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other UK shipyard operatorsTelegraph
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65% Informative
Harland & Wolff is understood to be preparing to file for administration as early as Monday .
Head office workers and directors at the company fear they may lose their jobs immediately.
It has triggered fears that the troubled business will be unable to complete its part of a major contract to build three fleet solid support (FSS) ships for the Navy .
The vessels will support Britain 's two aircraft carriers when they are deployed around the world.
Business Secretary Jonathan Reynolds declined in July to support a 200 m refinancing of the company with taxpayer cash.
The move came amid concerns there was a “very substantial risk” it would be lost.
In a separate development, Harland & Wolff revealed last week that it was investigating the potential “misapplication” of 25 m of corporate funds under previous management.
VR Score
71
Informative language
72
Neutral language
39
Article tone
formal
Language
English
Language complexity
56
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
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no external sources
Source diversity
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