Meat plant loses €50m in cancelled deals

The value of contracts lost by Larry Goodman’s Silvercrest beef plant has topped €50m after Burger King cancelled its deal with the Monaghan factory.

The fast-food giant was the second biggest customer at the Silvercrest facility and said it had been “failed by its supplier”.

Burger King had already sought alternative suppliers while it carried out its own investigations in the horse DNA scandal.