Electricity blackouts, air travel still down, and tax-free pension lump sums

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

A  Ryanair aircraft taking off from Dublin Airport. The airline has seen a steep increase in its traffic from Irish airports since Government restrictions were lifted last month but the overall number remains below the pre-pandemic level.  Photograph: Sam Boal/Rollingnews.ie

A Ryanair aircraft taking off from Dublin Airport. The airline has seen a steep increase in its traffic from Irish airports since Government restrictions were lifted last month but the overall number remains below the pre-pandemic level. Photograph: Sam Boal/Rollingnews.ie

 

Confidence is growing that two electricity plants will be restored to action in time to stave off the risk of power cuts next winter, writes Barry O’Halloran.

An Bord Pleanála has given the green light to plans for a €60 million “fast-track” residential development for Enniskerry, Co Wicklow, in spite of a representative for the Church of Ireland expressing concern over the plan. Gordon Deegan has the details.

Irish air travel has hit about half the pre-pandemic traffic levels four weeks after the Government eased restrictions, official figures show. Barry O’Halloran goes through the numbers.

Dublin-based medtech company RedZinc is seeking to raise €300,000 to accelerate its growth after developing a wearable camera for paramedics to facilitate real-time video streaming to hospitals from the scene of an emergency. Colin Gleeson reports.

US workforce management company, Workrise, is to set up a new software engineering centre in Northern Ireland in a move that will lead to the creation of more than 150 highly skilled jobs. Charlie Taylor has the details.

Is it time to reduce the tax-free pension lump sum? Fiona Reddan ponders this question in our personal finance feature.

In Q&A, a terminally ill and looking toreader wonders how they can sort out their affairs for a young child. Dominic Coyle offers some guidance.

In her weekly media and marketing column, Laura Slattery details how the Irish screen industry is booming in spite of the Delta variant blues.

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