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Farm Business
Politics, Covid19 and Brexit
Essar Oils pulling a CF?
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<blockquote data-quote="Bongodog" data-source="post: 7764187" data-attributes="member: 1343"><p>Reading into the story, Essar ran out of cash to pay HMRC for excise duty at the start of the pandemic, they struck an agreement to repay the £900m owed by the end of this month, to date they have coughed up £700m leaving £200m outstanding, they also say that they turned the corner to being cash positive in July 2021. can anyone seriously think HMRC are going to push the button to send under a company that has already paid back the vast majority of their debt ?</p></blockquote><p></p>
[QUOTE="Bongodog, post: 7764187, member: 1343"] Reading into the story, Essar ran out of cash to pay HMRC for excise duty at the start of the pandemic, they struck an agreement to repay the £900m owed by the end of this month, to date they have coughed up £700m leaving £200m outstanding, they also say that they turned the corner to being cash positive in July 2021. can anyone seriously think HMRC are going to push the button to send under a company that has already paid back the vast majority of their debt ? [/QUOTE]
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Farm Business
Politics, Covid19 and Brexit
Essar Oils pulling a CF?
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