Selling off the family jewels

With pressure on exchequer finances increasing by the day, the government may decide to sell some of its most valuable assets, with Bord Gáis, the ESB and the VHI all possible targets, writes Richard Curran

15th May, 2010

A separation of Bord Gáis into two businesses and the need to ease pressure on the exchequer finances are contributing to speculation that the government may have to embark on a limited privatisation programme in the next few years to help fund the cost of bank bailouts.

Speculation about privatisations of state companies has been a lot more plentiful than actual sell-offs in the last 20 years, but this time it may be...

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