“Taxpayers were left facing a £9m bill after a clerk at Companies House added an extra ‘S’ on to the end of the name of the firm, with devastating consequences. As a result, the Government agency wrongly stated that respected engineering firm Taylor & Sons Ltd had been wound up, when in fact it was an unrelated company called Taylor & Son Ltd which had got into financial difficulty. The nightmare error proved fatal for the respected 134-year-old firm, with customers cancelling orders and lenders withdrawing credit after hearing incorrect rumours that the company was in dire financial straits.”
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