R3

The number of Scottish firms facing insolvency is expected to increase sharply as government loans require to be paid. R3, trade body for insolvency and restructuring accountants, said the first quarter of 2021 had seen a sharp fall in companies and individuals becoming bankrupt.

Corporate insolvencies may increase this winter, with new research from the insolvency and restructuring trade body R3 indicating that a steep rise may start as early as this October. The R3 research – based on a member survey of insolvency and restructuring professionals – highligh

The Scottish arm of insolvency and restructuring trade body R3 has issued an eight-point checklist to help owner/managers across the region deal with the impact of the coronavirus pandemic on their businesses. The organisation’s members, who include insolvency practitioners, lawyers, and