Bank rates and heating bills both facing hikes

A double consumer price blow is on the cards this autumn as the prices of banking and home heating are set to rise.

Bank rates and heating bills both facing hikes
Sat, 28 Jul, 2012 - 01:00
John Walsh and Stephen Rogers

Yesterday both AIB and Bord Gáis announced their intention to hike charges.

AIB will increase the standard variable rate (SVR) on its mortgages by 0.5%. Market analysts have predicted further increases.

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