Press Archive 2018

29 articles

  1. 27/12/2018

    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… Read more

  2. 22/12/2018

    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… Read more

  3. 22/11/2018

    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… Read more

  4. 02/11/2018

    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… Read more

  5. 01/11/2018

    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… Read more

  6. 30/10/2018

    Q3 2018 insolvency statistics – R3 comments

    Commenting on the Q3 2018 (July-September) England & Wales insolvency statistics (published this morning by the Insolvency Service), Duncan Swift, Vice President of… Read more

  7. 29/10/2018

    Budget 2018: HMRC preferred creditor status - R3 comment

    In response to the announcement in today’s Budget that HMRC will become a secondary preferential creditor for taxes held on behalf of employees and customers, Emma… Read more

  8. 24/10/2018

    Scottish Insolvency Statistics (Jul-Sep 2018): Comment from R3

    Commenting on the Scottish Insolvency Statistics, July to September 2018 (Q2 2018–19), Tim Cooper, Chair of R3 in Scotland, the insolvency and restructuring trade… Read more

  9. 13/09/2018

    Impact of ‘no deal’ Brexit on insolvency ‘deeply concerning’

    The potential impact of a ‘no deal’ Brexit on cross-border insolvency cases, as set out by the Government in a just-published technical note, is deeply… Read more

  10. 26/08/2018

    Corporate insolvency and corporate governance reforms: Government announcement offers opportunity for improvement

    Commenting on the announcement from the Department for Business, Energy, and Industrial Strategy on corporate governance and corporate insolvency framework reform… Read more

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