Banks’ behaviour breaks spirit of arrears pact

By Business Editor David Murphy Stuffed with taxpayers’ money, comforted by a stabilising economy and buoyed by signs of life in the property market, the bankers are regaining their swagger. That change in attitude manifests itself in their behaviour towards people in arrears. It is now clear the bankers have broken the spirit of an agreement with the Central Bank. That pact was aimed at securing lasting solutions for people suffering with mortgages they cannot pay and homes they cannot …