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R3 News

The following information is provided by R3: News and information on insolvency, restructuring and stories from business recovery specialists.

UK fails to improve its standing in the World Bank insolvency rankings – R3

Posted on: 02.11.18
The lack of improvement in the UK’s standing in the World Bank’s latest insolvency rankings underlines the need for UK corporate insolvency reform, says... <a href="http://www.r3.org.uk/index.cfm?page=1114&element=32646">Read more</a>

Breathing space consultation – R3 comments

Posted on: 01.11.18
Commenting on the news that the Government has launched a consultation on introducing a “breathing space” for indebted individuals, Stuart Frith, President of... <a href="http://www.r3.org.uk/index.cfm?page=1114&element=32645">Read more</a>

Q3 2018 insolvency statistics – R3 comments

Posted on: 30.10.18
Commenting on the Q3 2018 (July-September) England & Wales insolvency statistics (published this morning by the Insolvency Service), Duncan Swift, Vice President of... <a href="http://www.r3.org.uk/index.cfm?page=1114&element=32640">Read more</a>

Budget 2018: HMRC preferred creditor status - R3 comment

Posted on: 29.10.18
In response to the announcement in today’s Budget that HMRC will become a secondary preferential creditor for taxes held on behalf of employees and customers, Emma... <a href="http://www.r3.org.uk/index.cfm?page=1114&element=32639">Read more</a>

Scottish Insolvency Statistics (Jul-Sep 2018): Comment from R3

Posted on: 23.10.18
Commenting on the Scottish Insolvency Statistics, July to September 2018 (Q2 2018–19), Tim Cooper, Chair of R3 in Scotland, the insolvency and restructuring trade... <a href="http://www.r3.org.uk/index.cfm?page=1114&element=32622">Read more</a>



Credit Strategy News 

The following information is provided by Credit Strategy: News and information for the UK's commercial and consumer credit industry.

Carillion liquidation on “absolutely unprecedented” scale

Posted on: 13.11.18

The men leading the liquidation process of collapsed outsourced services provider Carillion spoke exclusively at Credit Strategy’s TRI Conference about the scale and...

TRI Awards winners revealed

Posted on: 13.11.18

The winners of the Turnaround, Restructuring and Insolvency (TRI) Awards 2018 have been revealed in a ceremony held at the Hilton London Bankside Hotel.

Held immediately after the...

UK’s static performance in World Bank insolvency rankings “shows needs for reform”

Posted on: 12.11.18

A lack of improvement in the UK’s standing in the World Bank’s latest insolvency rankings has underlined the need for UK corporate insolvency reform,...

Warnings over rise in bankruptcies

Posted on: 09.11.18

The number of people being declared bankrupt is expected to increase throughout the rest of 2018 in England and Wales, top 20 accountancy firm Wilkins Kennedy has warned.

The...

Personal insolvencies fall in Q3 from record high

Posted on: 09.11.18

Total individual insolvencies in Q3 2018 were 10.5 percent lower than in the previous quarter and 2.5 percent lower than in the same quarter the previous year, statistics from the...

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