The R3 North West New Professionals Group, which organises networking events for insolvency and restructuring professionals in the early stages of their career, has appointed Amy Lowden-Brown as its new …
Tag Archives: R3
Personal insolvencies reach seven-year high
The number of personal insolvencies reached 115,299 in 2018 – an increase of 16% on the previous year and the highest annual total since 2011, according to figures from the …
10% rise in business insolvencies
The number of corporate insolvencies rose by 10% in real terms in 2018 compared to the previous year, according to figures released today by the government’s Insolvency Service. They show …
Survey reveals debt struggles for North West firms
One in six (16%) North West companies is just paying the interest on its debts, rather than repaying the debt itself, according to new research from the insolvency and restructuring …
1 in 3 in North West would struggle to pay an unexpected £50 bill
One in three North West adults (32%) would find it somewhat difficult, very difficult or impossible to pay an unexpected bill of £50 immediately, without assistance from an external source, …
Figures reveal sharp fall in North West businesses number
The number of active businesses in the North West fell by almost 5,000 in December, according to research by insolvency and restructuring trade body R3. The sharp drop – which …
Pub numbers fall but jobs increase, new figures show
Almost one in four UK pubs have closed in the past decade with smaller, rural pubs being the worst affected, according to new figures from the Office of National Statistics. …
Northern firms have highest insolvency rates, new figures show
Northern businesses have the highest insolvency rates in the country, according to new government figures which give a regional breakdown of insolvencies for the first time. The figures, released today, …
Business rates and Brexit uncertainty increases insolvency numbers
The number of business insolvencies rose again in the third quarter – with business rates, uncertainty over Brexit and traffic congestion being partly to blame, according to the insolvency and …