R3 News
The following information is provided by R3: News and information on insolvency, restructuring and stories from business recovery specialists.
One in ten UK companies could be a ‘zombie business’
Over one in ten (11%) UK companies is just paying the interest on its debts, rather than repaying the debt itself, according to new research from insolvency and...
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Unexpected bill of just £20 would prove difficult or impossible to pay immediately for 1 in 5 British adults
One in five British adults (20%) would find it somewhat difficult, very difficult or impossible to immediately pay an unexpected bill for an amount as little as...
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Mid-size and Northern companies have the highest insolvency risk – R3
Commenting on new statistics published by the Government on the number of England & Wales corporate insolvencies in 2017, broken down by company age, size and...
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UK fails to improve its standing in the World Bank insolvency rankings – R3
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...
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Breathing space consultation – R3 comments
Commenting on the news that the Government has launched a consultation on introducing a “breathing space” for indebted individuals, Stuart Frith, President of...
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Credit Strategy News
Credit Strategy News
The following information is provided by Credit Strategy: News and information for the UK's commercial and consumer credit industry.