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News reaches me from my man at Conservative Central Office that the Tories plan to introduce a raft of insolvency related reforms if they win the upcoming election. The measures will include a rationalisation of the Recognised Professional Bodies (RPBs) from the current nine to just three. The three bodies will be chosen by competitive tender.
This regulatory burden cost cutting move might go some way to address the £728 billion public debt!
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...