Last week the high-end Dublin restaurant Luna closed after four years in business and just days after winning the Restaurant Association of Ireland’s best customer service award. The closure prompted some of the city’s leading restaurateurs to express concern about how development in the city is being managed, with accusations that things have got out of hand. Are there too many restaurants in Dublin? With already tight margins, has the increased VAT rate pushed the cost of doing business too high? Cliff Taylor is joined by Dublin restaurateur Elaine Murphy, DIT lecturer in culinary arts Dr Máirtín Mac Con Iomaire, and Irish Times consumer affairs correspondent Conor Pope to discuss. Also this week: Feargal O’Rourke, managing partner of PwC in Ireland, on the global focus on corporate tax and what that means for Ireland.Plus: Peter Hamilton’s roundup of the week’s other news including record-breaking employment figures and the collapse of British Steel.

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