Bike manufacturer Norton Motorcycles has gone into administration.
According to Sky News, the Leicestershire-based firm has appointed administrators BDO after reports it was having trouble paying its tax bill which is believed to stand at around £300,000.
The company, which was founded in 1898, has been a part of the TT for several years with the likes of John McGuinness and David Johnson riding for the outfit.
The organisation was bought by entrepreneur Stuart Garner in 2008.
Stop falsely accusing youngsters of vandalising skate park!
Castletown commissioners say there's no vandalism in a skate park in the town - and are asking people to stop wrongly accusing children.
Plans to make northern school more accessible
The Department of Education says it wants to make a school in the north of the Island more accessible.
Government fully committed to min wage rise
Chief Minister Alf Cannan says the government is fully committed to a 9.9 per cent rise in the Island's minimum wage.
Airport director apologises for 'unusual circumstances' which returned flight
The airport director's apologised for the 'unusual circumstances' which meant an easyJet flight had to return to Liverpool over the weekend, despite landing at Ronaldsway.
Garage staff get body cams to tackle abuse and theft
An Island filling station company says it'll try out bodyworn cameras to help deter shoplifting and verbal abuse against its staff.
Manxman expected in Heysham around midday, says Steam Packet
The Steam Packet Company says the Manxman should arrive in Heysham shortly after midday following an incident earlier.
Carbon literacy training is for legal requirements, says DEFA
The Department of Environment, Food and Agriculture says carbon literacy training for its staff means they can meet legal requirements.
Manxman returns to port following medical emergency
The Manxman's had to return to Douglas because of a medical emergency on board.
