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Harland & Wolff: Business Secretary to make statement on Monday

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The company had applied for a £200m government loan guarantee, seen as vital for its financial stability.

BBC News NI Economics & Business EditorThe Financial Times has reported that the company is seeking fresh funding from its main lender

There is a growing expectation that the government will reject the application from the heavily loss making firm. The Financial Times has reported that the company is seeking fresh funding from its main lender, Riverstone.Harland and Wolff was bought out of administration in 2019 and in 2022

 

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