#pre-pack-administration

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#hmrc #retail-insolvency #luxury-footwear #job-losses #phoenixism #tax-loss #recruitment-industry #insolvency
fromLondon Business News | Londonlovesbusiness.com
1 week ago

Russel & Bromley saved from collapse in 2.5m deal, but dozens of store will close - London Business News | Londonlovesbusiness.com

"Following a strategic review with external advisers, we have taken the difficult decision to sell the Russell & Bromley brand. This is the best route to secure the future for the brand, and we would like to thank our staff, suppliers, partners and customers for their support throughout our history."
Business
Business
fromwww.theguardian.com
3 weeks ago

Taxpayers miss out on millions after phoenixism' at UK recruitment firms

Connected directors repeatedly resurrect insolvent recruitment firms via pre-pack phoenixism, wiping debts and costing taxpayers hundreds of millions annually.
Business
fromwww.theguardian.com
5 months ago

UK chasing 90m in taxes from temp staffing firm rescued from insolvency

HMRC is pursuing about £90m after Challenge Recruitment's assets were sold in a pre-pack deal that repaid private funders in full.
Business
fromwww.theguardian.com
5 months ago

Sanjeev Gupta readies last-ditch plan to save UK speciality arm of Liberty Steel

Sanjeev Gupta is attempting to save Liberty Steel's Speciality Steel UK division from collapse through a pre-pack administration plan before a critical court hearing.
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