Quote from: Twobounces on September 17, 2024, 01:11:48 PMIn relation to the above posts at what stage do you go yes it would be great to have ship building in Belfast but this is a business that is constantly losing money. If it was a private business it would be gone.
I'm pretty sure it is 100% a private business. They have raised money from selling shares and from bank loans. I dont think the banks would give them any more without a guarantor for the loan. They couldnt get a private guarantor so they asked the government, who quite rightly said no. Unless they get a buyer with deep pockets they may well fail.