https://archive.ph/2024.07.19-172627...ding-6f8dm66gm
Boss steps down as Harland & Wolff seeks emergency funding
John Wood takes ‘leave of absence’ after new government declines to guarantee loan
The struggling Belfast-based shipbuilder Harland & Wolff has overhauled its board, fast-tracked emergency talks with its main lender and appointed Rothschild as an adviser after the government rejected a £200 million loan guarantee.
Amid mounting concern over the future of the company and its 1,500 workforce in the UK, it said the Department for Business and Trade had notified it that the government would not sign off on the financial support, which the company had been anticipating for more than a year…..