Sir, – Robert Whelan’s article “Banks need to pass on rate hikes to savers as well as borrowers” (Business, Opinion, July 31st) is just so relevant at this time.
There must be an awareness in Dáil Éireann that this will be a vital element as the next general election approaches. – Yours, etc,
ROBERT SHARPE,
Cootehill,
‘It doesn’t have to be them or us’: Teachers behind new book of refugees’ stories want to challenge stereotypes
Ed Sheeran and Mary Robinson are right. It’s time to bin Band Aid
Podcast giant Joe Rogan may have played key role in US elections
Mark Ella was ‘the fulcrum ... the genius’ of Australia’s trailblazing tour of 1984
Co Cavan.
Sir, – It’s time people rose up and let the banks know how frustrating it is to see our adult children being hammered by interest hikes while those of us with any money in the bank are effectively losing money due to inflation, bank charges, etc, all while the banks are posting record profits. – Yours, etc,
LINDA SPAIN,
Rathfarnham,
Dublin 14.
Sir, – I refer to Robert Whelan’s excellent article in The Irish Times regarding how Irish banks are disgracefully not paying savers their due.
Swedish banks are paying, at present, up to 3 per cent for savers in euro. They offer 4.5 per cent for US dollars and 4 per cent for Swedish kronors.
Most European countries, except Ireland, are paying savers a decent interest rate on savings or deposit accounts.
Should Irish people perhaps consider moving their euro savings to another EU country that would treat them fairly? – Yours, etc,
MARGARET SHEERAN,
Gothenburg,
Sweden.