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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...

R3’s member survey on corporate insolvency and COVID-19: The profession’s experience so far

R3 Blog
R3’s member survey on corporate insolvency and COVID-19: The profession’s experience so far

13 July 2020

R3 surveyed our members in early to mid May, to find out how the profession was finding levels of demand for its services, on both the personal and the corporate insolvency fronts...

R3’s Press, Policy and Public Affairs Update June 2020

R3 Blog
R3’s Press, Policy and Public Affairs Update June 2020

03 July 2020

Read an update on everything R3's Press, Policy and Public Affairs team have been up to in June 2020...

Legislative update: The Corporate Insolvency and Governance Bill and the Finance Bill

R3 Blog
Legislative update: The Corporate Insolvency and Governance Bill and the Finance Bill

22 June 2020

Two key Bills are currently approaching the end of their legislative journey: the Corporate Insolvency and Governance Bill, and the Finance Bill.

The economic outlook: Back to 2002

R3 Blog
The economic outlook: Back to 2002

19 June 2020

Cast your mind back to 2002. The top-grossing film of the year was The Lord of the Rings: The Two Towers, while "Anything is Possible"/"Evergreen" by Will Young was the UK’s best-selling music single; Tony Blair was still the Prime Minister; Crocs and velour tracksuits were the height of fashion; Arsenal won the men’s Premier League, while Brazil’s men’s team won the football World Cup, hosted by Japan and South Korea; and monthly GDP was at around the same level as it was in April 2020, according to figures released by the ONS last week.

 

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

R3 Blog
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

R3 Blog
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

R3 Blog
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

R3 Blog
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...

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