The lending programs had never been used before and are now defunct.

City centres were once the preserve of the butcher, baker, candlestick-maker and many other now defunct trades.

The commission took no regulatory action, noting the appeal was now defunct.

Along with its astonishing success it has attracted controversy after becoming associated with a series of crimes linked to its now defunct 'adult' services section.

More of that may come out in future trials, as it has in the guilty pleas from some of the staff on the now defunct newspaper.