Bank balance?

Sir, – I note that the Bank of Ireland is slashing its deposit rates for certain accounts. This comes hard on the heels of the increase in Richie Boucher’s already unacceptable salary (Home News, April 24th). So, those who are struggling to put by a little for future needs are helping to fund this increase. Furthermore, they are being invited to close their accounts if they cannot stomach this rate change – provided they can repay any debts still owing. What sort of blatant exploitation is this? – Yours, etc,

DORENE GROOCOCK,

Lower Kilmacud Road,

Goatstown,

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Dublin 14.