Press Archive 2012

57 articles

  1. 20/12/2012

    Reform to complaints system will enhance understanding of insolvency process

    R3 welcomes a package of reforms announced today including a complaints gateway and common sanctions guidance, but is confident work done by insolvency practitioners… Read more

  2. 18/12/2012

    Rising food and fuel costs responsible for struggle to payday

    Rising food and fuel costs, rather than mortgage or credit card payments, are the main reasons why British adults struggle to make ends meet, according to research by… Read more

  3. 07/12/2012

    Basic bank account lifeline extended to bankrupts

    Insolvency trade body R3 welcomes the news that undischarged bankrupts should find it easier to access a high street bank account – currently there is only one… Read more

  4. 04/12/2012

    4 million UK adults intend to take out a payday loan to cover the cost of Christmas

    The pressures of Christmas spending will drive 8% of UK adults into taking out a payday loan, according to new research by insolvency trade body, R3. Louise Brittain, R3… Read more

  5. 19/11/2012

    14,000 new zombie companies created since June

    There are now 160,000 zombie businesses in the UK, that is businesses only able to pay the interest on their debt but not the debt itself, according to research by… Read more

  6. 13/11/2012

    5 million British adults considering taking out a payday loan in the next six months

     5 million British adults considering taking out a payday loan in the next six months– One in four (26%) of 18-24 year olds likely to seek a payday loan–… Read more

  7. 09/11/2012

    Corporate liquidations down 30% due to greater rescue culture

    Corporate liquidations down 30% due to greater rescue cultureThe Enterprise Act was enacted into Parliament exactly 10 years ago this weekThe number of corporate… Read more

  8. 02/11/2012

    R3 comments on Q3 Insolvency Service Stats

    Corporate insolvency levels fall“The drop in corporate insolvency numbers is reassuring, especially as it comes after last week’s upbeat GDP figures, showing… Read more

  9. 02/11/2012

    R3 comments on Q3 Insolvency Service Stats

    Corporate insolvency levels fall“The drop in corporate insolvency numbers is reassuring, especially as it comes after last week’s upbeat GDP figures, showing… Read more

  10. 09/10/2012

    Wonga to sponsor Newcastle Football Club

     Lee Manning, R3 President, comments: “According to official figures, the North East has the highest personal insolvency rate of anywhere in the country,… Read more

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