Consumer sentiment declined in August, bringing an end to a three-month rise, according to the latest index from KBC Bank.

The decline is being attributed to COVID-19 pessimism following a spike in cases and the announcement of new restrictions.

Ian Guider, markets editor of the Business Post, brought us this story and all the day's other business news, including:

• RTÉ forecasts loss of €36 million for 2020
• Wetherspoons expects to make a loss this year as sales have fallen since reopening