R3's parliamentary engagement led to the profession's views being raised over 20 times during debates in both the House of Commons and House of Lords, with the key mentions included in the video within this post. 

This year saw the Press, Policy and Public Affairs team continue our Back to Business UK campaign, publish research into the profession’s economic contribution, and continue to give the profession a voice in parliament and the media as the Covid pandemic continued and new legislation was proposed, debated and entered into law. 

With the days getting shorter, temperatures dropping and Christmas fast approaching, the busy winter season is upon us and this November has been no exception for R3’s Press, Policy and Public Affairs team…

R3's Press, Policy and Public Affairs Team has had a busy October, with the Autumn Budget announcement, quarterly statistics, and a variety of policy debates, as well as continuing to give the profession a voice on key issues in the media...

A new policy announcement, a Budget submission, a roundtable event and an All-Party Parliamentary Group report on insolvency regulation – as well as continued increased media interest in the profession and its work – made September a busy month for R3’s Press, Policy and Public Affairs Team…

This blog post sets out R3’s response to the APPG’s report and recommendations – including those that could help to make a positive difference to the current framework – while also highlighting some of the areas where we feel the report doesn’t get it right.

As MPs depart Westminster for the summer parliamentary recess, we are taking stock of an important piece of legislation for the insolvency and restructuring profession, and its progress so far through parliament.

The insolvency and restructuring profession plays a fundamental role in the UK economy. Research we published earlier this year showed that, in 2019, the profession rescued 7,200 businesses, returning an estimated £1.82 billion to creditors and saving an estimated 297,000 jobs in the process. It has also helped over 60,000 businesses and 144,000 people by providing qualified advice about the insolvency and restructuring options available to them.

After a year like no other, and with considerable uncertainty remaining about what will happen in coming months, directors and business owners could be forgiven for being unsure about the best path forwards.

From welcoming a new CEO to our Value of the Profession report, a round-up of what R3's Press, Policy and Public Affairs team got up to in May...