Stuart Garner

  • Norton Motorcycles: Stuart Garner ordered to return missing £14 million pension fund

    Norton Motorcycles: Stuart Garner ordered to return missing £14 million pension fund

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    The Pensions Ombudsman has ruled that ex-Norton boss Stuart Garner acted ‘dishonestly’ – and ordered him to repay an estimated £14 million in pension contributions. An investigation took place after 30 members of three retirement funds which Garner set up and ran revealed he had repeatedly failed to return their funds when they were due.…

  • Norton collapse: MPs raise question over pensions scheme

    Norton collapse: MPs raise question over pensions scheme

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    Questions have been raised in parliament over whether regulators should have got involved sooner in investigating the pension scheme set up by Norton Motorcycles and Stuart Garner. Norton owner Garner was a trustee of three pension schemes all of which were linked to the motorcycle company. And now MPs from the Work and Pensions Committee…

  • Norton collapse: change.org petition started calling for Stuart Garner to be questioned by the Government

    Norton collapse: change.org petition started calling for Stuart Garner to be questioned by the Government

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    A petition has been set up calling for Norton boss Stuart Garner to be questioned over his conduct with the beleaguered British motorcycle firm and his part of an ongoing pensions investigation. Garner’s Norton Motorcycles was put into administration at the end of January by Metro Bank over a £300,000 tax bill to HMRC. On…

  • Norton collapse: Stuart Garner does not show up at pensions hearing

    Norton collapse: Stuart Garner does not show up at pensions hearing

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    Allegations made by the pension fund members whose money was tied up in Norton shares were heard yesterday (Thursday) by the pensions ombudsman – but Norton owner Stuart Garner failed to attend the meeting even though he was scheduled to do so. Garner was meant to show up to answer claims from 30 separate members…

  • Norton collapse: Administrator’s report shines light on the numbers

    Norton collapse: Administrator’s report shines light on the numbers

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    Norton’s Administrators, BDO have compiled a report into the state of Norton Motorcycles and the report makes for interesting reading. In light of the company going into Administration last month there have been calls by frustrated customers, suppliers and now MP Meg Hillier for more clarity to come out about what’s been going on at…

  • Fancy OWNING a part of Norton Motorcycles? Well now YOU can.

    Fancy OWNING a part of Norton Motorcycles? Well now YOU can.

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    Norton Motorcycles has just announced it’s going to be offering the public the chance to invest in the British brand. And you can get involved. Norton’s CEO Stuart Garner has taken to Twitter to appeal for potential shareholders to get in touch. At this stage, there’s been no official breakdown of what’s involved or how…

  • Norton’s Stuart Garner: “Brexit has kicked us up the backside.”

    Norton’s Stuart Garner: “Brexit has kicked us up the backside.”

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    The big boss of the British firm has spoken to Sky News about what leaving Europe really means for the revived brand. In the exclusive interview by Adam Parsons, which you can see in full HERE, Garner say he’s changed his mind on the Brexit issue. Norton’s chief executive says that he voted remain on…

  • Norton opens new Technical Academy amid plans for a completely British-made motorbike

    Norton opens new Technical Academy amid plans for a completely British-made motorbike

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    Plans for an all-new British-made motorbike have taken a step forward with the opening of the new Norton Technical Academy in Leicestershire, which aims to train up to 300 young engineers over next couple of years. Norton is recognised around the world as a quintessentially British brand, and CEO and owner Stuart Garner has a…

  • Norton Motorcycles receive boost from the bank!

    Norton Motorcycles receive boost from the bank!

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    Norton Motorcycles is scaling up production and hiring 40 more staff, thanks to a £3 million boost from Santander. Last year we showed you some behind the scenes snaps of the new Norton factory in Castle Donington – they showed a relatively small scale production line with a pretty limited capacity, but that’s all about to change. The factory currently…

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