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Calm after the storm for UK markets / Used-car prices on the rise
Publisher |
The Irish Times
Media Type |
audio
Podknife tags |
Business
Economics
Ireland
Categories Via RSS |
Business
Publication Date |
Oct 26, 2022
Episode Duration |
00:27:00

Calm was finally restored within the UK markets this week, as Rishi Sunak took up his post as the new British Prime Minister. Aidan Donnelly, Associate Director at Davy Global Fund Management explains why the recent political chaos led to a market meltdown and why Sunak’s appointment has steadied the ship. 

Later on, Ciaran Hancock is joined by Graham Clarke, CEO of Kylemore Cars, Ireland’s largest independent second-hand car sales company. They discuss the used-car business, which continues to see the price of second-hand cars rise as a result of “three major bumps in the road affecting the supply chain”. 

Clarke also speaks about the new carbon-neutral showrooms in Ballymount, recently opened by Kylemore Cars following a €6m investment.


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