Short Changed

[said]

The Daily Mail has reported today that the HMRC has advised Patisserie Valerie to close all its outlets due to a rather large sum owed in unpaid taxes.

[Hamble]

In April 2014 the company announced plans to raise £33m on the London Alternative Investment Market, using the sum to reduce its debt.

[said]

In April 2014 the company announced plans to raise £33m on the London Alternative Investment Market, using the sum to reduce its debt.

Well - something went badly wrong there then. The company has a £20 million hole in its finances and it owes almost £1.5 million in taxes.

[Hamble]

Well - something went badly wrong there then. The company has a £20 million hole in its finances and it owes almost £1.5 million in taxes.

Strange.
A branch appeared in Bury Town Centre not that long ago.
Certainly after alarm bells tinkled.