Press, Policy & Research
R3 Blog

 

PPP Update: September 2021

R3 Blog
PPP Update: September 2021

14 October 2021

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…

 

What happens when an energy supplier becomes insolvent?

R3 Blog
What happens when an energy supplier becomes insolvent?

13 October 2021

Warnings of an ‘energy crisis’ have dominated media headlines recently, with surging wholesale energy prices leading to the failure of nearly ten energy providers in September, and others reporting signs of serious financial distress.

 

The Fair Business Banking APPG’s insolvency report: R3’s views

R3 Blog
The Fair Business Banking APPG’s insolvency report: R3’s views

22 September 2021

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.

Press, Policy and Public Affairs Update: July

Corporate Insolvency
Press, Policy and Public Affairs Update: July

06 August 2021

The final three weeks before the start of the parliamentary summer recess were busy ones for R3’s Press, Policy and Public Affairs Team, with a range of consultations, parliamentary appearances and briefings to deliver and prepare for – as well as continuing to give the profession a voice on key issues in the media…

 

What next for the COVID-19 financial support schemes?

Corporate Insolvency
What next for the COVID-19 financial support schemes?

07 May 2021

As lockdown restrictions lift and the UK gradually returns to normality, many businesses will soon face a new challenge – repaying the Government-backed COVID-19 business loans that have helped to keep them afloat in recent months.

DRO monetary eligibility consultation: Welcome proposals to help more individuals in debt

Government & Industry
DRO monetary eligibility consultation: Welcome proposals to help more individuals in debt

04 March 2021

The Government's consultation proposing to raise monetary limits on the criteria for obtaining a Debt Relief Order are welcome, but barriers to accessing the debt solution remain. Read a summary of our response to the consultation here...

Pre-pack reforms: R3’s response to the latest Government proposals

R3 Blog
Pre-pack reforms: R3’s response to the latest Government proposals

24 November 2020

The Government's recent pre-pack reforms could help to improve confidence in pre-packs, but there are two key issues with the draft regulations which risk undermining this. A summary of our response to the reforms can be read here.

Late payment on the agenda

Corporate Insolvency
Late payment on the agenda

23 October 2020

The Government’s recently-announced consultation, “Increasing the scope and powers of the Small Business Commissioner”, is seeking responses on how the powers of the Small Business Commissioner can be expanded in order to deal more effectively with late payment.

 

Royal Assent for the Finance Bill – but R3's opposition to Crown Preference continues

R3 Blog
Royal Assent for the Finance Bill – but R3's opposition to Crown Preference continues

23 July 2020

Wednesday 22nd July saw the Royal Assent of the Finance Bill 2019-21, which will mean that from 1st December 2020 HMRC will become a secondary preferential creditor in insolvencies, a move that R3, and the UK insolvency and restructuring profession, believe will damage the UK’s carefully cultivated business rescue culture...

James JeffreysJames Jeffreys
Head of Press, Policy and Public Affairs
020 7566 4220
Stuart McBrideStuart McBride
Communications Manager
020 7566 4214
Giorgio ButtironiGiorgio Buttironi
Public Affairs Manager
020 7566 4227
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