Ulster Bank competition, flexible work space and the key economic drivers

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

In Agenda, Joe Brennan asks whether Central Bank oversight of the crowdfunding sector will help or hinder it?
In Agenda, Joe Brennan asks whether Central Bank oversight of the crowdfunding sector will help or hinder it?

The sale of Ulster Bank's €6.5 billion of tracker mortgages has turned into a competitive auction, with AIB vying with two overseas investment giants for the low-profit loan book, according to sources. Joe Brennan has the details.

In Agenda, Joe Brennan asks whether Central Bank oversight of the crowdfunding sector will help or hinder it?

Bank of Ireland has renewed its sponsorship of The Irish Times Business Awards, which will be held this year on April 23rd at the Round Room in the Mansion House in Dublin. The awards are now in their fourth year, and will involve one of the winners of the Business Person of the Month award being chosen as Business Person of the Year for 2021 writes Ciarán Hancock.

An estimated 1,000 pubs and restaurants are potentially affected by a key High Court judgment on Friday on the sums that insurer FBD must pay to four pubs who won test cases over compensation for business interruption due to the Covid-19 pandemic. Mary Carolan reports.

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SpectrumLife is to create an additional 70 jobs this year after surpassing two million users following a deal with a leading healthcare provider in Britain. The Dublin-headquartered company has secured a contract with Benenden Health to provide digital mental health and wellbeing support to over 800,000 of its members. Charlie Taylor reports.

Irish property company IPUT Real Estate is entering the market for flexible work space, with a plan to deliver up to 120,000sq ft of office accommodation targeted at high-growth companies looking to locate and build their operations in the capital, writes Ronald Quinlan.

John FitzGerald, in his weekly column, argues that while there is no unique path to prosperity, for both Ireland and Finland, open economies and investment in education have been key drivers.

In World of Work Olive Keogh finds that remote working is here to stay, but that it has its own set of challenges for managers.

Enniskerry needs new houses. It cannot remain an untouched monument, a pretty little village where its existing residents have a veto to stymie any and all developments of scale in the area. Mark Paul tackles the thorny subject of planning.

"This city has everything. The public schools are amazingly good, the art, the nightlife. Even though I travel a lot, when I see the New York skyline as my plane lands, I'm always happy to come home." Wild Geese this week features Philip Duff, drinks consultant.

As the Irish economy begins to shrug off the effects of the pandemic and consumer spending returns to more normal levels, the Central Bank says it expects up to 167,000 new jobs to be created in the next two years.On our Inside Business podcast Ciarán Hancocktalks to chief economist at Goodbody, Dermot O'Leary, and Irish Times economics correspondent, Eoin Burke-Kennedy, about what's driving Ireland's economic growth and what could scupper it.

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Conn Ó Midheach

Conn Ó Midheach

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