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News - Irish Life Corporate Business

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.


Posted on April 27, 2017

What role if any will traditional bricks and mortar banks play in the future dominated by disruptive technology like AI, robotics and social media? For the first ever Inside Business episode recorded in front of a live audience, we asked three of Ireland's top experts to predict the future of the industry.

The panel: David Duffy, chief executive of CYBG (Clydesdale and Yorkshire Bank) in the UK and a former AIB CEO, Gavin Kelly, director of distribution channels with Bank of Ireland, and Mairead Jackson, managing director of Accenture.


Posted on April 25, 2017
  • Where there is a company pension plan available 76% are saving into it
  • 49% know how much their employer contributes
  • Just 54% of employees know that saving into a pension is a tax efficient way to save for the future
  • 25% rate a pension at work as the most important workplace benefit
Posted on April 24, 2017

What exactly does the British Prime Minister want? That’s the question Irish Times columnist Chris Johns asks in the latest podcast.

He joins Business Editor Cliff Taylor and Markets Correspondent Joe Brennan to discuss the fallout from Theresa May’s surprise announcement of a snap UK election yesterday, how it might affect the Brexit negotiations and what impact will be felt here in Ireland.

Later in the podcast, Simon Carswell has the details of Trump's plan to review of the H-1B visa programme and outlines what it's likely to mean for Irish people seeking to work in the US.

There is also some discussion of the setbacks to Trump’s tax reform plans and why that means Irish businesses can breathe a sigh of relief, for now at least.

Posted on April 19, 2017

With conflicting messages coming from the Minister for Finance and the Department of Finance on exactly how much scope there will be for expenditure and tax cuts in the 2018 budget, the only thing that is certain is that there won't be a whole lot to spare.
Irish Times Business Editor Cliff Taylor joins Ciarán Hancock to crunch the numbers, while  Barry O'Halloran has the latest on Norwegian Air's plans to enter the South American market and Laura Slattery reports on Communicorp's CEOs cull.
The panel also discuss the North-South electricity inter-connector, banker's salaries and how Brexit will impact media advertising.

Posted on April 07, 2017

Another sharp rise in house prices in the first quarter of 2017 has left some wondering if the market is not once again overheating to a dangerous degree. Is the bubble back? What exactly is driving the rise, and can we expect acceleration to slow as more housing is supplied? We ask architect Mel Reynolds and economist Marian Finnegan of Sherry Fitzgerald.

After that we're on to commercial property. Relm is a new commercial lending fund venture, co-founded by Richard Barrett, that will invest €200 million in Irish projects over seven years. We talk to CEO Paul Dowling about what this offers that traditional lenders cannot.

Posted on March 30, 2017

Fianna Fáil’s spokesperson on jobs and enterprise, Niall Collins, has criticised the government for allowing a two tier economic recovery take hold across the country.

Later in the podcast, the panel discussed Brexit and British Prime Minister Theresa May’s triggering of article 50, beginning what are likely to be lengthy negotiations with the EU.



Posted on March 27, 2017

Even in the colourful history book of corporate Ireland and its standards of governance, this could yet turn out to be a particularly psychedelic chapter", wrote Mark Paul, breaking the news that INM CEO Robert Pitt made a protected disclosure to the Office of the Director of Corporate Enforcement about the value his company's board put on its acquisition target, Newstalk. Mark is here to talk us through the story.

And Laura Slattery lays out what we know about RTÉ DG Dee Forbes's restructuring plan which is said to involve the loss of 200 jobs at the state broadcaster, and what the future might look like in Montrose.



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