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Mon 09 Sep 2008State firms told to hand over more profits

STATE COMPANIES like the ESB and Bord Gáis will be asked to hand over a substantial slice of their profits to the Exchequer next year to provide at least €300 million to help the Government deal with the crisis in the public finances.

However, the Government came under fire from Fine Gael yesterday for allowing departments and State agencies to spend €30 million on advertising this year, despite the problems faced by the exchequer.

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