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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.

Q2 2018 insolvency statistics – R3 comments

Posted on: 27.07.18
Commenting on the Q2 2018 (April-June) England & Wales insolvency statistics (published this morning by the Insolvency Service), Stuart Frith, president of insolvency... <a href="">Read more</a>

Scottish Insolvency Statistics (Apr-Jun 2018): Comment from R3

Posted on: 25.07.18
Commenting on the Accountant in Bankruptcy’s corporate and personal insolvency statistics for the period April to June 2018 (Q1 2018-­19), Tim Cooper, Chair of... <a href="">Read more</a>

R3's letter to the editor of the Financial Times on how the insolvency profession tackles fraud

Posted on: 16.07.18
Dear Sir, John Gapper’s article, ‘The ship tycoon, the con men and a €100m scam’, highlights the positive impact the insolvency profession and... <a href="">Read more</a>

Women and seaside towns again see most personal insolvencies – R3 comments on 2017 statistics

Posted on: 13.07.18
A higher percentage of women than men in England and Wales entered insolvency in 2017, continuing the trend of recent years, says insolvency trade body R3, commenting on... <a href="">Read more</a>

Brexit White Paper plans on insolvency are welcome – R3

Posted on: 12.07.18
Commenting on the Government’s Brexit White Paper, published earlier today, Duncan Swift, vice-president of insolvency and restructuring trade body R3, says: ... <a href="">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.

Sports Direct buys House of Fraser out of administration

Posted on: 15.08.18

Mike Ashley’s Sports Direct has agreed to buy House of Fraser in a deal worth £90m, just hours after administrators from big four accountancy firm EY were appointed to the...

Personal insolvencies up 27 percent compared to same time last year

Posted on: 13.08.18

Poor wage growth and the gig economy could be behind a huge year-on-year rise in personal insolvencies, according to insolvency trade body R3.


Credit union Polish Credit UK enters administration

Posted on: 10.08.18

Polish Credit UK has been placed into administration, with insolvency practitioners Dean Watson and Paul Stanley of Begbies Traynor appointed to oversee affairs.

Polish Credit...

The TRI Conference returns for its second year

Posted on: 10.08.18

Credit Strategy is pleased to announce the return of the Turnaround, Restructuring and Insolvency (TRI) Conference this year...

FCA proposes new directory of financial services workers

Posted on: 10.08.18

The Financial Conduct Authority (FCA) has proposed a new directory to help consumers and firms check the status and history of individuals working in financial services.


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