View this email in your browser Business Today Wednesday, 02 September, 2026 Editor's Note Good morning, reader Higher energy costs drove euro zone inflation back above 3 per cent in August, paving the way for another European Central Bank rate hike next week, writes Eoin Burke-Kennedy. Shoppers in search of a bargain as the cost of living rises will be cheered by IKEA’s decision to cut prices of many popular items by 15 to 25 per cent across Europe, including in Ireland, as the flat-pack furniture retailer seeks to counter the cost of living crisis by taking a hit to its profits. But they are steering clear of Krispy Kreme, according to results just filed for last year that shows losses at the doughnut maker’s Irish business more than doubling to €3.07 million as sales have now fallen by 10 per cent over the past two years. Continue Reading Dominic Coyle   TOP BUSINESS STORIES Business Danny Buckley: ‘Her last words to me were a plea to please get help for my ADHD’ Business Office rents must hit record €80 per square foot to justify new building, says HWBC Work Burnout and longer working lives leading to career changes at later stage, says recruitment firm Business Fish Shack founder awarded €75,000 at Labour Court Business European stocks hit one-month low as inflation and rising yields exerts pressure on markets Robin Harding Europe looks old and broke to its lenders, but it’s not the only region with problems MORE BUSINESS STORIES Business Over one in four of all cars sold this year was an EV – Simi Business Ikea cuts Irish prices by up to 25% amid slumping consumer confidence Business Rules on drone use still a mystery to most people, IAA survey finds Business Bond sell-off accelerates globally as investors bet on interest rate hikes 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