May 22, 2017

Last week, agricultural loans company UK Acorn Finance, which faced a Serious Fraud Office investigation over allegations it forced businesses into bankruptcy, ceased trading with investors expecting to lose most of their cash. Julian Gleek, a director of UK Acorn and former finance director of London property investor Burford, continues to run another agricultural lender, the London Standard notes, called UK Farm Finance, which recently had a winding-up order from HMRC overturned. His UK Country Capital business, the paper adds, collapsed owing Barclays £17.3m.



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