to cut the rate, and a long lobbying campaign by many in the industry. But at a cost of €681 million in a full year, is it a good way to spend taxpayer’s money? And should…
On this week’s episode of Inside Business host Ciarán Hancock has Irish Times new recruit Killian Woods in studio to discuss a Government scheme to support the building of apartments in our cities, which looks set to miss a key target. Croi Conaithe cities is a Government support scheme to help plug the affordability gap to support apartment building, which is a key plank in the State’s plan to…
The announcement of a 60 day ceasefire in the Middle East to allow detailed negotiations on what we understand could be a deal to end the conflict, has given the financial markets breathing space. First up on this week’s podcast is the potential impact on energy prices through the opening of the Strait of Hormuz, a key shipping route for oil, liquified natural gas and fertiliser. The Irish Times’s…
First up on this week’s episode of Inside Business is Elon Musk's company SpaceX and its plan to raise $75 billion through what will likely be the biggest initial public offering (IPO) in history this Friday. The company values itself at $1.75tn, but some analysts feel it is worth far less. Could it prove to be a risky bet for the retail investor given SpaceX's lack of profit? And there are…