Shortage of rental homes, digital literacy and GDPR a handy scapegoat

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

Inside Business podcast: Is a global recession likely?

In its latest quarterly report, the property website Daft.ie said there were just 851 homes available to rent nationally on its website as of May 1st last, the lowest number since its series began in 2006. Eoin Burke Kennedy has the details.

The rate of rent price inflation for sitting tenants is roughly half that of movers or new tenants, according to new figures from property website Daft.ie. Based on bespoke data collated since 2017, the report shows that while market rents have risen by 38 per cent over the past five years, and more than doubled in a decade, rents for those who have stayed put are, on average, just 10 per cent higher now and about 40 per cent up on a decade ago. Ciarán Hancock reports.

A civil liberties group has raised further concerns with the State's data privacy watchdog, complaining about An Post's use of delivery staff to collect data on people's homes for its GeoDirectory address database business. Simon Carswell reports.

With rampant inflation, rising interest rates and the continuing war in Ukraine, warnings about the potential for a global economic downturn are getting louder by the day. On our Inside Business podcast Ciarán Hancock talks to Irish Times writer Cliff Taylor and Washington Correspondent Martin Wall and ask are we heading for a worldwide recession?

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Frank Dillon learns that business leaders will have to become digitally literate or they will be left behind.

The list of silly things, writes Karlin Lillington, that the General Data Protection Regulation gets blamed for expanded melodramatically this week with a paper that blames it for constricting "innovation" based on – facepalm – a drop in the number of apps available on the Google Play Store since the GDPR's 2018 implementation.

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Conn Ó Midheach

Conn Ó Midheach

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