Just as the Bank Of England is set to announce an interest rate cut, the Spanish owned Abbey has put UP the interest rates on its mortgages.
The cynical move by the Abbey - killing off the benefit of the imminent cut - came after Business Secretary Lord Mandelson admitted he is powerless to force banks to bring down the cost of borrowing despite a £37billion nationalisation bail-out.
This is where the power of the people should be applied customers of the foreign bank closing their accounts and moving their money into a British owned building society. Yes, there are still building societies out there; yes, they still remain mutual societies and yes, they are still British owned.
Kick the dirty Abbey habit and we can end another Spanish invasion. One we don't need and don't want.