Three teenagers have been jailed for their part in a “wicked and unnecessary” axe and knife attack on a drunken man in scenes reminiscent of the Hollywood movie The Shining.

McVitie’s and Jaffa Cakes maker United Biscuits is to be swallowed up by Turkish food conglomerate Yildiz Holdings in a deal believed to be worth £2bn (€2.56bn), it was announced today.

DEVELOPER brothers Ray and Danny Grehan have consented to summary judgment orders for over €300 million being entered against each of them in favour of NAMA.

New bidders are being sought for Jaffa Cakes and Hobnobs firm United Biscuits after talks with a Chinese food giant hit the buffers, it was reported today.