A NORTH West insolvency expert has accused the Government of creating a "tidal wave" of financial problems - as a result of its softer stance on VAT and PAYE collection.Paul Stanley, a partner with Begbies Traynor claims well-intentioned Government action will create a new bubble of bad debt because it is allowing some weak businesses to struggle along, rather than become insolvent.He argues that although the recession is one of the worse ever seen, the number of business failures are still below expected levels.“Although we......for the full story register now for free or login below...