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The economic outlook: Back to 2002

Corporate Insolvency
The economic outlook: Back to 2002

19 June 2020

This post looks at some of the economic damage that the COVID-19 pandemic has caused in the UK, following the news that monthly GDP for April 2020 was at a level last seen in the summer of 2002...

Corporate Insolvency and Governance Bill: Second reading in House of Lords

Corporate Insolvency
Corporate Insolvency and Governance Bill: Second reading in House of Lords

10 June 2020

Following on from last week’s debate in the House of Commons, where it passed through all its stages in the lower chamber in one day, the Corporate Insolvency and Governance Bill had its second reading in the House of Lords on 10 June. Read more... 

PPP update: May 2020

Corporate Insolvency
PPP update: May 2020

05 June 2020

The second full month of the lockdown saw the Corporate Insolvency and Governance Bill introduced to Parliament, the first monthly publication of the corporate and personal insolvency statistics, and continued media interest in the profession, its processes and how it has responded to the pandemic.

The Corporate Insolvency and Governance Bill: House of Commons debate

Corporate Insolvency
The Corporate Insolvency and Governance Bill: House of Commons debate

04 June 2020

The Corporate Insolvency and Governance Bill had all of its House of Commons stages on 3 June. Read more on the debate in Parliament here... 

The Corporate Insolvency and Governance Bill: measures and background

Corporate Insolvency
The Corporate Insolvency and Governance Bill: measures and background

03 June 2020

On 20 May, the Government published its Corporate Insolvency and Governance Bill. Once this Bill has become law, it will introduce the biggest reforms to the UK’s insolvency framework for almost twenty years, as well as a series of temporary changes to the corporate governance requirements for companies and other entities...

Monthly insolvency statistics: More of the picture

R3 Blog
Monthly insolvency statistics: More of the picture

27 May 2020

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”.

 

Finance Bill: Concern around insolvency proposal impact

Corporate Insolvency
Finance Bill: Concern around insolvency proposal impact

07 May 2020

Find out more about the Finance Bill 2019-21, which contains two policies which could damage business lending and impede business rescue...

Suspending wrongful trading: The wrong move

Corporate Insolvency
Suspending wrongful trading: The wrong move

09 April 2020

A post setting out the concerns that R3 has over the Government's decision to suspend wrongful trading provisions... 

'Light-touch' administration - A new protocol

Corporate Insolvency
'Light-touch' administration - A new protocol

09 April 2020

An explanation of the draft protocol on the 'light-touch' administration process...

COVID-19/Coronavirus: The Government’s corporate insolvency framework reforms

Corporate Insolvency
COVID-19/Coronavirus: The Government’s corporate insolvency framework reforms

02 April 2020

The Government has announced changes to corporate insolvency law to support businesses through the economic impact of COVID-19. This post sets out R3's views on the new tools for the profession...

James JeffreysJames Jeffreys
Head of Press, Policy and Public Affairs
020 7566 4220
Stuart McBrideStuart McBride
Communications Manager
020 7566 4214
Jo TaconJo Tacon
Communications Officer
020 7566 4203
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