Breakfast Business

A look at the main business stories this morning with Joe Lynam.

Ireland may have one of the younger populations in Europe but as a whole, we are living much longer and having fewer children. It means a smaller group of people will need to look after a larger group of older people in a few years time and we’ll  need more nursing homes to cater for that market? My next guest has great plans to grow his business from 300 to 1000 nursing home beds in the next few years. He’s Tom Finn, Chief Executive of Brookhaven Healthcare Group. 

More people get their news from online sources than the traditional media such as linear TV or radio.  That’s the assessment of the Digital News Report published by the new media regulator  Coimisiún na Meán.  The report also found that almost ¾ of people polled are very concerned about fake news or Disinformation.  Rónán Ó Domhnaill is Media Development Commissioner with Coimisiun na Mean and spoke to Joe about the report findings.

Joe Lynam takes a look at the international business stories this morning along with the Director of Research at XTB.

Many dads might receive sweet gifts this Sunday, often imported. But why not choose a local treat? Joe spoke with Tomás Póil, who runs a thriving business called Man of Aran Fudge on Inisheer, the smallest Aran Island.

With Father's Day approaching, we often think of cards, socks, and breakfast in bed. However, the significant role fathers play in passing on knowledge and businesses to their children is often overlooked, despite being a cornerstone of the Irish economy. Joe spoke with David Fanagan, former boss and now Director of Fanagans Funeral Directors, about this enduring legacy.

Russ Mould from AJ Bell takes a look at today's business stories and websites with Newstalk's Business Editor Joe Lynam.

5 years ago, you would probably not have heard about Chinese car brands such as BYD or Geely. But now they are rapidly eating the lunches of European carmakers - especially for electric vehicles. After a probe was launched last October into suspected subsidies of Chinese cars on EU markets, the Commission has now decided to impose substantial tariffs on Chinese EVs. China will almost certainly retaliate and a trade war looms.Olof Gill is a spokesperson on Trade for the EU commission

Co Longford is set to receive a significant investment of up to €100 million from leisure giant Center Parcs. The Ballymahon facility will see the addition of a new aqua park, 200 new lodges, and a treetop sauna, indicating strong demand for premium holidays in Ireland. Joe spoke with Colin McKinlay, Chief Executive of Center Parcs, about this major development.

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

While geopolitical risks continue to be a concern, the Irish economy remains stable, with some earlier worries now easing. This is the assessment from the Central Bank of Ireland in its latest financial stability review. Joe spoke with Deputy Governor Vaz Madouros to explore whether Ireland is experiencing a "goldilocks" phase in its economy.

This year has brought significant elections with unexpected impacts on international markets. Eurozone bond yields, including those for Ireland, surged following President Macron's surprise dissolution of the French parliament. In addition, shares in India fell post-election, and the peso plummeted after elections in Mexico. Joe was joined by Michael O’Sullivan, co-founder of Unio Wealth Managers and author of "The Levelling," to discuss these geopolitical developments.

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

Last week, the European Central Bank reduced its official deposit rate for commercial banks from 4% to 3.75%, with indications that further cuts might be coming. However, major Irish banks have yet to lower their standard variable rates, and there is no requirement for them to do so. Additionally, those on fixed mortgages won't see any benefit from these lower rates. Joe was joined by Margaret Barrett from Mortgage Navigators to discuss the current state of the mortgage market.

Ireland has launched its inaugural Bio CNG refuelling station today in North County Dublin. This renewable energy source aims to reduce Ireland's overall emissions. However, it is a small part of a larger decarbonisation effort. Meanwhile, Ireland will still rely heavily on non-renewable gas for many years.Joe was joined by John Rooney, Chief Executive of Flogas, to discuss this development.

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

Joe was joined by Niamh Counihan from Matheson to discuss the significance of Pro Bono Work Week, where barristers and solicitors across Ireland offer their expertise for free

Joe was joined by Garrett Bridgeman from An Post eCommerce to discuss how smaller businesses can capitalise on a 375% surge in online shopping, by preparing for this year's Christmas, now!

Kathleen Brooks with XTB joins Joe for a look at today's business stories and websites

A lot has changed since Twitter changed owners and became X.  For a start half the press office and content moderators were fired.  Secondly, having a blue tick has now become something that users might NOT necessarily want and now you may well see a lot more naked flesh on your twitter feed after X said that users would have to expressly opt OUT if they don't wanna see porn in their timeline. Jess Kelly, our technology correspondent looks at the changes brought in by X.All with thanks to PwC.