Monday, April 20, 2015

Government considering plans to tax banks if they refuse to cut variable mortgage rates

The Government are considering plans to impose higher levies and taxes on banks if they refuse to cut variable mortgage rates, Tánaiste Joan Burton has warned. Health Minister Leo Varadkar also strongly hinted the Government will have to act if the banks do not move to ease rates for an estimated 300,000 borrowers, whose repayments…

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