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News - Irish Life Corporate Business

Posted on June 26, 2017
Will the UK's hung parliament lead to a softer Brexit?
Maybe according to Director General of The British Irish Chamber of Commerce John McGrane. But it would take "somebody of the unique 'backflipability' of a Boris Johnson to come out and say: I've looked into my heart, de Valera-like, and I've read the will of the people and it's for a soft Brexit."
 
Posted on June 16, 2017

Maybe, says Director General of The British Irish Chamber of Commerce John McGrane. But it would take "somebody of the unique 'backflipability' of a Boris Johnson to come out and say: I've looked into my heart, de Valera-like, and I've read the will of the people and it's for a soft Brexit."

He is joined by economist Jim Power to discuss what a softer border with Northern Ireland might look like and what Ireland's new Taoiseach Leo Varadkar should do for the economy.

In the second half of the show, Larry Broderick of the Financial Services Union talks to Joe Brennan about the AIB IPO and explains why the bank should establish a profit-share with staff in recognition of their role in getting it back on its feet.

 

Posted on June 12, 2017

As Michael Noonan prepares to hang up his boots at the Department of Finance, former Labour TD Pat Rabbitte and IBEC's Danny McCoy join Cliff Taylor and Ciarán Hancock to discuss his legacy.

In the second part of the show, Laura Slattery and Davin O'Dwyer are in studio to talk about the announcements made at Apple's conference on Monday, including that Amazon Prime will now be available on Apple TV. They look at what affect, if any, that might have on Netflix.

Posted on June 02, 2017

"Sorry mate, you can't spend it" - AIB's IPO, Ryanair, Mercantile Divorce & Bid Rigging

With an expected price tag of €3 billion, the AIB flotation green-lighted by the Finance Minister Michael Noonan on Tuesday, will be one of the biggest in Europe in recent years.

Does that mean the government will have extra money to spend on much-needed infrastructure once the sale goes through? Not exactly, Cliff Taylor tells the latest Inside Business podcast.

Posted on May 26, 2017

In the early 1990's John Fitzpatrick went to New York to run a new hotel owned by his father. Today, Fitzpatrick is now one of New York hospitality's most well known names, and his two hotels are havens for Irish visitors to the city. In the 25 years in between he has seen many ups and downs in the trade, from the post-9/11 downturn to monthly Celtic Tiger-era shopping trips by the wealthy Irish, and the advent of AirBnB.

He tells Ciarán Hancock about his quarter century in New York.

Posted on May 23, 2017

Our staff choir, the "Life Choir", had a fantastic achievement recently, coming second overall at the National Workplace Choir of the Year competition, run in association with Lyric FM and held in University Concert Hall, Limerick.

Posted on May 18, 2017

Exporters, particularly in the agri-food sector, are already beginning to feel the Brexit pinch, according to Enterprise Ireland. Is enough being done to protect the economy from restricted access to the UK market? Can that damage be offset by growth in the financial services sector? And will we have enough homes to house all the new bankers? To discuss all this we're joined by economist Jim Power, and Joe Brennan and Eoin Burke Kennedy from The Irish Times business team.

In part two: controversial UK retailer Sports Direct opened its first major standalone store in Dublin this week. Mark Paul paid a visit and found a tough competitor for established players such as Lifestyle and Elverys.

Inside Business is produced in association with Irish Life.

Posted on May 11, 2017

The path has been paved for the government and public sector unions to enter into talks on a new pay deal for the country’s 300,000 State employees, following the publication of the report of the Public Sector Pay Commission yesterday.

On the latest Inside Business podcast, Industry Correspondent Martin Wall joins Director of Research at Savills Ireland, John McCartney, to discuss what will be the flash-points when that time comes.

Also in this episode, the Government has backed off plans to force owners of PCs, laptops and tablets to pay the TV licence fee. Laura Slattery has the background on this and on Virgin Media Ireland’s insistence that it will not pay for access to RTÉ channels.

In the second half of the show, as the FAI continues its investigation into the betting allegations engulfing League of Ireland side Athlone Town, Irish Times football correspondent Emmett Malone has the latest in this extraordinary story.

Posted on May 05, 2017

Irish Life has reported a 44% increase in profits for the first quarter of 2017, contributing €54million (CAD$76 million) to Great West Lifeco’s earnings in the quarter. This was up from €37.5 million (CAD$56.8 million) in the same quarter in 2016.

Posted on May 04, 2017

Trenchant ground is being staked out in Brussels and in London, as Brexit posturing continues before any real talks get underway.

In this episode, Laura Slattery steps in for Ciarán Hancock to lead the team in a look at this and some of the other big stories of the week.

 

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