Front page story in both the Irish Independent and Irish Times today

From the Indo





From the Irish Times

Banks face growing pressure on home loan rates

And yesterday's Indo

That's three days a row now in the Indo.




It's also the lead story in the Examiner

Michael Noonan to shame banks into cuts on mortgage rates

Great coverage Brendan. Well done & keep up the good work. Also thanks to Charlie Weston of the Indo who has been doing items on the high SVR for ages.

Could not agree more. Fantastic work Brendan. Incredible coverage by Charlie Weston. You guys have really woken the masses up to the SVR issue.

Ciaran

I'm sure the 'masses' of people paying high SVRs don't require waking up.

I presume there is some form of quango dealing with consumer affairs?Where are they in all of this,haven't heard anything from them?
Excellent work from Brendan and Charlie Weston.

Well done to Brendan,Charlie and all involved.What is our next move?
March on Dail and/or fundraising?

Thanks lads. The Quango is the Competition and Consumer Protection Council, who have said that they are not going to do anything about it. They should have been featured in the IT cartoon today.

Brendan Burgess said:

Competition and Consumer Protection Council

Click to expand...

How are they fulfilling their obligations to the consumer,this is another glaring example of another unfit for any purpose quango,about as useful as Homebond or a chocolate teapot-
I find that infuriating that they can get away with that.

its a disgrace , the arrogance of the banks extends right down to local level , was in looking for a loan recently and when i received a quote for 5.74% , i commented that it was pretty high , the manager shot back that " i was the only one who she ever heard think this " , i replied that the bank was borrowing the money from the ECB at less than half of one %