John Walsh: Banks put their foot in it once again with interest rates misstep

Reaping record-breaking profits while failing to pass on deposit rate rises was never going to play well to the gallery

Michael McGrath, the Minister for Finance, ruled out a windfall tax in response to alleged profiteering among the banks

It is probably a bit early for handing out end-of-year gongs, but surely it will be hard to top the banks when it comes to the annual shooting yourself in the foot award.

Just when it looked as if the sector was returning to some semblance of normality, the refusal to pass on the benefits of higher interest rates to savers has put bankers back in the crosshairs of politicians.

There has been a growing ...