IDA and data centres, RTE’s Six Nations ads, and lost motoring taxes

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

The IDA flagged concerns that data centres were being "scapegoated" for a crisis in electricity supply that had led to warnings of power blackouts, according to documents sourced via Freedom of Information by Ken Foxe.

RTÉ is selling advertising packages priced at up to ¤85,000 for its half of this year's Six Nations television coverage as action from the rugby championship returns to the broadcaster next month for the first time since 2017 under a joint rights deal with rival Virgin Media Television. Laura Slattery has the details.

A law firm hired by investment bank Investec to review its governance, after it was caught up in a controversy around a fraudulent financial trading scheme (known as cum-ex), previously worked for a company heavily involved in the trades. Jack Power reports.

Paschal Donohoe is set to meet the new German finance minister Christian Lindner in Berlin today to discuss key economic issues before travelling on to meet senior political figures in Latvia and Lithuania in his role as president of the Eurogroup. Derek Scally tees up his trip.


Irish people increased their spending on Covid testing kits in the run up to Christmas, according to the latest monthly report on spending by fintech Revolut, writes Ciara O'Brien.

More than €2 billion was invested in the Irish property market in the final quarter of 2021, bringing the total for the year to €5.5 billion, according to figures from real estate agent Savills Ireland. Laura Slattery reports.

In his weekly column, Eoin Burke-Kennedy says the switch to electric vehicles will punch a €5 billion hole in the State's finances. How will these lost taxes and duties be replaced?

Want to read more books this year? FT columnist Pilita Clark offers some tips, based on the practices of a number of well known super readers from around the world.

In Q&A, a woman says her ex-partner wants their house sold years after he stopped paying the mortgage, and asks about her options. Dominic Coyle offers some guidance.

In our Opinion piece, EY's chief economist Neil Gibson does not expect prices to fall this year by as much as has been predicted, and argues that we must focus on certain priorities if we are to position the Irish economy for future growth.

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Ciarán Hancock

Ciarán Hancock

Ciarán Hancock is Business Editor of The Irish Times