Bass quits RTÉ board, EY’s 800 jobs, and what to expect in Budget 2022

Business Today: the best news, analysis and comment from The Irish Times business desk

Larry Bass, who has resigned from the board of RTÉ after just eight weeks in the role. Photograph: ©INPHO/Ryan Byrne

Larry Bass, who has resigned from the board of RTÉ after just eight weeks in the role. Photograph: ©INPHO/Ryan Byrne

 

Larry Bass, the producer of Dancing with the Stars and other hit shows, has resigned from the board of RTÉ just eight weeks after taking up the role. Jack Horgan-Jones reports on his decision.

Stripe has participated in a $130 million (€110.7 million) fundraise for TrueLayer, a fintech company that recently received Central Bank of Ireland authorisation as a payments institution and is establishing its European headquarters in Dublin. Charlie Taylor has the details.

Professional services firm EY is to create more than 800 new jobs across seven offices over the next year in a move that will bring its total headcount locally to nearly 4,200 people, write Charlie Taylor.

Small tax cuts and modest welfare increases are what we should expect from Budget 2022, according to Fiona Reddan in our personal finance feature.

With our cherished 12.5 per cent corporate tax rate now firmly under the spotlight, Cantillon predicts that the circular debate on the issue will continue for some time but that Minister for Finance Paschal Donohoe will eventually have to stop sitting on the fence.

In Q&A, a reader wants to know how the new total contributions approach for the State pension calculation will work. Dominic Coyle has the answer.

In our media and marketing column this week, Michael Cullen explains why media auditing has become such a fraught issue in advertising.

In Me & My Money, Melissa Steele, founder of Loom Irish Lineloomirishlinen.com n, explains why it is better to pay more for something that will last.

The State is unlikely to meet its 2030 offshore wind energy target unless urgent action is taken over the next 12 months to enable more wind farms be built, a sector lobby group has warned. Charlie Taylor reports.

Simone Rocha marked the 10th anniversary of her brand on Monday at London fashion week, with her first runway show in more than 18 months for spring/summer 2022. Our fashion editor Deirdre McQuillan sized it up.

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