Displaying items by tag: Adminstrators
The administrators for Harland & Wolff have extended the temporary unpaid lay-off of workers in what a trade union said was a "light at the end of the tunnel" for the stricken shipyard.
As the Belfast Telegraph reports, business advisers BDO said they had agreed with trade unions that the majority of the 123 staff would continue their temporary lay-off - a move which staves off redundancy.
Staff have been holding a sit-in at the yard as unions called for renationalisation, although the Government has said its difficulties are a commercial issue.
Potential buyers had until midday yesterday (Thursday) to make an offer but the deadline has now been extended. Administrators said they hoped expressions of interest could translate into a viable offer .
East Belfast MP Gavin Robinson said: "This is welcome news and is a demonstration of the ongoing work to secure a positive outcome for the shipyard."
Mr Robinson added he was talking to government about how it could help the shipyard and would also meet the administrator with his party leader Arlene Foster on Monday.
Clikc here for more on the story