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Skydive Buzz, based in Dunkeswell Aerodome, said it made the “difficult decision” to cease operations and place the company into compulsory liquidation.
Skydive instructor Adam Harrison and Belinda Taylor from Totnes died after their parachute failed to open during the tandem dive on June 13.
A statement on company website said: “It is proposed that the company be placed into compulsory liquidation in due course.
“The Official Receiver should be in contact with creditors and customers to provide an update regarding the closure of the company and the proposed liquidation proceedings.”
In a social media post, Dunkeswell Aerodome said: “We would like to thank our staff, customers and all involved with Sky Dive Buzz…
“RCOM is undergoing Corporate Insolvency Resolution Process as per the Insolvency and Bankruptcy Code, 2016, since over six years,” Reliance Infrastructure said. File
| Photo Credit: Reuters
Reliance Group firms Reliance Infrastructure (RInfra) and Reliance Power (RPower) on Sunday (July 27, 2025) said the Enforcement Directorate (ED) had concluded searches on their premises and that the companies would continue to cooperate with the agency.
Both the Anil Ambani-led group’s companies said they, including their officials, would continue to fully cooperate with the ED. They said that the said action had no impact on their business…
(InvestigateTV) — From credit card balances to daily expenses, millions of Americans are struggling to stay ahead off their debt.
But Matt Schulz, chief consumer finance analyst with LendingTree, said it’s never too late to take action.
He said one strategy worth considering is debt consolidation.
“Debt consolidation can be a really big deal because not only can it streamline things for you, making it to where you only have to make one payment instead of several each month,” Schultz noted. “It can also really save you a significant amount of interest and even really shorten the amount of time it takes to really pay off that debt.”
He said consolidation can make sense for those able to qualify for a lower interest rate than what…
People have been left confused after realising you can donate to bring down the cost of America’s national debt.
Although the concept has been around for a while, people are just finding out that the Treasury Department is accepting donations – via PayPal and Venmo – to chip away at the national debt, which currently stands at $36.7 trillion.
NPR’s Jack Corbett shared a screengrab on X earlier this week, explaining: “You can venmo the United States to help pay off the national debt.”
And people have been left baffled, with many not realising the system existed.
Those who fancy donating simply head to pay.gov where donations can be made via credit card, debit card, PayPal, checking account or savings account. You can also write a cheque via…
The court approves the judicial dissolution of three key companies of the Prax Group following the request of the Official Receiver.
On June 30, 2025, a United Kingdom court issued a formal winding-up order against three Prax group companies: Prax Lindsey Oil Refinery Limited, Prax Storage Lindsey Limited and Prax Terminals Killingholme Limited.
The court appointed official receiver Gareth Jonathan Allen as primary liquidator. Four special administrators from FTI Consulting LLP, Matthew Callaghan, Andrew Johnson, Joanne Hewitt-Schembri and Samuel Ballinger, were appointed to support this process.
According to Argus Media, employees were still working at the time of the court ruling, although future operational…
Disability employment provider Bedford will avoid entering voluntary administration for now, with the state government offering a $15 million lifeline to the organisation.
Premier Peter Malinauskas said a “comprehensive” rescue plan has now been developed to “stave-off” the organisation going into administration.
The support package is a $15 million loan in exchange for the state government taking ownership of one of Bedford’s supported accommodation sites, which is said to be worth $12 million.
Bedford has 22 sites across Adelaide and regional South Australia.
It is understood the organisation employs over 800 staff…