Inside Business with Ciaran Hancock

We return to the topic of Brexit. Patrick Smyth in Brussels has the latest on negotiations between the EU and UK taking place this week. Joe Brennan tells us about the latest announcements and rumours around banking and insurance moves, while Eoin Burke Kennedy looks at the impact so far on Irish industries. In part two our resident motoring expert Michael McAleer explains the financing method that up to 30% of those buying brand new cars in Ireland are now using. A Personal Finance Plan is a good option for many - but not for all. And more regulation may be needed, says Michael. Hosted on Acast. See acast.com/privacy for more information.

We look over the components of Minister for Finance Paschal Donohoe's summer statement on the public finances. Is there any need for a rainy day fund at all? What kind of capital investment should be prioritised? Should the 9% VAT rate for tourism go? Cliff Taylor, Jim Power and Joe Brennan join Ciarán Hancock to tackle those questions and more. Hosted on Acast. See acast.com/privacy for more information.

As our absent host Ciaran Hancock pointed out in his column this week, few tears will have been shed among the public at news that motor insurance providers were raided yesterday by the European Commission. But what's really going on behind closed doors in the industry? Joe Brennan and Cliff Taylor explain why lower premiums are unlikely, no matter what the outcome of investigations. Then Eoin Burke-Kennedy has analysis of the latest exchequer figure returns for the first half of the year, and the interminable wait for provision of rural broadband. Today's podcast is hosted by Dominic Coyle. Hosted on Acast. See acast.com/privacy for more information.

Sherry Fitzgerald founder Mark FitzGerald is Ciarán Hancock's guest on the Inside Business podcast. He talks about the need for radical thinking to solve the housing crisis, recalls his time in the estate agent business and a few memories of his late father Garret, and shares some tips for first time buyers. Hosted on Acast. See acast.com/privacy for more information.

Northern Irish hotelier and managing director of the Hastings chain of hotels, Howard Hastings, was in Dublin this week to announce plans for a £53 million investment in a new hotel in Belfast called the Grand Central, which will be the city's largest once completed. He spoke to Ciaran Hancock about his new hotel and about tourism in Belfast, which he says is "sound" and has not yet been affected on the ground by the lack of an administration at Stormont. They also discussed Brexit and what impact that may have on the Northern Ireland hotel sector, which currently has 20% VAT on room rates, compared to 9% in the Republic.Later in the podcast, Laura Slattery has the latest on RTÉ's €107.5 million euro land sale and what that money may be used for. Hosted on Acast. See acast.com/privacy for more information.

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."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. Hosted on Acast. See acast.com/privacy for more information.

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. Hosted on Acast. See acast.com/privacy for more information.

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.Under restrictive EU rules, the government must use the proceeds of the sale to pay down debt. With the Irish market badly exposed to the impending Brexit, the panel discuss whether now is the time to plead our case to our European partners.Later on in the podcast, Mark Paul tells us about the ‘immunity phone’, in the context of a bid rigging case at the Central Criminal Court, and he is joined by Barry O’Halloran for a discussion on Ryanair’s profits and the final divorce settlement in the Mercantile pub row. Hosted on Acast. See acast.com/privacy for more information.

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. Hosted on Acast. See acast.com/privacy for more information.

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. Hosted on Acast. See acast.com/privacy for more information.