Friday 24 November 2017

Just call it a tax

• AIB, a state-owned bank, is raising its variable mortgage interest rate by 0.5pc. This announcement must be seen alongside Permanent TSB's extortionate rate, also a state-owned bank.

This Government has decided to increase the pressure on AIB mortgage payers, rather than ease the pain on the long-suffering PTSB customers. The Government has decided to close the gap in a vain attempt to disguise the extortion of PTSB.

Shame on the Government -- pressurising AIB customers, ignoring PTSB customers, and lining the pockets of both banks which were bailed out by their customers.

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