"We will be seeking talks between the Irish PM, the assembly and the UK finance minister and the British prime minister to review this in the context of the need to have a good retailstructure like Ulster Bank remain, particularly in Northern Ireland, " he added.
And since employment is spread across this time structure with relatively few working in final retail stage, savings and investment changes have dramatic impacts on employment.
They concluded that the retail price would have been dependent upon the taxes (sales and excise), the structure of the regulatory scheme, and how taxes and regulations would be enforced.
The year over year improvement is primarily due to lower retail selling expenses associated with our no-contract offering as well as a lower cost structure resulting from our cost cutting initiatives in 2011.