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"We have to start at the bottom and imp standards

22nd July 2010, Page 15
22nd July 2010
Page 15
Page 15, 22nd July 2010 — "We have to start at the bottom and imp standards
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Which of the following most accurately describes the problem?

by getting rid of the people who driving a coach and horses through the ru

where firms fail because a major customer has failed, leaving a massive unpaid debt. That is something the haulier has no control over. But there are other circumstances where the directors will come to some arrangement with government agencies on PAYE, N I, VAT etc. and defer those payments until the company goes bust. They build up sixfigure debts and can run for substantial periods at a loss, which means they are charging rates below those a financially viable firm is charging.

One suggestion is that the government should ask tor a personal guarantee from directors when they defer payments, because if the directors are confident the firm will trade through its difficulties, they should have the confi dence to commit to repay that del The TCs have a big role tc because the new company nee 0-licence, and we are keen to Fo TCs make a connection betwet new and old firms and look at the cial standing of both businesses, ix it may be that it hasn't met the fir standing rules for several months.

Rounding up the Cowboys is squarely at those operators wt competing unfairly by operating ly in some way We have to start bottom and improve standards ling rid of the people who are dr coach and horses through the rull

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