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Our latest press releases, including R3 research and our reactions to the latest insolvency and restructuring developments


CVA reforms needed, says insolvency and restructuring profession
29 May 2018
Reforms should be made to improve the effectiveness of Company Voluntary Arrangements, a common High Street insolvency procedure, according to research commissioned by insolvency and restructuring trade body R3 and supported by ICAEW.
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Stuart Frith appointed as new President of R3
20 April 2018
Stuart Frith, a Partner at Stephenson Harwood LLP, is taking over as the new president of R3, the insolvency and restructuring trade body.
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UK ‘zombie business’ numbers drop to record low – R3
03 January 2018
The proportion of UK companies which are only paying the interest on their debts - one of the signs of a so-called 'zombie' business - has dropped to 3% in December from 5% in April this year, according to research by R3, the insolvency and restructuring trade body.
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Insolvency and restructuring profession concerned about Brexit impact on insolvency numbers
29 December 2016
An overwhelming majority of insolvency and restructuring experts believe the UK's decision to leave the EU will lead to a rise in corporate insolvencies in the next year, and that the referendum result has already hurt businesses' finances, according to a survey of its membership by insolvency and restructuring trade body R3.
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Living beyond means, relationship breakdowns, and cuts to incomes were the leading causes of bankruptcy in 2015
21 December 2016
Living beyond means, relationship breakdowns, and reduced levels of income were the leading causes of bankruptcy in 2015, according to new government statistics.
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139,000 UK businesses only paying the interest on their debt
13 December 2016
139,000 businesses in the UK are only paying the interest on their debt and not repaying the debt itself, according to new research by insolvency and restructuring trade body R3.
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Majority of British adults’ personal finance confidence unaffected by Brexit vote
14 November 2016
Three-fifths (59%) of British adults say they are neither more pessimistic nor more optimistic about their personal finances following the UK's vote to leave the EU, according to new research by insolvency and restructuring trade body R3.
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Vast majority of British businesses brush off Brexit vote – R3
07 November 2016
Three-in-four UK businesses (74%) say they have yet to feel any financial impact - positive or negative - from the 23rd of June vote to leave the EU, according to new research by the insolvency and restructuring trade body, R3.
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Late payment and other business failures cause over 1-in-5 corporate insolvencies
22 September 2016
At least one fifth of UK corporate insolvencies in the past year were caused by late payment or the insolvency of another company, according to new research by insolvency and restructuring trade body R3.
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Half of UK businesses have no fraud risk policy – R3
17 August 2016
Over half of UK businesses have no agreed written fraud risk policy in place to prevent and detect fraud, according to new research by R3, the insolvency trade body.
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Further Information & Articles
  • R3 Blog Member news, commentary and analysis from R3
  • Policy & Research Insights into the economy and the insolvency and restructuring, and recommendations for reform
  • Consultation Responses Our responses to Government consultations on insolvency and restructuring issues
Stuart McBrideStuart McBride
Senior Communications Manager
020 7566 4214
Amelia FranklinAmelia Franklin
Campaigns and Communications Executive
0207 566 4203
Lyle HorneLyle Horne
Public Affairs & Policy Officer
0207 566 4202
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