Out Of Office

Out of Office: Climate, priorities and finance updates

The Business Post gets you up to date with the big stories of the day

Luke Byrne
April 22, 2024

Welcome to the Business Post’s Out of Office, your round-up of the day’s business, tech, markets, legal and politics news.

The ubiquitous topic of ESG was prominent today as new data revealed the number of green job postings online has almost doubled in five years, while the demand for such jobs has fallen.

Ellie Donnelly spoke to the director of public affairs and sustainability at Stena AB, who backed the polluter pays model and the inevitability of 100 per cent electric ships.

But Sinn Féin climate spokesperson Lynn Boylan has said climate action is not a priority for the party’s voters.

There was also plenty from the world of banking and finance. Kathleen Gallagher revealed the Central Bank is seeking powers to wind up e-money firms. Eoin O’Hare reported on how the number of mergers and acquisitions deals in Ireland increased 14 per cent at the beginning of 2024.

Ellie Donnelly had the details after Technology Minerals has agreed to sell its Leinster Lithium Project for $10 million.

The AIB Group announced a 50 per cent increase to mortgage switcher payment with customer who move mortgages there, or those already in the pipeline, to be paid €3,000.

And Ireland will further cement its leading position in Europe’s exchange traded fund (ETF) industry as new US providers are expected to set up a base in the country.

Nathanaël Benjamin executive director of financial stability strategy and risk at the Bank of England, has been warning of the risks inherent in the interconnected world of private equity, while the ECB’s Francois Villeroy de Galhau said uncertainty wont delay monetary easing.

Moving to the political world, Daniel Murray revealed broadcaster Niall Boylan will contest Dublin seat in EU elections. Nansi Palosi was in town, where she expressed her excitement over a united Ireland, but was careful to add this was up to the Irish people.

Tánaiste Micheál Martin said Ireland backed “a broad range” of sanctions that target key people in Iran.

Thanks for reading.