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Family business wrecked

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  • Family business wrecked

    http://www.dailymail.co.uk/news/arti...g-mistake.html

    The spelling mistake that wrecked a family business: Companies House to pay £8.8m damages after engineering firm with 250 workers closed down when government pen-pusher added an extra 's' to document

    When a company called Taylor & Son went out of business, Companies House recorded that Cardiff-based Taylor & Sons was being liquidated
    Customers and lenders withdrew business as rumours spread
    The engineering firm collapsed and sued Companies House over the error
    Now the State must hand over up to £8.8million after High Court ruling


    Read more: http://www.dailymail.co.uk/news/arti...#ixzz3Q7QWKyJW
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    Last edited by Amethyst; 28th January 2015, 12:32:PM.
    Tags: None

  • #2
    Re: Family business wrecked

    The spelling mistake that wrecked a family business: Companies House to pay £8.8m damages after engineering firm with 250 workers closed down when government pen-pusher added an extra 's' to document
    oops
    Debt is like any other trap, easy enough to get into, but hard enough to get out of.

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    • #3
      Re: Family business wrecked

      Damages have not yet been quantified and could exceed the figures quoted!

      Comment


      • #4
        Re: Family business wrecked

        Heard that on the radio earlier. Not that surprised to be honest.

        Comment

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