View this email in your browser Business Today Wednesday, 15 July, 2026 Editor's Note Good morning, reader UK digital banking group Monzo’s European hub in Dublin racked up almost €29 million of losses in a little over a year and a half before officially launching in the Republic in April with a range of current and savings accounts. Joe Brennan has the details. The Health Service Executive is understood to be closing in on the purchase for about €40 million of some land beside St Vincent’s hospital in Dublin 4. In our Money Matters feature, Joanne Hunt examines how the rules around tax inheritance are less favourable for child-free couples. Continue Reading Ciarán Hancock   TOP BUSINESS STORIES Business Stripe, Advent offer $53bn for PayPal, sources say Business Oil prices rise as Trump threatens further strikes on Iran Business US-Iran war ‘adds €23 a month to bills for home heating oil’ Business Monzo Europe racks up €29m of set-up losses ahead of Irish launch last April Business TCD launches EU-wide project aiming to boost public confidence in drone services John McManus Jack Chambers wants civil servants to take risks – but who will take responsibility? MORE BUSINESS STORIES Business Sales manager who was told taking parental leave might see him with no job wins €51,000 at WRC Business Major US banks report sharp rise in profits Business DCC founder calls for ‘CRH-like’ independent ambition as board nears sale deal Business Regulators to cut Dublin Airport charges 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