Press Archive

  1. 23/02/2016

    R3 welcomes 7% reduction in cost of entering bankruptcy

    However, changes could go further The Insolvency Service has announced that the government fees for an individual applying to be made bankrupt are to fall from… Read more

  2. 18/02/2016

    British public claim to be on top of their finances – R3

    80% of British adults say they check their current account balance at least every week, while 47% claim to budget at least monthly, according to the new research from… Read more

  3. 16/02/2016

    British adults’ struggles to payday at record lows – R3

    Fewer British adults say they are struggling from payday to payday than at any point in the last six years, according to the latest survey of over 2,000 British adults by… Read more

  4. 29/01/2016

    R3 comments on Q4 2015 insolvency statistics

    Commenting on the quarterly insolvency statistics (for October - December 2015) published by the Insolvency Service today, Phillip Sykes, president of R3, the insolvency… Read more

  5. 27/01/2016

    R3 comments on Scottish insolvency statistics Q3 2015-16

     Commenting on the Scottish Insolvency Statistics, Q3 2015-16, Tim Cooper, Chair of R3 in Scotland, the insolvency trade body says:  Personal insolvencies … Read more

  6. 21/01/2016

    Tax avoidance crackdown threatens tech whizz-kids and retiring entrepreneurs

    Entrepreneurs selling their start-up or retiring could see the tax costs of selling their company soar after April 2016, warns insolvency trade body R3.   Under… Read more

  7. 13/01/2016

    Business distress hits new record low – R3

    The level of business distress in the UK has hit a new record low, with just 17% of businesses reporting a key indicator of distress, according to new research by… Read more

  8. 04/01/2016

    Over 100,000 businesses owed money by insolvent companies and individuals in 2015

    Over 100,000 UK businesses were owed money by suppliers or customers entering an insolvency procedure during the last year, according to research by insolvency trade body… Read more

  9. 17/12/2015

    Half a £billion payday for rogue directors as MoJ ends insolvency exemption

     The Ministry of Justice has announced that it is ending the exemption for insolvency litigation from the Legal Aid, Sentencing and Punishment of Offenders Act 2012.… Read more

  10. 16/12/2015

    Ministry of Justice risks half a £billion payday for rogue directors – at ordinary businesses’ and taxpayers’ expense

    Loss of insolvency exemption from LASPO Act would create legal funding black holeUp to £115m of taxpayer money at riskUp to almost half a billion pounds owed to… Read more

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Nick Cosgrove
Communications Manager
T: 020 7566 4215
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