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Archived edition · August 08, 2026 Today's news →

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Budget 🏦

Banking Legacy, Budget Outlook, and Consumer Costs

The nation is reflecting on the legacy of former Irish Nationwide chief Michael Fingleton, who has passed away, bringing renewed focus to his role in the country's banking collapse. Meanwhile, attention is turning to emerging details of Budget 2027, with potential income tax cuts and changes to childcare and inheritance tax on the horizon.

Consumers are facing new financial pressures, with festival-goers experiencing soaring food prices attributed to event organiser demands, and major retailers lobbying against a proposed 20-cent tax on takeaway coffee cups. Separately, a new report highlights that data centres consumed nearly a billion litres of water last year, while the healthcare system continues to grapple with significant waiting lists, including over 960 women awaiting endometriosis care.

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Former Banking Chief Fingleton Dies, Legacy Under Scrutiny

Michael Fingleton, the former chief executive of Irish Nationwide Building Society, has died. His passing has prompted a re-examination of his controversial legacy and his role in Ireland's financial collapse and the subsequent failures in banking oversight.

Budget 2027 Details Emerge Amid Lobbying Against Coffee Cup Tax

Early details are emerging regarding Ireland's upcoming Budget 2027, including potential income tax cuts and adjustments to childcare and inheritance tax. This comes as major coffee retailers and forecourt operators are actively lobbying against a proposed 20-cent tax on disposable takeaway coffee cups.

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