Reported Live in Belfast
by SkyNewsHD Business Report 4:30PM
[Shipbuilding company Harland and Wolff
has confirmed the business is to be
placed into administration for
the second time in five years.
Insolvency practitioners Teneo
are being lined up to act as administrators
and some "non-core"
staff are being made redundant.
However, the company’s board said
there was a "credible pathway" for its
four shipyards to continue trading
under new ownership.
Its main yard is in Belfast,
best known for building the Titanic,
with other operations at
Appledore in England and Methil
and Arnish in Scotland.]
https://www.bbc.co.uk/news/articles/crkddrv7v2po