BBC News: A man has been arrested in the loans for lordships investigation:

The man was arrested in the London borough Redbridge for an offence under the Honours (Prevention of Abuses) Act 1925, [Scotland Yeard] said in statement. He is currently in custody in a London police station, it added.

The police have said the man is not an MP or a peer but would not say if he was a member of political party.

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