‘Anglo should be used to pump money into hotels’

ANGLO Irish Bank should be used as a vehicle to pump money into the hotel sector.

This is according to the chief executive of the Irish Hotels Federation (IHF) John Power, who said many hotels badly need capital to get them over this “slump”.

Speaking to the Irish Examiner, he said if that the Government will not give money to the sector then it should look at providing money through Anglo.