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Low risk of winter power cuts, RTÉ to miss out on rugby ad revenue, and flight shaming

The best news, analysis and comment from The Irish Times business desk

Ireland's defeat to the All Blacks in their Rugby World Cup quarter final match on Saturday night, brought an end to Johnny Sexton's career and denied RTE a potential TV ratings hit for next weekend's semi final match. Photograph: Gareth Fuller/PA Wire RESTRICTIONS: Use subject to restrictions. Editorial use only, no commercial use without prior consent from rights holder.

Ciarán Hancock's face
Ciarán Hancock
Mon Oct 16 2023 - 06:29

There is a lower risk of energy power system alerts in coming months compared to what was anticipated last year though the balance between supply and demand remains tight, according to EirGrid’s winter outlook report. Kevin O’Sullivan has the details.

New technology is easing years of travel tedium just as flight shaming enters a new phase, writes FT columnist Pilita Clark.

RTÉ has missed out on a Rugby World Cup semi-final audience bonanza, while the total advertising revenue it earns from the event will also drop following Ireland’s defeat to New Zealand in the Stade de France on Saturday night. Laura Slattery reports.

Sticking with rugby, Irish spending in France spiked in September as rugby fans supported the team through the group stages of the tournament, while the cash left behind in Irish hotels, bars and restaurants was down significantly, according to report by AIB.

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Property developer Quintain Ireland has secured planning permission for what is says will be Cherrywood’s first village centre, including 148 build-to-rent apartments. Ciarán Hancock has the details.

In our personal finance Q&A, Dominic Coyle answers Budget 2024 queries from readers on a wide range of topics, including tax reliefs, benefits and lump sum payments. If you’d like to read more about the issues that affect your finances try signing up to On the Money, the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.

Ireland needs to enhance its overall tax offering to attract the next wave of FDI investment – likely to be in high-profit/high-tech industries such as AI-led technology, renewables and biotechnology, writes PwC Ireland head of tax Paraic Burke in our Opinion piece this week.

In Me & My Money, comedian Gearoid Farrelly explains why he usually drives home after a show rather than pay “crazy” money to stay somewhere. He spoke with Tony Clayton-Lea.

Two new Irish sovereign funds announced in Budget 2024 last week could help drive the Government’s net debt down to close to 40 per cent of size of the domestic economy by the end of the decade, according to Goodbody Stockbrokers economist Dermot O’Leary.

US regulators are again taking Elon Musk to court in connection with his takeover of Twitter. Musk is not pleased but Stocktake explains why this matters.

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