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.
MHK queries cost of Liverpool awards trip
Questions about the cost of attending a business award night on Merseyside will be raised this week.
DOI says it has 20 empty public sector homes
The Department of Infrastructure says it has just 20 empty homes for public housing tenants.
Marquee plan submitted by Milntown Estate
A landmark house in Ramsey could be getting a marquee for summer, if planners give the green light.
Fire crews called to free driver from crashed car
Firefighters spent around 45 minutes helping cut a driver free from their car this morning.
Manx Museum celebrates 10 years of UNESCO Biosphere status
A new exhibition has opened at the Manx Museum celebrating the Isle of Man’s 10 years as a UNESCO Biosphere.
Volunteer wanted to help monitor Island's prison
Do you have what it takes to monitor an Island prison?
MHK asks if families should get help with UK parole travel costs
Should taxpayers help families attend UK parole hearings?
Peel RNLI honoured for lifesaving actions at sea
Peel lifeboat volunteers have been awarded for their lifesaving actions at sea.
