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The Guardian - UK
The Guardian - UK
Business
Rob Davies

Navantia pressing MoD for improved terms in Harland & Wolff rescue deal

Navantia HW Belfast Harland Wolff London Madrid Sky News The Royal Navy
The large yellow cranes of the Harland and Wolff shipyard in Belfast
The Harland & Wolff shipyard in Belfast has been waiting for clarification on its future since the company went into administration in September. Photograph: Paul Faith/AFP/Getty Images

A Spanish state-owned shipbuilder is reportedly pressing the UK government for improved terms on a deal to supply the Royal Navy with three vessels, in talks that could prove key to rescuing the Belfast shipyard that built the Titanic.

Navantia, owned by the Spanish government, is poised to buy Belfast-based Harland & Wolff (H&W) in a deal that could save up to 1,000 jobs.

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