Three City Link directors to face criminal charges over firm's collapse

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Complicated story this, but basically it would appear that three directors from UK courier firm City Link, which infamously announced its bankruptcy days before Christmas giving thousands of workers barely a few hours’ notice of redundancy, are set to be prosecuted over their failure to properly inform the government – specifically the business secretary – of the redundancies. The government paid out around £5m to City Link employees in statutory redundancy pay after the company failed to give them the proper 30-day notice, and marks a change of strategy for the Department for Business – although acting on legislation that has existed for over 20 years, this is the first time that company directors are to face criminal proceedings in the case of a bankruptcy.