Taoiseach and Tánaiste hit out at banks for failing to cut mortgage interest

The Taoiseach and Tánaiste have borth criticised Bank of Ireland and Ulster Bank for failing to pass on low interest rates to their mortgage customers.

The Taoiseach and Tánaiste have both criticised Bank of Ireland and Ulster Bank for failing to pass on low interest rates to their mortgage customers.

Enda Kenny said the lenders’ stances on the matter is not acceptable, while Joan Burton said banks were not being "grateful" for taxpayers' contributions.