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Too bleedin right it is!
More to the point, the deeper problem is that under UK law there'll be nothing stopping Mr Vulpine from starting up a new business under a different name. In much of Europe he'd be forbidden from doing so for the next 5 or so years - he would be 'black listed'.
This is what a lot of business owners do - take out massive loans, pay themselves a huge salary, run their business into the ground, fuck off with the remaining assets and the company order book, and start all over again.
[I am not saying that this is what Mr Vulpine has done. I have no opinion on what Mr Vulpine has done. The only complaint I had against Mr Vulpine is that he appeared to fancy himself a bit.]
JB
The_Kindness_of_Trees
@anidel
Is £90k pa really that much?!?!
I do have friends in tech who earn more and are 'simple' senior devs?