Martina Devlin: Semi-states have to show us the money
Published 12/08/2010 | 05:00
WE NEED cash, pots of it -- and quickly. So here's a plan for the commercial semi-states that could raise more than €500m in additional revenue over five years.
I know, anything that doesn't involve multiples of billions hardly sounds like real money these days, but every little helps.
Currently, both the ESB and Bord Gais pay 30pc of their operating profits into the national kitty as a dividend.