Corporation taxes jumped fourfold in July compared to the same month last year even as the Government grows increasingly concerned about the multinational companies driving those revenues. Meanwhile, writes Eoin Burke-Kennedy, VAT receipts proved more modest than expected raising concerns about consumer spending.

Apple agreed to spend another $100 billion on expanding its US manufacturing footprint as US President Donald Trump said he would impose a 100 per cent tariff on imports that include semiconductors, though would exempt companies moving production back to the United States. It comes as the 15 per cent tariff on US imports from the European Union kick in today.

Meanwhile, as President Trump returns to the notion of supertariffs of the pharma sector, Eoin Burke-Kennedy examines what the latest pharma threats mean for Ireland?