Tom McEnaney

And over in the Irish Times, its business section leads with a follow-up on its lead story from yesterday, in which Martin Wall revealed that Bus Erin is reviewing many

of its commercial bus routes between major towns and cities.

This morning, he informs us that external consultants advised the company would take a €20 million hit if the routes in question are not changed, which suggests BusAaron has been subsidising – my words, my thoughts, not his – suggests that BusAaron has been subsidising these loss-making routes to the tune of €20 million in order to compete with the private sector.

The lead story in the Financial Times this morning is that Democrats who crossed party lines to vote with Republicans to back a deal to reopen the US government faced a backlash yesterday as President Donald Trump closed in on ending a federal shutdown that has badly damaged the American economy.

We look at that market reaction to the possible ending of the shutdown later in the programme.

Good morning and welcome to Breakfast Business with me, Tom McEnany, standing in for Joel Lynham.

Later in the show, we'll talk to VHI about workplace well-being and the Managing Director of Circle K Ireland will tell us about its new fast charging network.

We'll also have the latest from the Irish and international markets.

But first, let's have a look at the papers.

Tax receipts and government spending both increased in the first 10 months of this year.

That's the lead story in the business supplement of the Irish Independent.

Quoting from the latest Exchequer figures, John Burns tells us that the tax take to the end of October stood at 78.8 billion euros, up from 2.4 billion euros or 3.2% on the same period last year.

Excluding the infamous once-off or one-off Apple windfall, the tax receipts of 77 billion euros were still 5.3% ahead of last year by 3.8 billion euros.

Mr Burns was busy yesterday inside the same supplement.

He informs us that the Irish Museum of Modern Art, or IMMA to its friends, is having a tough time of late.

Inflation, the gallery says, is presenting a risk to its ability to finance its ongoing programme of exhibitions.

Emma's fortunes are not helped by a €400,000 reduction in its government grant and a slight fall in sponsorship revenue.

Over in the Irish Times, the lead business story is that a Supreme Court judge has sharply criticised Bank of Ireland in a controversial mortgage case.

Ms Justice Elizabeth Dunn said that she was not happy, to put it mildly, and branded it as bizarre that the bank had not told the court

that it had sold the mortgage at the centre of the debt judgment case to Pepper Finance.