Register here for the Bloomberg Ireland Economic Summit

On behalf of Bloomberg, and in partnership with The London Irish Business Society, we are delighted to invite LIBS members to attend the first Bloomberg Ireland Economic Summit on May 16, 2012 at the Gibson Hotel, Dublin.

The Bloomberg Ireland Economic Summit will explore an economy that continues to weather turbulent times. Ireland, a European Union member since 1973, is on the eve of an important referendum on the European fiscal treaty to be held on May 31. This EU pact introduces strict deficit rules and spending restrictions for governments. Will Ireland end up being the test case for recovery in Europe?

Click here to register for this event

Recent Events: The Eurozone – Friend or Foe

Is Ireland Europe’s Problem or is Europe Ireland’s Problem?

On Thursday, the 1st of March the London Irish Business Society hosted a lively debate on Ireland’s future relationship with the European Union. With the EU’s increasing influence over the affairs of its member states, questions continue to be raised about the merits of centralisation of certain sovereign powers to Brussels.

With it’s esteemed panel, the London Irish Business Society examined Ireland’s relationship with Europe and questioned if Europe will continue to prosper, or if small nations such as Ireland will decide to maintain certain power.

The Panel included: RTE Commentator & Economist, George Lee; FT Journalist, Vincent Boland; and Stephen Donnelly T.D. for Wicklow & East Carlow.

The evening was moderated by: Joe Lynam, BBC Correspondent.

Registration

October 13th, 2011 – Mr Peter Sutherland, Chairman and Managing Director of Goldman Sachs International

On Thursday October 13th, The London Irish Business Society (LIBS) welcomed one of Ireland’s most respected business leaders,Peter Sutherland.

Having began his career as a barrister, he went on to become the youngest ever Attorney General of Ireland at the age of 34. In 1985, he became the European Commissioner responsible for Competition Policy before taking roles as the Chairman of Allied Irish Banks (1989-1993) and Director-General of the World Trade Organization, (1993-1995).

Amongst others, his current roles include Honorary Chairman of the Trilateral Commission and Non-Executive Chairman of Goldman Sachs International. If you have any queries relating to the event, please contact us.

September 15th 2011 – Irish Business Leaders: Mr. Willie Walsh, CEO International Airline Group

On Thursday September 15th, The London Irish Business Society (LIBS) welcomed one of Ireland’s most respected executives, Willie Walsh, CEO of International Airline Group.

After joining Aer Lingus in 1979 as a young cadet, he went on transform the former state airline into a profitable and highly competitive business. In 2005, he was put at the helm of British Airways, where his revered negotiating skills were tested by one of Europe’s largest airline trade unions. After the successful merger of British Airways and Iberia, Willie Walsh is now the CEO of Europe’s second largest airline group, by market cap, where he continues to successfully guide the airline through one of the industry’s toughest eras.

The event was hosted in Henrietta House, London

May 31st 2011 – Ireland & The International Bond Markets

On May 31st, The London Irish Business Society (LIBS) hosted an insightful discussion on how the Irish Sovereign is currently perceived by the international financial community. With Irish bond yields remaining unsustainably high, our esteemed panel discussed how Ireland would cope in the face of mounting sovereign debt, subdued investor appetite and deepening Peripheral-Euro zone instability? With the many misconceptions of Ireland’s current situations, this evening aimed to take a detailed look at Ireland’s Sovereign Debt woes through the eyes of the International debt markets. To achieve this, the London Irish Business Society gathered a panel of experts from a wide range of backgronds. The panel on the evening was chaired by Mark Hennessy, London Editor of the Irish Times.

Our esteemed panel included

  • Mr. Frank Gill – Senior Director, Standard and Poor’
  • Mr. Harvinder Sian – European Rates Strategist, RBS
  • Mr. Conor Hennebry – Director, Debt Capital Markets Europe, Deutsche Bank

February 24th 2011: Irish Embassy – Turning Crisis Into Opportunity

On the 24th of February 2011 in conjunction with the Embassy of Ireland (London), The London Irish Business Society invited members to in a discussion engage with some of Ireland’s most insightful business minds. Over 150 Irish Professionals from a range of industries attended to ensure a full house on a very successful and informative evening on the eve of arguably the most important election since the formation of the State

February 2010 – An Exploration of the potential impact of NAMA

On the 18th of February 2010, The London Irish Business Society hosted its inaugral event with an “Exploration of the potential impact of NAMA” on Irish business and the political environment. With the forthcoming implementation of NAMA, many questions have been left unanswered. The London Irish Business Society’s panel sought to examine these issues and discuss Ireland’s ability to adapt to these changes. Hosted at the BT headquarters at St. Paul’s, the panel included: Fine Gael Leader, Enda Kenny TD; CEO of BT Conferencing, Aaron McCormack; Former Merrill Lynch MD, Chris McGale; Ernst & Young partner Cormac Murphy and property expert Eamon D’Arcy. The event attracted significant press coverage with interest from the Financial Times, the Irish Times and the Irish Independent.

The National Asset management agency, which is due to take on up to €77 billion of property loans, will dominate the political and economical setting for the coming years. In tandem with his emergency budget announcement on 7 April 2009, the Minister for Finance announced his intention to create NAMA. Draft legislation to give effect to NAMA was published on 31 July 2009. While a number of amendments were subsequently made, the broad operating model remained unchanged. The National Treasury Management Agency (NTMA) has already mobilised NAMA from an operational perspective and a small executive team, board and a number of external advisors have now been appointed. To address the economic problems, AIB and Bank of Ireland have committed to increase lending capacity to small and medium enterprises by 10% and to first time home buyers by 30% in 2009. Each bank is establishing a €100m environmental and clean energy innovation fund. Statutory codes of conduct on mortgage arrears and business lending have also been agreed along with commitments relating to basic bank accounts, customer communication and education, credit to suppliers for major projects, venture capital funding and prompt payment.