Business podcast: Those astounding ‘leprechaun economics’ GDP figures

We look at Pokem Go and is it time to take a punt on Bank of Ireland?

Pokemon Go players are boosting Nintendo’s profits
Pokemon Go players are boosting Nintendo’s profits

In part one of this week’s business podcast: news that Irish GDP grew by 26 per cent in 2015 has been greeted with derision in some quarters, with economist Paul Krugman labelling itleprechaun cconomic. Even Taoiseach Enda Kenny has said it is not true. So what is going on?

Eoin Burke-Kennedy identifies four dynamics under our economic hood contributing to the staggering 26 per cent figure, while Cliff Taylor points out the downsides for Irish policymakers and the big problem with calculating GDP in our small, open economy.

Markets Correspondent Joe Brennan is also in studio with news about Irish company results and the impact of Brexit on building and banks. Is it time to take a punt on Bank of Ireland?

In part two we continue the virtual reality theme, taking a look at Nintendo's Pokémon Go game. Its popularity is delighting Nintendo shareholders this week, but what about players? Tech reporter Ciara O'Brien explains the gameplay to a bemused Ciarán Hancock, while consumer affairs guru Conor Pope is somewhat less than impressed after spending the afternoon chasing Pokémon around Dublin city centre.