Ulster Bank refunds, DAA’s new deal and green jersey governance

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

Are the robots really coming for our jobs?

Are the robots really coming for our jobs?

 

Ulster Bank is to refund 9,800 mortgage account holders in the Republic who were overcharged on the interest rate on home loans drawn down between 2001 and 2008. Ciarán Hancock has the details.

The National Asset Management Agency has told the Minister for Finance it could deliver an “significant potential gain” to the State worth up to ¤400 million if it is allowed a longer lifetime than currently planned, writes Jack Horgan-Jones. In Agenda Jack looks at the ever-mounting cost to the Sate of dealing with the financial crash and its aftermath.

Unrealistic asking prices alongside the Central Bank’s lending rules are causing property at the higher end of the house market to flatten, a report from property website myhome.ie has found. Peter Hamilton reports.

Electronic-signature software company DocuSign has leased about 9,290sq m (100,000 sq ft) of office space at 5 Hanover Quay, Dublin 2 in a move that will give it capacity to triple its current workforce, writes Aidan Murphy.

In this week’s interview Barry O’Halloran meets Aer Lingus chief executive Seán Doyle and finds a man fully aware of the challenges ahead.

Caveat says that John Delaney and the FAI typify a reluctance to have tighter organisational scrutiny in this country.

Despite ostensibly recognising the unrealistic demands of the workplace, writes Dr Darren Thomas Baker, employees feel guilty and blame themselves for failing to fulfil them. Why?

Our robot overlords are coming. But are they really? Olive Keogh finds out.

John FitzGerald, in his weekly column, ruminates on how the increase in home-grown economists help better inform government policy.

And why not ease into the weekend with Laura Slattery’s Planet Business.

Stay up to date with all our business news: sign up to our business news alerts and our Business Today daily email news digest.