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Insolvency service moves to identify businesses in financial difficulty
An interesting development from the Insolvency Service. Its new five-year strategy puts much greater emphasis on identifying businesses in financial difficulty earlier, improving the use of data and joining up intelligence from organisations including Companies House, HMRC and law enforcement. The strategy also highlights earlier identification of misconduct and abusive phoenix companies, where businesses are closed leaving debts behind and activity continues through another
paulrobinson764
2 days ago1 min read
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