PM says financial support for Harland & Wolff ‘under review’
The Government has decided not to offer financial support to the troubled Belfast shipbuilder over concerns of losing public money.
Published
The market is “best placed” to deal with financial difficulties faced by Harland & Wolff, the Prime Minister has said.
The Government has decided not to offer financial support to the troubled Belfast shipbuilder over concerns of losing public money.
The company, which is part of a consortium that landed a major contract to build new Fleet Solid Support ships for the Royal Navy, had applied for a £200 million loan guarantee from the Government as part of efforts to restructure its finances.
