Ms Francesca McDonagh:

We have talked in the committee about the inflation in property prices both in purchasing and renting. I am very aware of current and previous living wage discussions. The living wage is €11.70. We do not have any employee working below that rate at Bank of Ireland. I am very mindful of it. I will clarify and come back to the committee on whether we have a stated policy. I do not have one to hand. I have verified that we do not have anyone earning below the living wage working as an employee of Bank of Ireland.