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We look at the newly-published Bill proposing to give the Insolvency Service greater powers to scrutinise the directors of dissolved companies...
As the Recovery Loan Scheme Replaces BBLs, Keith Tully, Partner at Real Business Rescue, looks at the danger of debt loading…
We look at the Government's wide-ranging consultation on audit, and consider how the proposals will affect directors' responsibilities and corporate governance standards...
The Government's recently published response to its consultation on Companies House's anti-fraud procedures contains a lot to celebrate, along with a few areas where we believe more action is needed...
On May 15th, for the first time, the Insolvency Service (IS) released monthly figures for corporate and personal insolvencies (NB: corporate: England & Wales, Scotland; personal: England & Wales). The IS said that it was publishing on a monthly (rather than quarterly, as previously) basis “to provide more up to date information on the numbers of companies and individuals who are unable to pay debts and enter a formal insolvency procedure as the coronavirus (COVID 19) pandemic continues”.
R3 members can provide advice on a range of business and personal finance issues. To find an R3 member who can help you, click below.
R3 — RESCUE RECOVERY RENEWAL
R3 is the trade association for the entire community of the UK's insolvency and restructuring professionals, whatever the size of their practice, their experience or their specialism. Our members promote economic regeneration, resolve financial distress for businesses and individuals, save jobs, and create the confidence and public trust which underpin trading, lending and investment.