Heraty tops Irish Times awards, soaring commercial costs and the savings glut

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

At The Irish Times Business Awards 2021 last night Anne Heraty, founder of recruitment company CPL, was named Business Person of the Year. Former Dalata chief executive Pat McCann won theDistinguished Leader in Business award. The Deal of the Year award was won by AerCap while Uniphar and Glenisk won the Company of the Year and Local Enterprise of the Year awards.

Commercial building costs will continue soaring this year after increasing by more than 13 per cent through 2021, the latest figures show. Rising materials and energy prices have been driving up construction costs since early 2021. Barry O'Halloran has the details..

Some 80 per cent of Irish companies do not believe they will meet their carbon neutral targets in 2030, according to a new survey by professional services firm EY. The dismal finding comes as many western countries drift back towards fossil fuels in response to the current energy crisis and the potential threat to energy security. Eoin Burke-Kennedy reports.

In Caveat, Mark Paul argues that Ireland needs to be careful it doesn't end up dancing to TikTok's tune

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John FitzGerald says that the pandemic savings glut is one of the main factors driving house prices.

There were signs of stabilisation in the Irish jobs market in the first quarter of the year, a new survey has found, with the growth rate of job vacancies falling year on year. The IrishJobs.ie survey found job vacancies rose 44 per cent year on year, down from the 86 per cent reported in the previous quarter. Ciara O'Brien reports .

In Agenda Mark Paul finds Kylemore Abbey hoping for a tourism revival in the west.

Wild Geese talks to Andrew Brennan who is based in Melbourne but works for Marigot, the Cork-based company which harvests seaweed off the coast of Iceland.

In World of Work Olive Keogh finds that creating conditions for people to do their best work is the main challenge of hybrid working, not trying to control everyone.

Interpath Advisory, the UK-based corporate restructuring and insolvency firm, is planning to build up a practice in Ireland with 120 staff within the next three to four years, after poaching six partners from KPMG and Deloitte in Ireland. Its chief executive Blair Nimmo talks to Ciarán Hancock on our Inside Business podcast about Interpath's ambitious plans for its Irish arm.

Plus: Sixty years after it first launched, Golden Discs is opening a brand-new concept store POP! at their flagship Dundrum Town Centre retail unit, to coincide with Record Store Day 2022. Chief executive Stephen Fitzgerald, whose father Jack was one of the founders of Golden Discs in 1962, talks to Ciarán about POP!, vinyl's renaissance and the future of one of Ireland's best-known retail brands.

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Conn Ó Midheach

Conn Ó Midheach

Conn O Midheach is Assistant Business Editor - Digital of The Irish Times