Tuesday, 12 July 2011

Rochdale MP’s firm owes taxman £110k after going bust

A company owned by a Labour MP has gone into liquidation – owing more than £100,000 to the taxman.

Simon Danczuk, MP for Rochdale, co-founded the social research company Vision Twentyone with Ruth Turner, close adviser to Tony Blair and chief executive of the former prime minister’s Faith Foundation. The firm – set up in 1999 – has been placed in voluntary liquidation after losing around 75 per cent of its business in the past six months.

Its previous work included social research and running citizens’ juries to come up with ways of improving communities.

The majority of its clients were in the public sector.

My comment: Business goes bust, clamp down on MPs expenses, he must be feeling the pinch.

Read the full story from the source Manchester Evening News

Read all articles about MPs on this blog

No comments:

Post a Comment