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High street saviour or a stitch-up? Answers are needed on pre-pack administrations

Honest failure of a business is no disgrace. In tough economic times, this is even more so. If directors have been mindful of their responsibilities, as we discuss here, they can start afresh with no stain on their reputation. Business secretary Vince Cable has proposed sanctions for misconduct, to make rogue directors more accountable for their actions. But he has also moved to improve trust in the professionals who
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