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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

Corporate Insolvency
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...

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

Corporate Insolvency
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.

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”.

 

COVID-19/Coronavirus: Links to support and advice

Corporate Insolvency
COVID-19/Coronavirus: Links to support and advice

24 March 2020

A list of sources of advice and support for businesses and individuals affected by the coronavirus/Covid-19...

COVID-19/Coronavirus: Advice for businesses

R3 Blog
COVID-19/Coronavirus: Advice for businesses

18 March 2020

The COVID-19 pandemic has already made sweeping changes to how the UK does business. With great uncertainty as to how long the changes will last and whether or not they will permanently change the business landscape, R3 has compiled some advice for businesses...

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