Bridge Business Recovery owes taxman over £1m

COLLAPSED INSOLVENCY FIRM Bridge Business Recovery is alleged to owe the taxman over £1m.

Earlier today, it was revealed the firm had entered into an insolvency process with KPMG administrators Samantha Bewick and Colin Haig appointed joint administrators.

The firm’s regulator, the ICAEW, has been made aware of the situation.

Other reports have suggested that the police are looking into missing funds from the firm’s bank accounts.

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