Noonan asked for Anglo pay cut in April

Bosses at the former Anglo Irish Bank refused Government calls to take a pay cut earlier this year, Finance Minister Michael Noonan has revealed.

Noonan asked for Anglo pay cut in April
Fri, 09 Nov, 2012 - 00:00
Shaun Connolly and John Walsh

The board of what is now Irish Bank Resolution Corporation rejected the plea to cut senior staff wages by 15% last April.

The finance minister urged the nationalised bank’s chief, Alan Dukes, to bring pay levels down in line with salary cuts imposed in the public service.

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