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The company, initially registered on Manchester's Ducie Street, has been closed downJosh Pennington Content editor06:12, 06 Oct 2025Ducie Street, ManchesterA
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The Australian government has made a striking move by implementing a 20% reduction in HECS debt. This policy promises to relieve financial pressure for around three million Australians, averaging a $5,520 decrease per person. As education costs rise, this student loan relief effort aims to ease the burden on graduates, affecting both their financial health and spending capabilities.
Understanding the HECS Debt Reduction
The HECS debt reduction is a timely response to ongoing concerns about rising student debts. The average Australian university graduate leaves with a significant financial burden, often taking years to repay. By cutting these loans by 20%, the government is addressing both immediate financial strain and broader economic…
BERLIN (Reuters) – The number of German business insolvencies registered in the first half of the year jumped 12.2% from a year earlier, the statistics office said on Thursday, highlighting the challenges for Chancellor Friedrich Merz’s government in its efforts to revive economic growth.
Final results showed that local courts registered a total of 12,009 insolvencies in the first six months of 2025.
“The crisis continues and costs us jobs, value creation, and entrepreneurial potential every day,” said Volker Treier, chief analyst at the German Chamber of Commerce DIHK, adding that after two years of economic contraction many companies’ liquidity was strained.
The company, initially registered on Manchester’s Ducie Street, has been closed down
Josh Pennington Content editor
06:12, 06 Oct 2025
Ducie Street, Manchester
A dodgy Manchester firm has been shut down after investigations revealed it was acting as a front to enable unlicensed insolvency activities.
Davis Acquisitions Ltd became the director of 78 client companies previously associated with Save Consultants Ltd, allowing directors to transfer control and avoid formal insolvency proceedings.
Websites of both companies promised directors they could “leave their debts behind” and avoid “difficult insolvency proceedings” by selling their companies within 48 hours.
However, the services they were offering bypassed legitimate procedures…
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A Manchester Company that helped failing businesses avoid legitimate insolvency procedures has been shut down
Davis Acquisitions Ltd first based in Ducie Street before moving to Moston Lane became the director of 78 client companies previously associated with Save Consultants Ltd, allowing directors to transfer control and avoid formal insolvency proceedings.
Websites of both companies promised directors they could “leave their debts behind” and avoid “difficult insolvency proceedings” by selling their companies within 48 hours.
However, the services they were offering bypassed legitimate procedures that protect creditors and ensure proper scrutiny of director conduct.
The proposed acquisition involves a 100 per cent stake in JAL by Dalmia Cement (Bharat) Ltd, a wholly owned subsidiary of Dalmia Bharat Ltd.
The Competition Commission of India (CCI) has approved Dalmia Bharat’s proposal to acquire Jaiprakash Associates Ltd (JAL), which is undergoing corporate insolvency resolution. As per PTI, the clearance is a statutory requirement under the Insolvency and Bankruptcy Code (IBC) for the submission of resolution plans to the Committee of Creditors (CoC).
Resolution process sees multiple bidders
The proposed acquisition involves a 100 per cent stake in JAL by Dalmia Cement (Bharat) Ltd, a wholly…
