Bank workers strike threat is 'out of step with reality' - IBEC

IBEC has criticised the bank workers' unions for their decisions to serve notice on the Bank of Ireland.

IBEC Director Brendan McGinty said: "The bank in its communications to staff has made it clear that earnings per share growth has been marginal and that the progress in achieving the growth trajectory set by the bank does not justify more than a 3% payment.