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.

The Value of the Profession survey, a response to a consultation on insolvent energy companies, media enquiries and preparing two new campaigns kept the Press, Policy and Public Affairs team busy in August…

The draft legislation for the breathing space scheme has been published - this post sets out how it may look in practice, and R3's support for the measure to help people in debt find an appropriate solution... 

A closer look at the results of R3’s member survey on COVID-19, which found that the majority of respondents expect a spike in personal insolvency numbers towards the end of this year, and the start of 2021...

Read all about what R3's Press, Policy and Public Affairs team got up to in July, from lobbying to media engagement...

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...

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...

The first full calendar month operating under lockdown has been a busy one for R3’s Press, Policy and Public Affairs team, as we adjusted to new patterns of working, handled a variety of media enquiries, and engaged with politicians on issues of interest to the profession.