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Following a thwarted bid to save a Rembrandt portrait for the nation, the Art Fund will halt all campaigns until changes are made to UK export regulation.

Director Stephen Deuchar said: “If no changes to the present system are made, we do not see how we can, in all conscience, launch fundraising campaigns to save export-stopped works... People will only donate to a campaign if they know a work can actually be purchased at the end of it.”