Fears for 1,000 construction jobs, Russia’s leased planes and energy security

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

In World of Work Olive Keogh finds that the movement for four-day week gathering momentum in wake of pandemic.

Concerns grew on Thursday that efforts to rescue building group Roadbridge may fail, with fears for the future of around 1,000 construction jobs.

Advisors IBI Corporate Finance have been seeking an investor or buyer for Co Limerick-based Roadbridge, best known for work on motorways and other State projects, since last year. Barry O’Halloran has the details.

Further doubts were raised on whether Irish aviation leasing firms will be able to recover aircraft from Russia after the Kremlin published a draft law that could block their return. EU sanctions imposed to punish Russia for its invasion of Ukraine gives leasing companies until March 28th to terminate lease agreements with the country's airlines, triggering a rush to recover aircraft from state-owned Aeroflot and other airlines in Russia. Simon Carswell reports.

Trade unionists representing 450 Aughinish Alumina workers are watching developments after the UK sanctioned Oleg Deripaska, a Russian shareholder in the aluminum refiner.

READ MORE

The British government froze assets of seven oligarchs said to have close ties to the Kremlin, including Mr Deripaska and Chelsea owner Roman Abramovich, as civilians and hospitals fell victim to Russia’s invasion of Ukraine. Barry O’Halloran reports.

Online payments company Stripe's move back into cryptocurrencies has deepened with the firm announcing a new comprehensive solution to support crypto-focused businesses, including exchanges, wallet providers and NFT marketplaces, writes Charlie Taylor.

Perhaps the most irritating part of the blatant cash grab that is the DAA's plan to charge the public for dropping off and picking up at Dublin Airport is the lame attempt to dress it up as a sustainability initiative "to encourage people to take public transport". Pull the other one, says Mark Paul in Caveat.

In Agenda, Eoin Burke-Kennedy runs the rule over Sinn Féin's signature economic policies.

European consumers and businesses are the ultimate beneficiaries of investments that give us security of energy supply and tackle climate change, writes John FitzGerald in his weekly column.

In World of Work Olive Keogh finds that the movement for a four-day week gathering momentum in wake of pandemic

Wild Geese talks to Seanán Ó Coistín who works in Luxembourg and lives in Trier, Germany.

Nearly two weeks into the Russian invasion of Ukraine, Cliff Taylor and Mark Paul of The Irish Times take a look at the impact of the war on the global economy. They speak to Ciaran Hancock on our Inside Business podcast about rising energy costs and the implications for Irish consumers and businesses.

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

Conn Ó Midheach

Conn Ó Midheach

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