IBRC staff set to strike over redundancy

Staff at Irish Bank Resolution Corporation could begin industrial action within days unless they are given the redundancy terms which were on offer at the financial institution a little over a year ago.

Action would see the workers withdraw co-operation with the preparations for the disposal of the remaining IBRC loans.

Just over 100 staff, who are members of finance union IBOA, backed action unless they are given four weeks’ pay per year of service.