(Reuters) – British sub-prime lender Amigo Holdings Plc could restart lending if it meets certain conditions and its new business rescue plan is approved by the London High Court, the British financial regulator said to Amigo in a letter that was also published on its website on Monday.
The Financial Conduct Authority, which had opposed the firm’s earlier rescue plan in May said it doesn’t intend to go against the new business rescue plan in the court hearing.
(Reporting by Sinchita Mitra in Bengaluru; Editing by Vinay Dwivedi)
