Business Today: Electric Ireland fraud alert, Aryzta row and meet Meta’s Irish boss

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We start the day with a concerning story from Electric Ireland, which has written to some 8,000 customers to inform them that an employee apparently earnedto their accounts. Unlike other breaches companies are often involved in, this appears to have been deliberate rather than a simple error and the Gardai are now involved. Ellen O’Regan reports.sooner rather than later, you may have to keep waiting for a while yet.

Joe also reports on a row at the top of a company that has seen its share of disputes in recent years. Two directors at Cuisine de France owner Aryzta, including its leading Irish director Gordon Hardie, haveand discusses the Facebook owner’s waves of job cuts, how it deals with the Data Protection Commission and what it is doing to stop disinformation on its various platforms.

Inflation has been a huge issue for us all in recent years, and still remains well above central bankers 2 per cent target rate. Now, Barry O’Halloran reports that a slew ofdevelopments awarded in 2020, just before inflation started to increase, may be shelved as they are no longer economically viable.. Ellen reports on a surge in the value of such loans, as buyers flock to electric vehicles and more expensive cars overall.

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