Irish banking charges cheaper than Britain

A SURVEY of business banking charges claims Irish business charges are cheaper than those in Britain.

The survey, conducted on behalf of the Irish Bankers' Federation (IBF), found in 17 out of 20 charges measured, Irish businesses paid less than those in Britain.

The figures were dismissed by the Irish Small and Medium Enterprises association (ISME) as a "PR stunt". The main focus for businesses was interest rates, which ISME chief executive Mark Fielding said were higher in Ireland.