Banks deny Brinks row cash claims

THE major banks and the Irish Payment Services Organisation (IPSO) yesterday denied that some bank vaults were overflowing with cash because of the Brinks Allied strike.

Talks were continuing last night to break the deadlock in the strike which entered its second week yesterday.

A Bank of Ireland spokesperson said the claims that bank vaults were bulging with cash was not an issue with them. They were managing in terms of recycling money and were disappointed by “scaremongering” at the weekend.