Let's cut to the chase: the banks need to cut their staffs' wages because they no longer work for the private sector. Bank staff are public sector workers in all but name and, therefore, they need to endure the same pain as every nurse, teacher, civil servant and other state worker. This must happen.
This morning's news that AIB is going to increase the wages for their workers is an out and out scandal. It's indefensible. It's indecent. It's infuriating. It's immoral.