R3 Press Office @R3PressOffice
R3 is the trade body for the UK’s insolvency and restructuring profession. Covering personal/corporate debt and insolvency issues. r3.org.uk London Joined December 2010-
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R3 Chair in Scotland Richard Bathgate of @JC_Accountants was quoted in the Times commenting on yesterday's publication of the annual Scotland #insolvency statistics. You can read it here (paywall): thetimes.co.uk/article/scotti…
In our latest blog, we chat to Asma Iqbal, Equity Partner at @YorkshireLegal about her career in #insolvency and #restructuring, her work with R3's Women’s Group in Yorkshire and R3's Diversity and Inclusion Steering Group, and her career highlights. r3.org.uk/press-policy-a…
On Friday 12th April, 14 past, present, and future R3 Presidents spanning R3’s 30-year history came together for R3’s first 𝗣𝗮𝘀𝘁 𝗣𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝘀’ 𝗥𝗼𝘂𝗻𝗱 𝗧𝗮𝗯𝗹𝗲. In this blog, we highlight just a few of the key takeaways from the session: r3.org.uk/press-policy-a…
Insolvency activity increases again, trade body says bournemouthecho.co.uk/news/24249376.…
An event hosting MPs and Peers, a fresh Spring Budget and work on a new project to understand the evolving landscape of insolvency and restructuring meant another packed month for R3’s External Affairs team in March. You can read more here: r3.org.uk/press-policy-a…
Number of retailers going insolvent 19% to breach 2000 accountancyage.com/2024/04/08/num…
Azets partner joins R3 Yorkshire committee insidermedia.com/news/yorkshire…
The first changes to Debt Relief Orders announced in the Spring Budget come into force today. We talk to Andrew Shore, Assistant Director of Policy at the Insolvency Service, about how the changes will work: gov.uk/government/new…
We sat down with R3’s Vice President Tim Cooper to discuss the #R3AnnualConference2024, the inspiration behind this year’s theme, and why Scotland was the perfect location to bring together #insolvency and #restructuring professionals from across the UK. r3.org.uk/press-policy-a…
Caroline Clark, director of RMCSC and a fellow of the @IPAssociation and @R3PressOffice explains how Regulation 21 of The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 can be beneficial to insolvency practitioners.
From restructuring plans to AI, from networking tips to retaining talent, the 2024 Southern Forum covered all aspects of the insolvency and restructuring profession, and in this blog we uncover just a few key takeaways from the day. You can read it here: r3.org.uk/press-policy-a…
Thames Water hires restructuring advisers theguardian.com/business/2024/…
The number of corporate insolvencies in Ireland are set to surge up to 40 per cent this year as more and more businesses continue to fold in the face of surging costs, higher interest rates and weakening demand businesspost.ie/news/corporate…
Insolvency Service @insolvencygovuk
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The Bankruptcy and Diligence (Scotland) Bill has passed its first vote at @ScotParl. Public Finance Minister @ThomasCArthur highlighted that changes to bankruptcy & debt enforcement would help support people with serious mental health problems. Watch ➡️ bit.ly/SParlTV
Caroline Clark, insolvency compliance consultant, director of RMCSC and a fellow of the @IPAssociation and @R3PressOffice, explains the proposed reforms to insolvency regulation and what impact they could have on insolvency practitioners. #insolvency
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2023 had the highest level of corporate insolvencies since 1993, but only 52 insolvencies for every 10,000 active companies. By contrast the rate was 95 for every 10,000 in 2009. Financial distress is high but current insolvency stats may not be as bleak as they first seem.
APPOINTMENT💼 Bristol-based turnaround and restructuring expert Tim Sloggett has been appointed as the new South West and Wales chair of R3, the UK’s insolvency and restructuring trade body. @R3PressOffice buff.ly/41TohfP
Did you know '22 saw the highest number of company #insolvencies since '09? And in '23, we've seen a 55% increase compared to '22. The prediction for '24 is +6% growth for restructuring & insolvency #law workloads. Discover more in the #GLP Index 2024: ow.ly/th8c50QeoiI
"Glimmers of recovery for East Midlands economy, but steep challenges remain for 2024." Positive #cashflow conditions can only be a positive sign for #EastMidland businesses. eastmidlandsbusinesslink.co.uk/mag/finance/gl…
Thank you @R3PressOffice for hosting our thoughts on HMRC and restructuring plans, following the presentation I gave on "The Practical Effect of the Reinstatement of HMRC as Preferential Creditor" at @ExchangeC recent insolvency conference.
In the latest guest post on the R3 blog, @LisaLinklater KC and @HateemaZia of @ExchangeC look at restructuring plans, and how HMRC’s relationship with them has changed since they were introduced in June 2020: r3.org.uk/press-policy-a…
After an informative update from the Insolvency Service this morning, we look forward to the start of our three breakout sessions. #SPGForum2023 #insolvency #restructuring
A big thank you to this morning's speakers, Nicky Fisher, R3 President, and Stephen Rome, Chair of the SPG Committee for their welcoming address, and to Eddie 'the Eagle' Edwards for his inspiring keynote session. #R3SPGForum2023 #insolvency #restructuring
Corporate insolvencies up nearly 5% year-on-year | @AiB_updates @R3PressOffice scottishfinancialnews.com/articles/corpo…
As a leading provider of education and training to the #insolvency sector, the IPA are proud to support the Richard Turton Award with @INSOLEurope, @INSOLIntl and @R3PressOffice. Richard Turton had a prominent role in the formation and management of the IPA as well as the…
While resilience and adaptation are key to keeping a business open, many business owners we speak to are out of steam. Having a professional on your side - be it an accountant or insolvency practitioner - can be the support many need to keep going.
Our President Nicky Fisher of @HerronFisher was quoted in a piece in Friday's Guardian on the August #insolvency statistics. You can read the article here: theguardian.com/business/2023/… #restructuring #R3
🎉 Some personal news Today I start a new job at @heraldscotland! So excited to join the team covering the biggest stories in Scotland If you’ve got a story, or something you think needs to be covered, let me know!
MANOLETE PARTNERS Plc - key sponsor partner at the R3 Northern Forum in 2023 on 13 Sept. We are absolutely delighted to have some of our Northern team members in attendance. Andrew Cawkwell, Graham Briggs, Jean Boldero, Dominic Vincent. #insolvency @R3PressOffice
Congratulations to Ian Leonard, Director at Interpath Advisory Ireland, who has been appointed Chair of our Northern Ireland regional committee. Our committees support local engagement with the profession and ensure regional views are heard. Learn more: bit.ly/3KwRANG
The Richard Turton Award Panel is pleased to announce that the 2023 winner is Marinela Majnova from North Macedonia. The award is funded by @INSOLEurope, INSOL International, @IPAssociation and @R3PressOffice, in recognition of Richard Turton’s unique role in these organisations.
Do you run a Limited Company? Our new online education hub for company directors is packed with guidance, info and support to help you start your business and keep it on track: gov.uk/guidance/direc…