McCanns’ 16% debt discount; beer industry falls flat; and banks avoid major losses

has said he was introduced to a process by bankers whereby the mortgage was not signed and no documents were lodged with the Land Registry at the time. He said this process, referred to in court as an “undertaking only” mortgage, “allowed lending to become quicker, more fluid”.

has opened a new €38 million “taste facility” in KwaZulu-Natal, in South Africa, that it describes as “the largest and most advanced taste manufacturing facility” on the continent. Colin Gleeson reports.to sort out the transfer of their various financial connections with the banks before they leave the market.

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