BANK OF IRELAND and ICS Building society are to increase their mortgage rates. BOI will increase its variable rate by 0.45% and ICS by 0.6%. BOI says it has no further plans to increase its rates this year unless the ECB increases rates. The move follows Permanent TSB’s July rate hike.
# BOI - Friday 9 December, 2011
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BANK OF IRELAND is to cut 750 people from its staff, RTÉ reports. BOI says the cuts will be made over the next two years on a voluntary basis and will happen at its branches across the UK and Ireland. The bank received EU approval for its restructuring plan yesterday.
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Poll: Do you subscribe to the idea of a Lenten sacrifice?
TODAY IS ASH Wednesday, which marks the start of the 40-day Lenten period. Once upon a time, in predominately Catholic Ireland, the tradition of “giving up” some luxury or indulgence from now until Easter Sunday was strictly observed.
Is that a tradition you still adhere to? Will you still be ‘giving up’ something for the 40 days of Lent?
Poll Results:
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Wednesday
Cloudy, showers, mild; windy in the p.m.
Max: 15 °C
Min: 10 °C
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Thursday
Times of clouds and sun
Max: 14 °C
Min: 7 °C
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Friday
Partly sunny
Max: 10 °C
Min: 3 °C
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