McDonald's, Nando's, Subway and Supermac's have all made the decision to close their restaurants during the coronavirus outbreak.
McDonald's and Supermac's are two of the biggest purchasers of Irish beef, and their closures will have a huge impact on the sector.
Ian Guider, markets editor of The Business Post, brought us this story and more in our daily business update, including:
- Bank of Ireland to close more than 100 of its branches
- AIB postpones plans for maintenance and transaction fees
- Taoiseach says Apple tax money can't be used to fight COVID-19
- Stock markets in United States fall again
Listen to the interview in full by pressing the play button on this page.