Morning Headlines

One third of emergency power generation at risk; Mary Lou McDonald interviewed

The biggest stories from business, politics and current affairs in today’s Business Post

Mary Lou McDonald: ‘Little did we know that war would happen in Ukraine, that we would be into this once-in-several generations cost of living crunch and inflationary spiral. So, yeah, it’s been hectic.’ Picture: Fergal Philips

One third of emergency power generation at risk from outdated infrastructure

More than a third of the emergency power generation that Eirgrid planned to have in place by next winter may not be delivered on time due to faulty infrastructure at one of the key sites it has selected, the Business Post can reveal.

Government report proposed €3m salary cap for bankers

A government-commissioned report into bankers’ pay recommended that crisis-era pay caps be lifted and senior executives be paid a maximum of almost €3 million per year in total compensation, the Business Post can reveal.

Ryan planning to introduce ‘bus gates’ to speed up move to public transport

Eamon Ryan, the Minister for the Environment, is planning to speed up the introduction of bus-only sections on public roads in an attempt to force more drivers out of their cars.

Soaring building prices pushes up cost of state nursing home contract by €100m

The cost of a new state nursing home contract has soared by €100 million to €670 million in the space of four years, it has emerged.

‘I could point you to communities where Sinn Féin works hand in glove with gardaí’ – Mary Lou McDonald

With Sinn Féin riding high in the polls, and facing the prospect of being in government after the next election, the party leader insists she has what it takes to be Taoiseach.