IN 2007, the three families behind the Jurys Doyle hotel group decided to sell a sizeable chunk of the business.

ANGLO Irish Bank’s chief financial officer, Maarten van Eden, said European Union support doesn’t fundamentally address problems at Irish lenders and they remain reliant on central bank funding, according to an op-ed in Dutch newspaper Het Financieele Dagblad yesterday.

THE cost of winding down Anglo Irish Bank, over a 12-month period, would amount to at least €40 billion, a Dáil Committee has heard.

A further "horrendous loss" of €9.5bn may have to be faced up to by Anglo Irish Bank, the chief financial officer of the now state-controlled bank told an Oireachtas Committee this afternoon.