Diageo’s €200m carbon-neutral brewery, Medtronic’s new jobs and the coming economic shock

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Diageo plans to brew all its ales and lagers, including Hop House 13, at its new carbon-neutral brewery in Co Kildare.at a greenfield site in Newbridge, Co Kildare. Kevin O’Sullivan reports on the planned Littleconnell development, which will use 100 per cent renewable energy to brew all of Diageo’s lagers and beers.at a global centre of excellence in Galway. Dominic Coyle has that story, explaining that the new jobs are part of a $30 million investment in its business.

In our Agenda long read, Joe Brennan parses a long-awaited Bill aimed at giving the Central bank powers it has been seeking toIrish households are facing into theamid another significant jump in the official inflation rate. Figures from the Central Statistics Office show consumer prices here rose by an average of 9.1 per cent in the 12 months to June – the fastest rate of price growth seen in the Irish economy since 1984 – and up from 7.8 per cent in the year to May. Eoin Burke-Kennedy has more.

Europe is facing an economic shock which may feel like the post-2008 crash but will be a very different animal, arguesin his weekly economics column. He says all euro zone states will be hit this time, not just the heavily indebted ones, a fact that will help to avoid a “blame game”. Furthermore, he writes, the states that were previously weighed down by their obligations are in better shape this time, while the ECB is wiser than it was a decade ago.

With every shop and food outlet seeming to be in a search for staff at the moment, one recruiter reckons to fill the gaps. Kieran McKeown, managing director of Matrix Recruitment, explains his vision to Olive Keogh., often facilitated by game-like apps. The rise of crypto and the enforced boredom of pandemic lockdowns drew new participants into the area, leading to increasingly blurred lines between gambling and investing, she writes.for June, an award run in association with Bank of Ireland.

 

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