Press, Policy & Research
R3 Blog

 

What next for the COVID-19 financial support schemes?

Government & Industry
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

Government & Industry
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...

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”.

 

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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