John McSweeney, ESB’s head of innovation, is to retire later this year. He will depart about the same time as deputy chief executive Bríd Horan, whose departure was announced last week.

Senior management at ESB held a series of discussions with its trade unions in recent months at which they were told workers strongly opposed the prop(...)

Secretary general of the group of unions Brendan Ogle dismissed claims that taxpayers’ money would be used to shore up the ESB pension plan. “As far as we are concerned, the liability for the scheme lies fairly and squarely with the ESB,” he said. Photograph: Alan Betson/The Irish Times

The ESB, its unions, pension trustees and the Government will meet next week to defuse the row over the €1.7 billion hole in its workers’ retirement f(...)