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Three in ten British adults spent more than they received in income in the past month

Three in ten (28%) British adults ran a ‘deficit budget’ in the past month, spending more during the month than they received in income, according to new research from R3, the insolvency trade body, and ComRes. One in six British adults (17%) spent up to £100 more than they received in income over the past month; 7%… Read more

  1. 09/05/2019

    Airline Insolvency Review – Proposals do not overcome challenges

    Commenting on the publication of the Airline Insolvency Review’s final report, Duncan Swift, president of insolvency and restructuring trade body R3, says:… Read more

  2. 08/05/2019

    Duncan Swift becomes president of insolvency and restructuring trade body R3

    Duncan Swift, Corporate Advisory Services Partner and Head of the Food Advisory Group at Moore Stephens, has been appointed president of insolvency and restructuring… Read more

  3. 30/04/2019

    Q1 2019 insolvency statistics – R3 comments

    Commenting on the Q1 2019 (January-March) England & Wales insolvency statistics (published this morning by the Insolvency Service), Stuart Frith, president of… Read more

  4. 24/04/2019

    Scottish Insolvency Statistics (Jan-Mar 2019): Comment from R3

    Commenting on the Scottish Insolvency Statistics, January to March 2019, Duncan Swift, Vice President of R3, the insolvency and restructuring trade body says: Corporate… Read more

  5. 15/04/2019

    R3’s UK personal finances bulletin – April 2019

    Two in five (40%) British adults are at least fairly worried about their current level of debt, while the same proportion (40%) say they sometimes or often struggle to… Read more

  6. 08/03/2019

    R3 response to the Treasury Select Committee's economic crime report

    Commenting on today’s publication of the Treasury Select Committee’s report “Economic Crime - Anti-money laundering supervision and sanctions… Read more

  7. 26/02/2019

    Treasury ‘cash grab’ ‘frustrating and misguided’ – R3

    Commenting on today’s publication of a Government consultation on plans to repay HMRC ahead of pension schemes, trade creditors, and lenders in insolvency… Read more

  8. 29/01/2019

    Q4 2018 insolvency statistics – R3 comments

    Commenting on the Q4 2018 (October-December) England & Wales insolvency statistics (published this morning by the Insolvency Service), Stuart Frith, President of… Read more

  9. 23/01/2019

    Scottish Insolvency Statistics (Oct-Dec 2018): Comment from R3

    Commenting on the Scottish Insolvency Statistics, October to December 2018, Tim Cooper, Chair of R3 in Scotland, the insolvency and restructuring trade body says: … Read more

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News Contacts

  1. Nick Cosgrove
    Head of External Relations

    T: 020 7566 4215
    M: 07917 422 485
    E: nick.cosgrove@r3.org.uk
  2. Jo Tacon
    Communications Officer

    T: 020 7566 4203
    M: 07825 679462
    E: Jo.Tacon@r3.org.uk