Joe Lynam

Breakfast Business with Enterprise Ireland on Newstalk.

Breakfast Business with Enterprise Ireland on Newstalk.

Good morning and welcome to Breakfast Business and thank you to Barry White.

It is Wednesday, the 8th of October at 6.32, coming up on today's post-budget special show.

We'll be broadcasting live from PwC, overlooking the Liffey and the Docklands, with a deeper analysis of what the budget means for companies and consumers.

We'll also have all the markets as usual.

You can email us, business at newstalk.com.

But first, let's have a look at the main non-budget business stories in the newspapers and websites.

Gordon Deegan in the Irish Examiner reports that revenues at Sharon Horgan's TV and movie production firm Merman Television last year generated €26.7 million in revenues due to the global success of hits such as Bad Sisters.

According to new consolidated accounts for Miss Horgan's Merman Television Ltd, they show that the group's post-tax profits fell from €446

Euro to €191,000 last year.

On the back of Ms.

Horgan's writing, the London-based production firm's business has grown exponentially due to the worldwide success of the critically acclaimed Divorce, Motherland, Catastrophe and Bad Sisters, Series 2 of Bad Sisters as well, which premiered on Apple Plus in November last year.

Revenues at the business last year declined 12% to €30.2 million.

The FT reports that Nick Staronsky, Revolut's billionaire co-founder, has officially changed his residency from the UK to the United Arab Emirates, according to filings.

The changes were posted on the UK's official corporate registry yesterday as the update to Staronsky's family company information.

The official change of residence for Staronsky, who remains the largest shareholder in Revolut, as well as its chief executive,

comes at a key moment for Europe's most valuable financial technology company, which is awaiting a fully-fledged banking licence from the UK regulators and is also mulling where it might publicly list its shares.

Politico reports that the European Union's rules on artificial intelligence are driving tech workers and companies to Silicon Valley, a top executive from the Dutch chip-making ASML giant has said.

Why is it so difficult to get AI done in Europe?