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Minibond business struck off

A business set up to find borrowers for minibonds has been struck off.

London Loan Brokerage was owned by London Capital & Finance, which went into administration last January owing £237m to investors.

While London Loan Brokerage was intended to find new borrowers for the funds raised by the minibonds, it had never filed any accounts since its establishment in November 2017.

It has now been struck off the register by Companies House.

The Times (£)

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