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Minister meets Colchester MP over 'phoenix businesses'
11:45am Thursday 22nd November 2012 in News
A GOVERNMENT minister has met with Colchester’s MP over businesses which fail with large debts only to start up again.
Sir Bob Russell met consumer minister Jo Swinson after he raised the issue in Parliament earlier this month.
The MP wants to see legislation brought in to make the practice, which often leaves people with large sums of money outstanding, illegal.