A motorbike firm which said the UK would thrive outside of the European Union has gone into administration just days after the divorce was officially settled.
Norton Motorcycles has hit the rocks after reportedly struggling to pay a tax bill, with the owner also blaming Brexit uncertainty for the firm’s demise.
In September 2018 Stuart Garner had claimed he had no fears about Brexit, saying that it would be a “huge opportunity” to negotiate trade deals around the globe.
He claimed that the UK was better prepared for Brexit than the media would have us believe.
“It’s what the country voted for so let’s get on with it,” he told the Leicester Mercury.
Commenting on the future for his iconic British business, he said: “I believe we will thrive outside the EU. There may be some short-term speed bumps but we’ll come out of it stronger.
“We’re a strong-willed nation and will make it succeed.”
He added: “And I don’t buy the media line that we are unprepared for Brexit.”
A year ago, Stephen Barclay, the outgoing Brexit Secretary, said Norton was an example of a “great business” that would thrive when Britain leaves the EU.
Related: Dominic Raab backed efforts to “defend media freedom” just days before press walk out
much as I detest |brexit, I read the whole story in another news source a few days ago, and it seems there was at the very least massive financial mismanagement with the possibility of fraud and illegal use of money conned from pension funds and then a tax bill because the company hadnt paid any tax for years even though it knew it had to. Blaming brexit really is stretching the truth to fit an agenda.
Are you sure your not talking about Jacob Rees-Mogg.
Yes I agree Priscilla thats my understanding of the situation that has befallen Norton but its just too easy to blame it on Brexit by te biased media.
Yes biased media is a big problem. I think I’ll have to switch to the Mail or the Sun. Oh hang on…..
That is the kind of person/company that supported Brexit in the first place, so they are inextricably interlinked. It is disingenuous to blame Brexit, but it is salutary to look at those in power who pushed for Brexit, and spread glowing lies about Britain’s future under Brexit.
Misinformation – the issue is far more to do with leaky gaskets and terrible build quality than Brexit. Fake news.
So apparently there is much more to this story than Brexit. Seems appropriate, as there was always much more to Brexit than it being a “huge opportunity” to negotiate trade deals around the globe.