Firm that went bust owing £650k to HMRC offers staff Las Vegas trip after being bought by ex-owner

Acquisition by Premier Group Recruitment boss Andrew Woosnam appears to be example of ‘phoenixism’

A recruitment business that went bust owing the tax authorities and other creditors almost £3m has promised to send its staff on an all-expenses paid trip to Las Vegas after being repurchased by its former owner for an initial £10,000.

Premier Group Recruitment went into administration in September with debts of £2.9m – including £647,000 owed to HM Revenue and Customs (HMRC), which had commenced enforcement proceedings against the company.

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Why This Matters

Acquisition by Premier Group Recruitment boss Andrew Woosnam appears to be example of ‘phoenixism’

A recruitment business that went bust owing the tax authorities and other creditors almost £3m has promised to send its staff on an all-expenses paid trip to Las Vegas after being repurchased by its former owner for an initial £10,000.

Premier Group Recruitment went into

Key Insights

Primary keywords: recruitment, bust, hmrc, staff, vegas.
Topic focus: Business coverage with neutral sentiment.
Source context: reported by Guardian Business.
Published: 2026-02-15.

Tone & Sentiment

The article tone is classified as neutral, driven by the language and emphasis in the summary. The sentiment score of -0.06 indicates the strength of that tone.

Context

This piece fits within the broader Business narrative, connecting current events to ongoing developments. Readers tracking Business trends can use this article as a concise signal of what is shaping coverage right now.

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Key Takeaway

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Guardian Business Firm that went bust owing £650k to HMRC offers staff Las Vegas trip after being bought by ex-owner