Much more houses needed, Dublin Port rebounds and will Big Tech be reined in?

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

The State needs to build more than half a million homes over the next 15 years to resolve the housing crisis, estate agent Sherry FitzGerald has said. Eoin Burke-Kennedy reports.

Traffic at Dublin Port recovered in the second quarter of the year, with volumes now within 2.1 per cent of last year's figures, Dublin Port Company said. But activity remained almost 13 per cent behind the levels seen in 2019, as the ongoing pandemic and the impact of Brexit was felt. Ciara O'Brien has the details.

Karlin Lillington, in her weekly column, wonders if Big Tech's hitherto unchecked progress is about to be curbed.

Cantillon laments the mortgage arrears issue and the kicking of the can down the road. Our resident sage also warn that there will be little respite for those paying motor insurance.

READ MORE

Peter Hamilton meets the Irish companies playing to win in the competitive sports tech arena.

Chris Horn marvels at the spiralling nonsense that is technobabble while Frank Dillon finds that businesses with AI advantage are the "hardest to catch up to".

Ciara O'Brien reviews the Proscenic M7 Pro robot floor mop.

This week European Union revealed the details of its "Fit for 55", a package of toughened climate laws designed to help hit the target of reducing emissions by 55 per cent by 2030. But what does it contain, does it go far enough to hit the target, and what will it mean for business and consumers? On our Inside Business podcast Environment editor Kevin O Sullivan and Europe correspondent Naomi O'Leary report.

Also on the podcast, a Central Bank paper on long-term debt has revealed that over-60s make up a quarter of all those in mortgage arrears. Markets correspondent Joe Brennan explains what the Central Bank means, and Rachel McGovern, director of financial service for Mortgage Brokers Ireland, says our approach to those in arrears has stored up problems and needs a rethink

Stay up to date with all our business news: sign up to our business news alerts.

Conn Ó Midheach

Conn Ó Midheach

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