Back to listing

11/07/2011

R3 comments on the hike in fuel prices

“R3 is concerned that the hike in fuel bills will put further financial pressure on already squeezed households. The cost of heating one’s home was typically a concern for those on low incomes and pensioners; however with more than four in ten struggling to pay day and wages being frozen or cut, this rise in living costs will be difficult for many to bear. The impact of the increase in prices will really hit home with the arrival of the colder weather when many households will have to decide whether they can afford to heat their home and keep on top of their other financial commitments.”
Graham Rumney, R3 Chief Executive Officer

 

For further information please contact:
Addy Frederick, R3 Communications Officer
t: 020 7566 4217  m: 07825 679 462 e: addy.frederick@r3.org.uk


R3 Press Office

Notes to editors:

  • R3 is the trade body for Insolvency Professionals and represents the UK’s Insolvency Practitioners.

  • R3 comments on a wide variety of personal and corporate insolvency issues. Contact the press office, or see www.r3.org.uk for further information.

  • R3 promotes best practice for professionals working with financially troubled individuals and businesses; all R3 members are regulated by recognised professional bodies
     
  • R3 stands for 'Rescue, Recovery, and Renewal' and is also known as the Association of Business Recovery Professionals.