The prospect of RTÉ cashing in on a wholesale sell-off of its Montrose campus is fading after high-level talks between its director general Kevin Bakhurst and the Land Development Agency (LDA) this week, the Irish Independent can reveal.
Before Sinn Féin had even launched its alternative budget yesterday afternoon, Fine Gael had already issued six press releases excoriating the opposition party’s proposal.
SINN Féin has dropped plans to introduce an immediate wealth tax on net wealth above €1 million in favour of setting up a commission to examine the proposal.
The Government’s projected budget surplus of €65bn over the next three years is likely to be slashed by as much as €20bn, as Finance Minister Michael McGrath seeks to further dampen expectations ahead of the Budget which he is to deliver on Tuesday week.