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In order to save the financial fields and business, the Financial institution of England entailed itself in developing this method to promote the recovery of the financially weaker firms. The bankruptcy law was developed in 1986, as well as at the time of 1970 s there were no security steps as well as procedures for the companies. So, to protect the inner control and to create monetary consistency, the London Strategy was developed. It helps in lowering the exterior risks that could ruin

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