The bank deposit guarantee scheme is a financial safety net designed to protect depositors' funds in the event of a bank failure. It ensures that depositors have access to a certain amount of their deposits, even if the bank becomes insolvent or unable to meet its financial obligations. This protection is provided by government-backed agencies, which vary by country or region.

We took some time out to sit down with NKC founder Neville Kavanagh. A veteran in the business world. Neville is a fountain of knowledge, having weathered the storms of entrepreneurship and navigated the ever-changing tides of not just our own industry, but those of our clients too.

The Markets Insider circular in the provided link offers valuable insights, making it abundantly clear that we can expect more banks to fail in the near future. President Joe Biden was swift in addressing the issue, emphasizing that there would be no bailout and that taxpayers' money would not be put at risk during this crisis.

The recent news of the sudden collapse of the prominent Silicon Valley Bank has caused a great deal of concern among financial experts and the general public alike, leading to growing fears of a financial contagion that could potentially spread to other regions and countries.

Is London still a financial centre for stock listings and world finance? Since Brexit is the reality, that the focus is shifting to New York and other markets? – How does this impact Irish businesses attempting to list/raise finance?

A very interesting week ahead as Ireland’s economic outlook remains subject to uncertainty due to trade developments related to the implementation of the Protocol on Ireland/Northern Ireland. Furthermore, the performance of multinational corporations could swing growth in either direction.

Interesting from the Financial Times last Friday regarding the outlook on the cost of energy and the impact of the conflict in Ukraine.