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.
Bus services north and south face disruption later
Bus Vannin says a number of its services may face disruption this evening.
Wildlife Trust unveils woodland plans
The Manx Wildlife Trust has submitted a planning application for a new woodland in the northeast of the Island.
Deadline looms for by-election nominations
Time's running out to get your forms filled in if you'd like to stand as a commissioner in Marown.
Biker in UK hospital after Mountain crash
Police are appealing for witnesses to come forward after a crash on the Mountain Road yesterday afternoon.
Trial event closes roads in Peel and Ramsey
There'll be road restrictions in Peel and Ramsey during a motorsport event this weekend.
Requisition meeting for Garff voters
A requisition meeting will be held in Maughold next month.
Castletown police station could be yours... for £250,000
Fancy owning a landmark building in the south of the Island?
Brewery advertising for operator for landmark Laxey pub
Could you run one of Laxey's best-known pubs?
