<p>Andrew Woosnam took millions from his recruitment firms before creditors, including HMRC, were left out of pocket</p><ul><li><p><a href="https://www.theguardian.com/business/2026/oct/23/bust-companies-revived-in-phoenix-deals-more-likely-to-fail-again-study-finds">Companies revived in ‘phoenix’ deals more likely to fail, study finds</a><br></p></li></ul><p>For three decades, the recruitment industry treated Andrew Woosnam well.</p><p>Having learned his trade during the 1990s, he graduated to create his own firm at the turn of the millennium – which allowed him to bank millions of pounds in salary, dividends and loans and to buy assets including a grand house in Berkshire once owned by the comedians Dawn French and Lenny Henry.</p> <a href="https://www.theguardian.com/business/2026/oct/25/recruitment-boss-twice-bust-business-resurface-debts">Continue reading...</a>