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(Business & Technology Education Council) and ULEAC (University of London Examinations and Assessment Council). In 2003, the Edexcel Foundation (the charity that managed the board) formed a partnership with Pearson plc to set up a new company called London Qualifications Ltd, which was 75% owned by Pearson and 25% by the Edexcel Foundation. London Qualifications Limited changed its name to Edexcel Limited in November 2004 and is now known colloquially as Edexcel and formally as Edexcel Pearson

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