Crackdown to safeguard pensions when firms go bust

Bosses could be fined if they fail to perform legal duties and honour their workers’ rightsDirectors who have dissolved companies to avoid paying workers or pensions could be disqualified or fined by authorities for the first time. The move is part of a government initiative to safeguard workers, pensions and small suppliers when a company goes bust.The Observer reported in January that the government was preparing to crack down on irresponsible company bosses in the wake of the collapse o