View this email in your browser Business Today Friday, 16 October, 2026 Editor's Note Good morning, reader Dublin City Council has barred the owners of a new restaurant being planned for Ulster Bank’s former O’Connell Street branch from operating any takeaway food service. The pushback, Killian Woods reports, comes as a slew of new US takeaway brands, including Popeyes, Wingstop, Dave’s Hot Chicken, Wendy’s and Taco Bell, are expanding into the Irish market. How much do you need to join the rarefied air of Ireland’s 1 per cent? Around €123,000, according to new research from a Berlin-based data firm. Eoin Burke-Kennedy reports that the Republic also has the EU’s third-largest share of earners in the top 1 per cent across the bloc. Relatedly, soaring stock markets and asset prices are making Ireland’s - and the world’s - rich even richer. Why is it, then, that most countries are yet to introduce a wealth tax? Cliff Taylor ponders the thorny policy questions facing Irish politicians in the face of an explosion in household wealth. Continue Reading Ian Curran   TOP BUSINESS STORIES Business Revenue looks to reduce postal costs and transition to ‘digital-first’ communications Business Plan for O’Connell Street restaurant approved, but it is banned from serving takeaways Business To get into Ireland’s top 1%, you’ll need €123,000 in disposable income Business Bank of America CEO: ‘The good news is that the US consumer is still spending strongly’ Business Johnny Sexton to advise Johnstown Collection on ‘culture’ during €40m investment Eoin Burke-Kennedy The CSO, MyHome or Daft: who’s right on house prices? MORE BUSINESS STORIES Markets Global stocks edge lower as AI and rate fears hit tech Economy Legal profession ‘got away scot-free’ from reforms in wake of 2008 crash Business GAA+ reports 25% surge in profits in the year before RTÉ sold its stake Business Ireland sells 10-year bonds at highest rate since it emerged from bailout 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