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Description: What is a swap? - MoneyWeek Investment Tutorials Tim Bennett explains how an interest rate swap works - and the implications for investors. --- MoneyWeek vide

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Marston's is a British brewery and pub operator. It operates over 1,700 pubs in the UK, and is the world's largest brewer of cask ale . 90 per cent of profits come from the pubs division. It was known as Wolverhampton and Dudley Breweries plc until 2007 when it rebranded as Marston's.

It owns five breweries and brands including Marston's, Banks's, Jennings , Ringwood and Wychwood . Its priority products are Marston's Pedigree and Wychwood Hobgoblin.