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Breathing Space for individuals – Draft legislation published

R3 Blog
Breathing Space for individuals – Draft legislation published

28 August 2020

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... 

R3’s member survey on personal insolvency and COVID-19: Storm on the horizon

R3 Blog
R3’s member survey on personal insolvency and COVID-19: Storm on the horizon

12 August 2020

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...

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: Update on Government support for the self-employed

R3 Blog
COVID-19/Coronavirus: Update on Government support for the self-employed

27 March 2020

In his statement on 26 March, the Chancellor announced a package of support tailored at self-employed people. Here are R3's thoughts...

COVID-19/Coronavirus: Personal finance and insolvency

R3 Blog
COVID-19/Coronavirus: Personal finance and insolvency

25 March 2020

A selection of advice and information for people in financial distress, given by R3’s Personal Insolvency Committee...

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: Government support for workers

Corporate Insolvency
COVID-19/Coronavirus: Government support for workers

23 March 2020

Talk Money Talk Pensions Week 2019

Personal Insolvency
Talk Money Talk Pensions Week 2019

18 November 2019

Every year, Talk Money Talk Pensions Week (18-22 November 2019) offers the UK an opportunity to discuss personal finances: our attitudes towards money, good (and bad!) habits, and hopes for the future. 

Young people and personal insolvency: Rates creeping upwards

R3 Blog
Young people and personal insolvency: Rates creeping upwards

28 August 2019

Between 2015 and 2018, the rate of young people (aged 18-24) entering a form of personal insolvency rose by 110%, while the number of personal insolvency cases among under 25s rose by 104%. Over the same period, the rate of personal insolvencies for people of all ages rose by 42%, and the total number of cases rose by 45%.

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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