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The Guardian - UK

Business

Jasper Jolly

Titanic shipyard owner Harland & Wolff awaits news of funding lifeline

Harland Wolff HW Belfast United States

two huge yellow cranes loom over the water at the shipyard with industrial buildings in the background against a grey sky — Harland & Wolff has been investing in recruitment at its Belfast shipyard as well as its sites in Devon and Scotland. Photograph: Paul Faith/AFP/Getty Images

Harland & Wolff, the owner of the Belfast shipyard that built the Titanic, has insisted that it is still awaiting a government decision on a £200m intervention despite signs that Labour is due to reject the financial lifeline.

The company is presenting an early test of the Labour government’s industrial policy, with 1,500 workers fearful the company is running out of time to secure funding needed to make it ready to build three warships for the Royal Navy.

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