r,
I have a mix of Magura and Shimano brakes.
Both use mineral oil, and I have a litre of Halfords LHM.
But….I found it to be thicker than both Magura Blood and Shimano Tango.
So far it is OK in a couple of Maguras and one Deore, but I filled my XTRs with Shimano and have had no problems.
It is possible that the LHM may be too thick to work as planned in the winter, but I see no issues for summer use.
All 3 should lube the calliper seals and remain in place (unlike DoT which is water-miscible and can be washed out leaving sticky pistons).
Now I will just wait for all the contradictions to follow.
PaulD