Acquisition by Premier Group Recruitment boss Andrew Woosnam appears to be example of ‘phoenixism’

A recruitment business that went bust owing the tax authorities and other creditors almost £3m has promised to send its staff on an all-expenses paid trip to Las Vegas after being repurchased by its former owner for an initial £10,000.

Premier Group Recruitment went into administration in September with debts of £2.9m – including £647,000 owed to HM Revenue and Customs (HMRC), which had commenced enforcement proceedings against the company.