HMRC 'to miss £26m in taxes' due to Comet collapse

It has been reported that unsecured creditors of Comet include HM Revenue & Customs which is owed £26.1 million in unpaid taxes.

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Cable calls for Comet inquiry

The Business Department confirmed that Vince Cable has called an investigation into Comet in a bid to find out why the firm ended up going out of business and the circumstances around the purchase of the company by a private equity firm last year.