Introduce breathing space to help turn more companies around, says R3 North East chair
Struggling companies should be given up to six weeks free from creditor pressure to plan a recovery or rescue, according…
Charity insolvencies set to rise as sector faces ‘perfect storm’
The number of North East charities facing insolvency could rise in the year ahead as the voluntary sector faces a…
Sluggish Start to the Year for North East Manufacturing
The North East manufacturing industry has made a sluggish start to 2016, but there's better news elsewhere in the regional…
Half of insolvency practitioners see HMRC as unhelpful for business rescue
Over half (54%) of insolvency practitioners believe that HMRC makes it harder to rescue businesses than wind them up, according…
Year-on-Year drop in Insolvency Risk for Majority of North East Industries
The gradual improvement in the North East economy has been supported by new research showing that the risk of regional…
Australian Harrold Takes Over As Regional Chair Of Insolvency Trade Body R3
An Australian who has made the North East his home has taken over as the new chair of the regional…
Positive end to 2015 as North East Industries climb National Insolvency Rankings
New research has shown that the North East economy ended 2015 on a positive note with almost all its key…
North East ‘Zombie businesses’ returning to the land of the living
The march of the zombies across the region appears to be slowing to a crawl, according to new research by…
North East Retailers Ready for a Happy Christmas as Sector Insolvency Risk Falls
North East retailers are looking forward to a happy and successful Christmas after new research showed a drop in the…
Almost half of adults in the region believe insolvency ‘stigma’ has fallen – R3
Just under half (45%) of adults across the region believe the ‘social stigma’ attached to entering an insolvency procedure has…
R3 North East Comment On New Corporate Insolvency Statistics
The numbers of corporate insolvencies continue their long and slow decline since their peak in the recession. Although this week’s…
North East Hotel Sector Bounces back as Insolvency Risk Falls
A series of high profile regional events has helped the North East hotel sector bounce back from a tough summer…
Regional insolvency practitioners help to save two in five insolvent firms
More than two in five insolvent companies across the north of England have been rescued with the help of the…
Teesside Law Firm Issues Warning ahead of Insolvency Law Changes
Teesside’s leading commercial legal firm is advising people to be aware of new rules regarding bankruptcy and insolvency which come…
North East Insolvency Risk Falling
Operating conditions in a range of North East industries are continuing to improve, but the picture isn't rosy right across…