Ramped up bank levy and limited mortgage relief in Budget 2024 plan

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Ramped up bank levy and limited mortgage relief in Budget 2024 plan
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Ministers under pressure from backbenchers as banks set to make €5 billion in combined profits

Mortgage interest relief for homeowners in financial distress and a ramped up bank levy are being strongly considered as part of Budget 2024, the Business Post has learned.

Michael McGrath is coming under increasing pressure to deliver relief for mortgage holders who have been hit with a sharp rise in interest rates, while banks are set to make record profits this year.

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