Government must act on banks

I WAS appalled on Friday to receive a letter from my bank (Bank of Ireland) advising that my interest has risen by 0.5% to 4.75%.

This is one of the banks that — through a culture of corporate greed, incompetence, cronyism and ineptitude — has helped bring our country to its knees.

Now, not only am I forced to pay for what I see as a criminal act, with higher taxes and loss of services, I must pay a second time through unreasonably high interest rates.