Thursday, 03 September 2026
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United Kingdom News from United Kingdom · WORLD EUROS
Nº 54 Thursday, 03 September 2026
Technology

Recruiter places ‘phoenix’ firm into liquidation just months after repurchase erased millions in debt

Recruiter places ‘phoenix’ firm into liquidation just months after repurchase erased millions in debt
Sources: The Guardian

New company reportedly quickly fell behind with promised repayments to administrator A recruitment executive who was allowed to buy back the assets of his bust company in instalments, despite it accumulating almost £3m of debt, has placed his new business into liquidation after falling behind with promised payments to the administrator. The news is the latest event to raise questions about the pra

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