Breakfast Business with Joe Lynam

The European airplane-maker Airbus came from nothing 50 or so years ago to having 55% of the global commercial aircraft market with a massive backlog of orders. It manufactures its planes all over Europe and even makes wings for the 220 range in Belfast these days. Joining Joe this morning was Antonio Da Costa, the Vice President for Market analysis for Airbus.

For the first time in years the government looks as if it’s going to seriously look at the high rates of capital gains tax by international standards. One group of people who would welcome that would be the startup or scale up sector which currently has to pay 33% in tax if they sell their business. Joe spoke to Martina Fitzgerald is the Chief Executive of Scale Ireland.

Monday's business news review with Joe Lynam and Russ Mould from AJ Bell.

We know more about what the proposed Person Investment Accounts might look like when announced next month in the budget. No minimum investment amounts and the old ‘deemed disposal’ tax rate might be abolished. But what will it mean for the pensions industry which makes their money by persuading us to give our money to them for a long term growth in their pots?
To discuss further along with Joe was Noel Freeley the Chief Executive of Royal London Ireland.

The circular economy is where used materials are given a second life to avoid merely being thrown out. Currently only 11% of products get refurbished or components reused. The Commission wants to increase that to 30% in its proposed Circular Economy Act.
Joe met with Jessika Roswall the EU Commissioner for the Environment, Water Resilience and a Competitive Circular Economy.