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Paragon shares suspended

By John Sparks

Updated on 20 November 2007

Shares in Britain's third largest buy to let mortgage firm are temporarily suspended on news of the company's difficulties.

A second City financial institution has run into difficulty triggered by the turmoil in the credit markets.

Shares in Paragon, Britain's third largest buy to let mortgage firm, had to be temporarily suspended this morning after plunging on news of the company's difficulties.

Coming hard on the heels of the Northern Rock crisis, the news has sent further shock waves through the City of London.

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