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.

A brief overview of the new business rescue procedures introduced by the Corporate Insolvency and Governance Act, and the existing corporate insolvency landscape...

R3 was mentioned numerous times during the passage of the Corporate Insolvency and Governance Act and the Finance Act. Watch our video on R3's campaign against Crown Preference to see these mentions in action.

We outline R3's concerns around proposals contained in Ofgem's Supplier Licensing Review consultation, which closed on 20 August...

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 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...

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

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

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...