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Scottish Secretary welcomes Harland & Wolff buy out

UK Gov backs deal by Spanish shipbuilder Navantia to save 350 Scottish jobs at yards in Fife and on Lewis, safeguarding cornerstone of defence and clean energy

A UK 바카라 사이트-backed deal will see Spanish shipbuilding subsidiary Navantia UK buy out Harland and Wolff, securing the future of all four yards in the UK, including two in Scotland.

The buy-out saves the jobs of 350 skilled workers at the company바카라 사이트s sites in Methil, Fife, and Arnish in the Western Isles.

The deal represents a major investment into the UK바카라 사이트s industrial base from Navantia UK and will provide opportunities for future naval work at Harland & Wolff바카라 사이트s shipyards across the country.

On the day of the announcement (19 December), Scottish Secretary Ian Murray visited Harland and Wolff바카라 사이트s site at Methil in Fife, to meet with management, workers and trades unions.

He said: 바카라 사이트This deal will save hundreds of skilled Scottish jobs, bringing a vital lifeline to communities on Lewis and in Methil. Navantia바카라 사이트s investment will not only secure the future of all four UK yards, but also encourage future support for UK shipbuilding and fabrication - a vital cornerstone of our defence and clean energy sectors.

바카라 사이트Our Plan for Change is fixing the foundations as we face up to the worst economic and industrial inheritance since the Second World War. But through our Industrial Strategy, and by helping facilitate deals like this one, we are breathing new life into key sectors, sustaining skilled jobs and delivering long-term economic growth to improve living standards right across the UK.

바카라 사이트Scotland has a proud industrial past. Today, the workers of Fife and Lewis can look forward to a bright industrial future.바카라 사이트

Full details on the deal can be found here, from the Department for Business and Trade.

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Published 20 December 2024