Oireachtas Joint and Select Committees

Wednesday, 4 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Financial Sector: Discussion with Ulster Bank

4:25 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

Apologies. Mr. Brown is on record as having said the Government should continue with the troika's austerity programme. It was put to him that there is a big contradiction between that and the sustainability of people being able to make their mortgage repayments. Regardless of what he might have said in the past, not only for those currently in mortgage distress who are trying to move to a sustainable position, but also for many of the 80% who are put to the pin of their collar to make their payments, should Mr. Brown not change his view and urge the Government not to do anything in the budget that would impact negatively on the incomes of ordinary people in terms of social welfare cuts, income cuts or increased taxes on people who could be in mortgage distress?

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