Navantia close to £70m purchase of stricken Titanic builder Harland & Wolff
- Harland & Wolff is close to a £70m government-backed rescue deal that includes job security for its workforce.
- Ministers plan to announce that Navantia will acquire Harland & Wolff and its four UK shipyards after negotiations.
- Navantia is expected to pay about £70m for Harland & Wolff's assets and improve contract terms with the Royal Navy.
- A government insider called the deal 'a victory' for Sir Keir Starmer's administration amid uncertainty.
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Leaning Left1Leaning Right1Center2Last UpdatedBias Distribution50% Center
Bias Distribution
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50% Center
L 25%
C 50%
R 25%
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