R3 The Insolvency Trade Body
R3 is the UK's leading trade body for Insolvency Practitioners.
R3 represents 97% of Insolvency Practitioners with members across the UK. We aim promote best practice for people working with financially troubled individuals and businesses.
Insolvency Practitioners are lawyers or accountants who are uniquely qualified to advise on a wide range of insolvency-related matters. They can support people through financial difficulties, be it through stepping in and turning a distressed business around, or helping an individual resolve their personal debt issues.
The insolvency industry helps to save approximately 910,000 jobs a year and provides assistance to businesses with a combined turnover of £132 billion a year.
Latest Press Releases
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- Media statement on voluntary code for credit card companies
- Christmas spending catches up with us in March
- Media statement: Insolvency Service raises cost of bankruptcy by £90
- Ten years of debt slavery for those in Debt Management Plans
- R3 welcomes loosening of entry criteria for Debt Relief Orders to exclude pension funds
- R3 issues consumer store card advice guide
- Record insolvencies are just the tip of the debt iceberg
- Insolvent deals have doubled in a year
- Two-thirds of UK businesses worried about this quarter's outlook
- Ban point-of-sale store card sales to protect the vulnerable, says insolvency trade body
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