View this email in your browser THE IRISH TIMES Business Today Friday, 12 June, 2026 Editor's Note Good morning, reader The European Central Bank, as expected, increased interest rates by a quarter of a percentage point. Markets took the move in their stride, although mortgage holders are likely to feel the pinch. Joe Brennan reports on the move, and more importantly perhaps, what happens next. Conor Pope meanwhile looks at what consumers can expect as a result of today’s move. Government measures to help households cope with the surge in energy prices benefit those on higher incomes almost twice as much as those on lower incomes, according to a new report from the Economic and Social Research Institute. Colin Gleeson has the details. Just a couple of years ago Intel was the sick man of the US tech industry, and there were real concerns about what impact the company’s troubles could have on its Irish operations. Now though Intel appears to be flying, and Leixlip, the home of its main Irish operation, seems to be on the up and up. Paul Colgan examines what happened. Continue Reading Peter Flanagan   TOP BUSINESS STORIES Markets Stocks rally and oil hits two-month low on Gulf breakthrough hopes Business Ardale strikes deal to sell Wicklow site guiding at €22.5m to Cairn Homes Business Higher-income Irish households benefit twice as much from fuel supports, ESRI finds Business What Intel’s remarkable comeback means for Ireland Inc - and Leixlip Business Entrepreneur Emma Maye: ‘We’re finding Ireland a bit difficult. England just seems easier to work in’ Martin Wolf A ‘big bang’ reversal of Brexit is unrealistic and unnecessary MORE BUSINESS STORIES Business Markets climb even as US and Iran exchange fire Business ECB raises rates for first time since 2023 as Iran war stokes inflation   Business US tariffs may hit employment here by 3%, Government analysis warns Business Berlusconi children succeed in Dublin court application tied to Italian bank 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