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Treasury's Ronan takes business break

The property developer Johnny Ronan has announced that he is to take a break from his business activities, following what he called 'recent high-profile media coverage of aspects of his personal life'.

In a statement, Mr Ronan said he believed the coverage had the potential to distract attention from his business interests.

He said his decision to take a few months off would not affect the day-to-day operation of Treasury Holdings, of which he is a director.