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COMPANIES HOUSE caused the collapse of Taylor & Sons after telling credit agencies the engineering company had gone into liquidation. But it was Taylor & Son that had been wound up. Contracts were cancelled and credit lines withdrawn. Companies House corrected its mistake, but too late to halt the effect of the typo. The long-established firm went into administration within two months — with the loss of 250 jobs.
WARNING... A TYPO
CAUSES BANKRUPTCY
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