View this email in your browser Business Today Tuesday, 04 August, 2026 Editor's Note Good morning, reader Michael Fingleton, the man who built Irish Nationwide into a key industry player over nearly 40 years before seeing it collapse in the financial crisis has died at the age of 88. Joe Brennan and Barry O’Halloran report. A big retailer must repay €8.87 million to the Revenue Commissioners after wrongly claiming wage subsidy payments for its staff during the Covid-19 pandemic. Gordon Deegan has the details. A coalition of 25 US states sued Donald Trump’s administration on Monday over new tariffs pegged at 10 per cent to 12.5 per cent on goods from 60 trading partners, calling these a pretext for replacing import taxes struck down by the United States supreme court in February. Continue Reading Dominic Coyle   TOP BUSINESS STORIES Business Death of Michael Fingleton closes door on dark era for Irish banking Economy Employment growth hits four-year high in Irish manufacturing Economy Poor productivity in Ireland’s domestic business threatens to hold economy back Economy US states sue Trump administration over fresh tariffs on 59 countries and EU Markets Markets start August on a high with big pharma merger talks grabbing the headlines John FitzGerald Government sums leave little scope for tax cuts in Budget 2027 MORE BUSINESS STORIES Business Retailer must repay €8.87m in Covid wage supports after losing Revenue challenge Farming & Food Profits slump at Queally family-owned meat processor, Arrow Group Financial Services Former Irish Nationwide chief Michael Fingleton dies at 88 Business Institute of Education profits triple following €130m takeover Do you have questions about becoming an Irish Times subscriber, or about your subscription? You'll find handy guides in our FAQs, and you can manage many aspects of your subscription in the My Account section. Never miss a business story Subscribe now for just €1 for your first month SUBSCRIBE