‘I’ve entrepreneurial spirit in my veins’ – Apprentice star Jordan Dargan
This week’s episode of Inside Business starts with an interview with Irish entrepreneur Jordan Dargan.Fans of the popular BBC show The Apprentice, will have seen Jordan come within a whisker of reaching the final two who got to pitch to secure Lord Sugar’s £250,000 investment.There was some consolation for the 22-year-old Dubliner with Lord Sugar giving him his business card before he left the boardroom and encouraging him to keep in touch. Jordan joined host Ciarán Hancock in studio to detail his experience on the Apprentice, how the business he pitched to Lord Sugar has developed since recording finished last year, and offers he has received here to pursue a career in media.Earlier this week, US president Donald Trump pressed for drug companies to invest more in the United States and to lower their prices for medicines.So, what would that mean for the Irish pharma sector, which exports a huge amount of medicines to the US each year.Dominic Coyle of The Irish Times has covered the story and goes through Trump’s proposals and the possible implications for Irish pharma.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
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44:45
Will DoorDash takeover of Deliveroo mean better pay and conditions for gig economy workers?
Earlier this week, US meal delivery group DoorDash agreed a deal to take over its British rival Deliveroo, which has a big presence in Ireland.The deal is valued at £2.9 billion and will pit the merged group in competition with other online delivery platforms such as Just Eat and Uber Eats.Callum Cant is an author and senior lecturer from the University of Essex and also worked for Deliveroo while he was in college.He joined host Ciarán Hancock on the line to discuss the merger and what it might mean for Deliveroo’s battalion of gig economy workers and for retailers using the online ordering platform.Also on this week’s Inside Business, the Department of Finance’s annual progress report on the Irish economy, a document that informs budgetary strategy and is filed with the European Commission.This week it brought news of a slowdown in growth, reduced job creation and a significant fall in corporation tax receipts.Eoin Burke-Kennedy covered the story for The Irish Times and explained the headline numbers in the report and what impact Trump’s tariffs will have on Irish economic growth this year.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
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28:33
100 days of Trump: “It’s like The Karate Kid, tax on, tax off, tariffs on, tariffs off”
This week Inside Business looks at the impact of Donald Trump’s first 100 days in office on markets. The sweeping US tariffs announced on April 2nd rocked equity and bond markets.They plunged in value to such an extent that Donald Trump was forced into a quick U Turn, postponing all of the tariffs for 90 days, with the exception of China.Aidan Donnelly is Head of Global Equities at Davy stockbrokers and joined host Ciarán Hancock in studio to consider the impact of those tariffs and to offer a view on where markets might go for the rest of the year.In the second half of the show, Hugh Linehan of The Irish Times will reflect on the terms being offered in RTÉ’s latest voluntary exit programme for staff in an effort to help the broadcaster reduce its headcount by 400 over the next four years.The funding for this restructuring has essentially been provided by the State via a €725 million three-year funding plan agreed last year with the Government.In a column in The Irish Times this week, Hugh Linehan of The Irish Times examined the plan and asked the question as to whether RTÉ was in a worse position than other media companies in Ireland?Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
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42:49
Patrick Guilbaud on bringing fine dining to Ireland, retirement plans, and not getting that third Michelin star
This week’s episode features Patrick Guilbaud, the French chef who brought fine dining to Ireland 44 years ago. Situated beside the Merrion Hotel in central Dublin, Restaurant Patrick Guilbaud continues to thrive with two Michelin stars. Guilbaud moved to Ireland in the early 1980’s when the country was in recession, and it wasn’t always plain sailing. A visit from the sheriff for unpaid debts led to a partnership with successful businessmen Lochlann Quinn and Martin Naughton that helped put the restaurant on a sound financial footing. It also led him to relocate the restaurant to the Merrion Hotel site which was developed by Quinn and Naughton. A move that he considers to be the making of the business.In February Guilbaud received the Distinguished Leader in Business award at the Irish Times Business Awards. In this interview with host Ciarán Hancock he discusses those difficult early days of trading, changes in the Irish restaurant trade over the past four decades, the current challenges facing the sector in terms of cost, and his plans for retirement.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
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47:51
“1 in 5 US households consume Kerrygold” – Ornua CEO Conor Galvin
Kerrygold is one of the biggest food brands in Ireland and one of our largest exports.Earlier today, its parent company Ornua announced that revenues last year were flat at €3.4 billion but its operating profit and Ebitda were up, helped by efficiencies achieved during the period.But that was last year. Before Donald Trump won the US presidential election and later announced sweeping tariffs on all imported goods.Kerrygold is one of the main Irish food brands facing a hit from Trump’s tariffs, which are currently set at 10 per cent for 90 days but could ultimately rise to 20 per cent.Conor Galvin is chief executive of Ornua and he joined me in studio to discuss the impact the 10 per cent tariff is currently having on Kerrygold sales in US retail.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
A weekly look at business and economics from an Irish perspective hosted by Irish Times Business Editor Ciarán Hancock. Produced in association with EY. Hosted on Acast. See acast.com/privacy for more information.
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