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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.

Scottish Insolvency Statistics (Oct-Dec 2019): Comment from R3

Posted on: 22.01.20
Commenting on the Scottish Insolvency Statistics, October to December 2019, Tim Cooper, Chair of R3 in Scotland, the insolvency and restructuring trade body says: ... <a href="http://www.r3.org.uk/index.cfm?page=1114&element=34431">Read more</a>

R3 responds to the Queen’s Speech

Posted on: 19.12.19
Duncan Swift, President of insolvency and restructuring trade body R3, comments on the Queen’s Speech (19 December 2019): Corporate insolvency reform “We... <a href="http://www.r3.org.uk/index.cfm?page=1114&element=34404">Read more</a>

R3 launches 2019 election manifesto

Posted on: 10.12.19
R3, the insolvency and restructuring trade body, has launched its 2019 election manifesto, which sets out the policies that will help the insolvency and restructuring... <a href="http://www.r3.org.uk/index.cfm?page=1114&element=34195">Read more</a>

Q3 2019 insolvency statistics – R3 response

Posted on: 30.10.19
Commenting on the Q3 2019 (July-September) England & Wales insolvency statistics (published this morning by the Insolvency Service), Duncan Swift, president of... <a href="http://www.r3.org.uk/index.cfm?page=1114&element=34055">Read more</a>

Scottish Insolvency Statistics (Jul-Sep 2019): Comment from R3

Posted on: 23.10.19
Commenting on the Scottish Insolvency Statistics, July to September 2019, Tim Cooper, Chair of R3 in Scotland, the insolvency and restructuring trade body says: ... <a href="http://www.r3.org.uk/index.cfm?page=1114&element=34005">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.

"Wonga owe me £2,354! Imagine if I owed them that!" Former customers reveal compensation shortfalls

Posted on: 24.06.20

Wonga customers seeking compensation for mis-sold loans have started revealing the extent of their losses, after...

Spike in IVAs drives up personal insolvencies in April

Posted on: 24.06.20

Total personal insolvencies increased eight percent to more than 10,300 during April, compared to the same month last year, driven largely by a near 40 percent surge...

Over 300,000 firms on emergency loans, but “unsustainable debt” levels could hit £100bn

Posted on: 24.06.20

More than 300,000 businesses have now benefitted from £14bn in government-backed loans, according to Treasury figures, but a...

Corporates taking emergency funding forced to curb executive pay

Posted on: 24.06.20

The Bank of England is forcing all firms planning to draw on its emergency financing facility, for a term beyond May 2021, to restrain executive pay and...

Corporate insolvencies fall again, as lenders provide £35bn of emergency loans

Posted on: 24.06.20

New monthly corporate insolvency statistics out today (June 12) show a decrease in May, compared to a year ago, but this week Treasury...

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