Interesting story from Harland & Wolff,
Labour government is giving grants of £300 million to Chinese and Indian companies and refusing a far smaller £200m loan guarantee to H & W arguing that it cannot risk taxpayer money on ‘a company that has been treading water for years ?
@LeeHarr6616@jreynoldsMP The Govt needs to restore market confidence by investing in UK industry rather than scuppering it. @jreynoldsMP needs to learn a swift lesson and get behind UK shipbuilders before there's none left.
@jreynoldsMP - do the right thing by supporting H&W. The co rebuilt at no cost to tax payers needs a u turn. Not a bad gov decision!
#SaveHarlandandwolff
Ministers would be right to have a sinking feeling over Harland & Wolff
https://t.co/JwldGdd5Jj
400 H&W staff shareholders in H&W Plc are being stitched up and hung out to dry by @GOVUK who want their business sold to the Babcock/BAE duopoly - or Spain! #Only in Britain
UK Govt duplicity at its worst! Deny H&W a loan guarantee but use public money to 'lubricate' a takeover by Babcock? Monopolies Commission needs to 👀 at this!
Harland & Wolff collapse is a body blow to the nation: ALEX BRUMMER https://t.co/8QOVjus2qB via @ThisIsMoney
@NavyLookout@gregbagwell H&W asked to have its lending guaranteed to enable it refinance in the UK and continue the dynamic progress it's made in the last five years. The only thing unsound is the decision not to support it at no cost to taxpayers.
#SaveUKjobs#SaveHarlandandWolff
Who says H&W future business plan is unsound? They hold £700M worth of the contract for FSS for starters.
More broadly H&W is a national strategic asset. Without using foreign yards, there is not enough UK shipyard capacity to build the larger ships in the shipbuilding pipeline - MRSS and Strategic Sealift vessels for starters
How do you propose to support the renewables industry on the coasts of Scotland when @labour refused a guarantee to the yards with the capacity to build in the UK? It's in your gift your to solve it now!
#SaveUKjobs#SaveHarlandandWoolf
https://t.co/JxrDb3e0sY
4/ The only long term solution to achieve energy independence is to sprint towards clean, homegrown power.
That’s why we are moving at pace to deliver on our mission for clean power, by lifting the onshore wind ban, consenting solar and getting more renewable projects built.
🇩🇪German govt to nationalise cruise ship builder Meyer Werft to avoid bankruptcy.
Meanwhile UK govt refuses to bail out @HarlandWolffplc critical to naval shipbuilding.
https://t.co/yaybyy2KqR
Nothing to see here - old news! What would have been a game changer is if you had given a guarantee to enable Harland and Wolff to continue in Stornaway, Methil, Devon and Belfast.
#SaveHarlandandWolff
We're toasting success today as @jreynoldsMP celebrated Scotch Whisky’s newly protected status in Brazil at @Glengoyne Distillery 🥃
More: https://t.co/H0yZ53F5Sw
See! This is how EU supports its shipbuilding!
Not a tough decision to sink Harland &Wolff @jreynoldsMP@RachelReevesMP - a stupid one! It wasn't even going to cost you money......
#SaveHarlandandWolff
Bailout to keep Germany’s largest shipyard afloat
https://t.co/pEHqPCHfuk
Scotland needs H&W jobs and yards to secure UK hopes of achieving green energy goals. Was it a tough decision @RachelReevesMP to knowingly put our energy security and economy at risk?
#SaveUKjobs#SaveHarlandandWolff
https://t.co/CzbHrwMusc
Rejecting Harland & Wolff's need of a life belt was the action of a wus @RachelReevesMP. A UK lifeguard would have saved H & W, UK jobs, and our shipbuilding capacity.
#SaveUKjobs#SaveHarlandandWolff
Morten Morland Sunday Times cartoon: August 18, 2024
https://t.co/m18ESSX8Yn
@thetimes OK as far as it goes but Belfast, Appledore, Arnish and Methill apprentices, employers and allied trades aren't celebrating and UK shipbuilding is being scuppered yet again.
#SaveUKjobs#SaveHarlandandWolff
https://t.co/KjzEUE9Qlm