Directors linked to M&D Leisure Ltd – which closed two days before pay day leaving 165 staff penniless – started up a new firm weeks before, the Record can reveal.They’ve now bought up parts of the collapsed firm and plan to restart it once the Covid-19 crisis is over in a “phoenix”-style move.The company went into administration on April 23 having failed to take advantage of the UK Government’s furlough scheme set up to help firms weather the coronavirus crisis.The circumstances of the collapse sparked questions over the stewardship of various firms controlled by the Taylor family.Last night, a business source said: “When you see this pattern of administration and new companies being set up, it looks like a bid to ‘phoenix’ the old
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