A LANCASHIRE land remediation business, owned by an entrepreneur who twice appeared on the Sunday Times Rich List, collapsed owing HSBC £24.7m.

The Woodford Group, based near Chorley, is owned by Stephen Daubney who oversaw the rapid growth of the company.

It specialised in cleaning up polluted land but later became a developer and also owned golf clothing wholesaler Bobby Jones Lifestyle, which went into administration in February.

Bolton-born Mr Daubney was ranked at 633 in the 2006 Rich List and 770 ......for the full story register now for free or login below...