Ahead of the 2019 general election, this manifesto sets out a roadmap for policy makers to ensure the framework within which the insolvency and restructuring profession operates is able to provide businesses and individuals with the tools they need to navigate an uncertain economic environment. 

Insolvency practitioners, and other insolvency and restructuring professionals, play a vital role in ensuring that the UK maintains its reputation as one of the best places in the world to do business. 

The insolvency regime is a fundamental part of the UK’s business cycle. Insolvency practitioners provide financial advice to struggling companies, help rescue businesses and save jobs. For individuals with debt problems, the profession provides financial advice, helps people to manage their finances and repay creditors. In May 2015, R3 published a report that showed the value of this work to the UK economy in 2013/14.