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There have been several high-profile company insolvencies in 2018 so far
Company bosses who dissolve their firms to avoid paying off staff or meeting pension commitments will risk being hit with fines, under new government plans.
Ministers want tougher insolvency laws, after recent high-profile collapses devastated workers and pension schemes.
The Insolvency Service could also make companies prove they can afford to pay salaries and pension payments if they are also paying dividends to investors.
The TUC says…
Read the full article at: https://www.bbc.com/news/business-45302629