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Gilmore refuses to intervene in AIB rate increase

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Tánaiste Éamon Gilmore has rejected opposition calls for the Government to intervene in AIB’s decision to raise mortgage interest rates. AIB announced earlier this week that it was adding 0.4 percentage points to its standard variable mortgage rate, and raising variable rates at subsidiary EBS and its broker-led arm Haven by 0.25 percentage points. “The announcement by AIB that [...]

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