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Norton Motorcycle
The Norton Motorcycle Company (formerly Norton Motors, Ltd.) is a brand of motorcycles, originally based in Birmingham, England. For some years around 1990, the rights to use the name on motorcycles was owned by North American financiers. From 2008 to 2020, a line of motorcycles was produced under owner and chief executive Stuart Garner. Due to financial failure with large debts, in April 2020 administrators BDO agreed to sell certain aspects of Garner's business to Project 303 Bidco Limited, a new business established for the purpose with links to Indian motorcycle producer TVS Motor Company. The business was founded in 1898 as a manufacturer of "fittings and parts for the two-wheel trade".Holliday, Bob, ''Norton Story'', Patrick Stephens, 1972, p.11. By 1902 the company had begun manufacturing motorcycles with bought-in engines. In 1908 a Norton-built engine was added to the range. This began a long series of production of single and eventually twin-cylinder motorcycles, a ...
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Ron Haslam
Ronald Haslam (born 22 June 1956) is an English former Grand Prix motorcycle road racer who had been racing for over thirty years, winning two World titles, four British championships and having ridden in almost 110 GPs. Haslam spends much of his time helping his son Leon Haslam in his racing career and previously trained riders and racers alike at his former Race School based at Donington racetrack, Leicestershire. Starting out One of ten siblings from Langley Mill, near the Nottinghamshire/Derbyshire boundary, Haslam started racing in 1972 on a 750cc Norton Commando. At Cadwell Park he finished seventh and eighth in wet and slippery conditions. He raced at handful of meetings in 1972 and 1973. Following the death of his elder brother Phil in a racing accident at Oliver's Mount, Scarborough, in July 1974, he pulled out of the sport for the rest of that season. In 1984 another brother, Terry, was killed racing a sidecar outfit at Assen, the Netherlands. Despite those mi ...
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Birmingham Small Arms Company
The Birmingham Small Arms Company Limited (BSA) was a major British industrial combine, a group of businesses manufacturing military and sporting firearms; bicycles; motorcycles; cars; buses and bodies; steel; iron castings; hand, power, and machine tools; coal cleaning and handling plants; sintered metals; and hard chrome process. After the Second World War, BSA did not manage its business well, and a government-organised rescue operation in 1973 led to a takeover of such operations as it still owned. Those few that survived this process disappeared into the ownership of other businesses. History of the BSA industrial group Machine-made guns BSA began in June 1861 in the Gun Quarter, Birmingham, England. It was formed by a group of fourteen gunsmith members of the Birmingham Small Arms Trade Association specifically to manufacture guns by machinery. They were encouraged to do this by the War Office which gave the BSA gunsmiths free access to technical drawings and to the ...
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List Of Crown Court Venues In England And Wales
In the system of courts of England and Wales, the Crown Court deals with serious criminal charges and with less serious charges where the accused has elected trial at the Crown Court instead of trial at a magistrates' court. The Crown Court also hears appeals against conviction and sentence from magistrates. Background The Crown Court system was established by the Courts Act 1971, which came into force on 1 January 1972, following the recommendations of a royal commission chaired by Lord Beeching. Previously, criminal cases that were not dealt with by magistrates were heard by assize courts and courts of quarter sessions, in a system that had changed little in the preceding centuries. The Crown Court system is administered by Her Majesty's Courts and Tribunals Service, an executive agency of the Ministry of Justice. England is divided into six regions by HMCTS (London, Midlands, North East, North West, South East and Western), with the whole of Wales forming a seventh reg ...
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BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service maintains 50 foreign news bureaus with more than 250 correspondents around the world. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, the BBC also has regional centres across England and national new ...
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ITV News
ITV News is the branding of news programmes on the British television network ITV. ITV has a long tradition of television news. Independent Television News (ITN) was founded to provide news bulletins for the network in 1955, and has since continued to produce all news programmes on ITV. The channel's news coverage has won awards from the Royal Television Society, Emmy Awards and BAFTAs. Between 2004 and 2008, the '' ITV Evening News'' held the title of "RTS News Programme of the Year". The flagship '' ITV News at Ten'' has won numerous BAFTA awards, and also being named "RTS News Programme of the Year" in 2011, 2015, 2021 and 2022. ITV News has the second-largest television news audience in the United Kingdom, second only to BBC News (and followed by other broadcasters such as Sky News, Channel 4 News and Channel 5 News). However, its £43 million annual news budget is dwarfed by that of the publicly funded BBC, which spends £89.5 million annually on news-gather ...
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HM Revenue And Customs
HM Revenue and Customs (His Majesty's Revenue and Customs, or HMRC) is a non-ministerial government department, non-ministerial Departments of the United Kingdom Government, department of the His Majesty's Government, UK Government responsible for the tax collection, collection of Taxation in the United Kingdom, taxes, the payment of some forms of Welfare state in the United Kingdom, state support, the administration of other regulatory Regime#Politics, regimes including the national minimum wage and the issuance of national insurance numbers. HMRC was formed by the merger of the Inland Revenue and HM Customs and Excise, which took effect on 18 April 2005. The department's logo is the St Edward's Crown enclosed within a circle. Prior to the Elizabeth II, Queen's death on 8 September 2022, the department was known as ''Her'' Majesty's Revenue and Customs and has since been amended to reflect the change of monarch. Departmental responsibilities The department is responsible for the ...
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Motorcycle News
''MCN'' or ''Motor Cycle News'' is a UK weekly motorcycling newspaper published by Bauer Consumer Media, based in Peterborough, United Kingdom. It claims to be "the world’s biggest weekly motorcycle newspaper". The title was founded in late 1955 as ''Motorcycle News'' by Cyril Quantrill, a former employee of Motor Cycling, and was sold to EMAP in 1956. Bauer bought Emap's consumer media division in 2008. The brand has expanded to include the MCN website, MCN Mobile, iPhone app, the 'MCN Compare' Insurance Comparison service, MCN London and Scottish Motorcycle Show and the MCN Live! at Skegness party weekend. In 2009, average weekly circulation was 114,304 copies according to the Audit Bureau of Circulations, and 2010 it was 106,446 copies. The figure for 2018 was 56,839. Early years Cyril Quantrill was an employee of ''Motor Cycling'' under famous editor Graham Walker, learning his trade both pre and post-war. The British motorcycle media was traditionally dominated b ...
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Metro Bank (United Kingdom)
Metro Bank plc is a retail bank, retail and commercial bank operating in the United Kingdom, founded by Anthony Thomson and Vernon Hill in 2010. At its launch it was the first new high street bank to launch in the United Kingdom in over 150 years. It is listed on the London Stock Exchange. After a period of rapid growth, Metro Bank hit difficulties in early 2019 when it announced it had insufficient capital to meet regulatory requirements, following the discovery of an error in the way it categorised its commercial loans for capital adequacy purposes. As a result, it had to raise an additional £350m of capital. Concerns over the announcement and the bank's ability to raise the capital resulted in the bank's share price falling by 75% in less than four months, and large depositors withdrawing cash, because of "adverse sentiment". History Metro Bank was granted its licence by the Financial Services Authority on 5 March 2010, the first high-street bank to be granted such a li ...
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Administration In United Kingdom Law
Administration in United Kingdom law is the main kind of procedure in UK insolvency law when a company is unable to pay its debts. The management of the company is usually replaced by an insolvency practitioner whose statutory duty is to rescue the company, save the business, or get the best result possible. It is the equivalent of Chapter 11, Title 11, United States Code, although with significant differences. While creditors with a security interest over all a company's assets could control the procedure previously through receivership, the Enterprise Act 2002 made administration the main procedure. History The Insolvency Act 1986, Schedule B1 contains the procedure for a company entering administration, as updated by the Enterprise Act 2002. It was first introduced following the Cork Report's priorities for transparency, accountability and collectivity and, crucially, fostering a rescue culture for business. Appointment In general the conditions for a court to grant an admin ...
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Donington Park
Donington Park is a motorsport circuit located near Castle Donington in Leicestershire, England. The circuit business is now owned by Jonathan Palmer's MotorSport Vision organisation, and the surrounding Donington Park Estate, still owned by the Wheatcroft family, is currently under lease by MotorSport Vision until 2038. It has a capacity of 120,000, and is also the venue of the Download Festival. Originally part of the Donington Hall estate, it was created as a racing circuit during the period between the First and Second World Wars when the German Silver Arrows were battling for the European Championship. Used as a military vehicle storage depot during the Second World War, it fell into disrepair until bought by local construction entrepreneur Tom Wheatcroft. Revived under his ownership in the 1970s, it hosted a single Formula One race in 1993, but became the favoured home of the British round of the MotoGP motorcycling championship. Leased by Donington Ventures Leisure ...
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Asset Stripping
Asset stripping is a term used to refer to the practice of selling off a company's assets in order to improve returns for equity investors. In many cases where the term is used, a financial investor, referred to as a ' corporate raider', takes control of another company and then auctions off the acquired company's assets. The term is generally used in a pejorative sense as such activity is not considered helpful to the company. The proceeds of the sale of assets may be used to lower the company's net debt. Alternatively, they may be used to pay a dividend to equityholders, leaving the company with lower net worth – i.e. the same level of debt but fewer assets (and weaker earnings) to support that debt. With a lower level of assets, some argue that the business is rendered less financially stable or viable. For example, the sale-and-leaseback of a building would lead to an increased rental bill for the company. Asset stripping is a highly controversial topic within the financial ...
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Manganese Bronze Holdings
Manganese Bronze Holdings plc (MBH) was the holding company of LTI Limited. The firm's sole business in its final years as a company was London black taxicab manufacturing through the LTI subsidiary. The Manganese Bronze and Brass Co was founded in 1881, incorporated in 1882 and originally made ship propellers, operating from factories in London. By World War II, it was also extruding and rolling specialised alloys, and in the 1950s expanded into light alloy product manufacturing. In the early 1960s, it shortened its name to Manganese Bronze and became an important conglomerator of British motorcycle marques. The company acquired the subsidiary Carbodies in 1973, which was involved in the design, development and production of taxicabs. This subsidiary eventually became LTI Limited, and traded first as London Taxis International and then as The London Taxi Company. The sale of its components division in 2003 left the company with LTI Limited as its only operating division. In ...
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