Cagney developed business (6)

I believe the answer is:

agency

'business' is the definition.
(agency is a kind of business)

'cagney developed' is the wordplay.
'developed' is an anagram indicator.
'cagney' anagrammed gives 'AGENCY'.

(Other definitions for agency that I've seen before include "Organisation; intervention" , "Administrative unit" , "Type of business" , "Instrumentality, operation" , "See 24 Across" .)

I've seen this clue in The Sun.

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