This is what happens when the government doesn’t support British businesses. We essentially have the Spanish state taking control of a key player in shipbuilding in the UK.
Both Labour and the Tories are to blame here as neither signed off the UKEF loan guarantee the company needed, after stringing the company along for 18 months.
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This is what happens when the government doesn’t support British businesses. We essentially have the Spanish state taking control of a key player in shipbuilding in the UK.
Both Labour and the Tories are to blame here as neither signed off the UKEF loan guarantee the company needed, after stringing the company along for 18 months.