The provisional liquidator appointed to the company that publishes Buy and Sell magazine, yesterday asked the High Court for permission to sell it to a subsidiary firm of the Denis O’Brien-owned Communicorp.

DONKEYS have dropped in price by almost 50% in the past two years as many consider them to be luxury items in the current economic climate.

MONEY might be tight, the country may be on the brink of a bailout, but ordinary people are still buying, selling and swapping almost €1 billion worth of goods in the “economy of the streets”.

Trading in second-hand goods is becoming much more common as people's financial situations degrades.