Press Archive 2010

36 articles

  1. 13/12/2010

    R3 comments on the UK Pension Regulator and Nortel ruling

    “Today’s ruling could have consequences for the UK’s business environment and highlights a conflict between insolvency and pension law. Judge Michael… Read more

  2. 08/12/2010

    Over 4 million people fear redundancy

    More than four million people (4,258,737) fear being made redundant according to R3’s quarterly personal debt tracker – an increase of 50 percent over the… Read more

  3. 02/12/2010

    Insolvency Service Statistics Q3 (personal and corporate insolvency)

     “With corporate insolvency numbers down 20% across the board compared to the same quarter a year ago, we are clearly not following typical post-recessionary… Read more

  4. 25/11/2010

    Over forty percent of businesses say banks are supportive

     A survey of business owners reveals that over forty percent (44%) of them believe that the banks have been broadly supportive over the last three months to… Read more

  5. 12/11/2010

    Time to Pay squeeze to hit vulnerable businesses hardest in 2011

     New research which looks at the challenges facing businesses in 2011 found that almost a third (29%) of insolvency experts think that a squeeze of the Time to Pay… Read more

  6. 10/11/2010

    R3 responds to amendment of eligibility criteria of debt relief orders (DROs)

     “We welcome Ed Davey’s announcement yesterday of proposals to reform the Debt Relief Order (DRO) regime, allowing debtors with an approved pension… Read more

  7. 29/10/2010

    Business Payment Support Service (Time to Pay): October 2010

    “The number and value of Time To Pay arrangements has decreased dramatically during 2010, reflecting more favourable conditions for businesses post-recession. The… Read more

  8. 20/10/2010

    Steven Law, R3 President (insolvency trade body) comments ahead of comprehensive spending review:

    “30% of small businesses say they are "very reliant" or "fairly reliant" on public sector contracts and 10% of all small businesses say they… Read more

  9. 28/09/2010

    Media Statement on OFT warning to Debt Management Companies

    “R3 welcomes the OFT’s decision to address an issue many people face when looking for a viable debt solution. It is hard for a vulnerable debtor to… Read more

  10. 28/09/2010

    Ed Miliband’s constituency in top twenty for personal insolvency

    A new map showing levels of personal insolvency by constituency reveals that Doncaster North, new Labour leader Ed Miliband’s constituency, came sixteenth on a list… Read more

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