Apparentley according to the article Norton can vave £625,000 each month when they are repaying the loan hence the total of 7.5 million in a year.ZFD said:Back to the main theme- MCN claims this week the bailout, which according to them isn't one, is to the tune of 7.5 million Pounds. A journalist friend called the relevant UK govt press office and they say the underwritten loan is 625 grand and 'absolutely not' £7.5m. They are very vague about how they check companies for creditworthiness- a valid point. Mr.Garners other companies Europlay Trading alias "Klever Kids" (Norton prams) and Fireworks International are in the hands of the receivers as of the 2nd this month. See: http://www.london-gazette.co.uk/issues/ ... ages/14727
Must be quiet in Hungerford as Mr Andover Norton doesn't seem to have anything better to do than to keep bashing Mr Garners company. Anyone would think there is a bit of bad feeling there.