Retail and hospitality in the firing line as Irish insolvencies ramp up
Description
According to PwC’s quarterly insolvency barometer, the retail sector now accounts for one in four of all insolvencies so far this year. Hospitality is also being adversely affected with smaller operators more likely to fail.
Inside Business host Ciarán Hancock is joined by Ken Tyrrell, business recovery partner at PwC Ireland, to go through their research and get a handle on how many more insolvencies are potentially in the pipeline as we head towards 2025.
Also on this week’s episode, Irish Times Work Correspondent Emmet Malone talks us through two industrial disputes affecting some big-name multinationals here with members of trade union Connect deferring a 24-hour work stoppage at a Meta data centre in Clonee on Monday. And separately, Unite trade union has warned of more pickets being placed on selected large construction sites around the country after strikes at an Intel site in Kildare.
Produced by John Casey with JJ Vernon on sound.
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