Connect with us

Published

on

Harland & Wolff (H&W), the stricken Titanic shipbuilder, is on the brink of a £70m government-backed rescue deal that will include guarantees of job security for the company’s workforce.

Sky News has learnt that ministers hope to announce as soon as Thursday that H&W and its four UK shipyards are being acquired by Navantia, the Spanish shipbuilder, after months of negotiations.

Navantia’s board is expected to meet to ratify the deal in the next couple of days.

Whitehall sources cautioned that an agreement could still slip beyond Thursday but said it would be formally unveiled before Christmas.

Under the deal, Navantia will take over all of H&W’s sites, following its parent company’s collapse into administration during the autumn.

The Spanish group is expected to pay about £70m for H&W’s assets, while also benefiting from improved terms on a government contract to build three Fleet Solid Support vessels for the Royal Navy.

In return, it is understood to have agreed to provide guarantees that it will retain H&W’s existing workforce for a specific period, the length of which was unclear on Tuesday.

More on Belfast

One government insider hailed the rescue deal as “a victory” for Sir Keir Starmer’s administration after months of uncertainty surrounding the fate of a famous industrial manufacturer.

Money blog: Highest UK student loan debts revealed

H&W employs more than 1,000 British people, but has been grappling with a dearth of orders for new ships.

Navantia had been seeking a £300m improvement to a Ministry of Defence contract on which it was already working alongside H&W.

The precise outcome of those talks was unclear.

Sky News first reported that a deal was close with Navantia ten days ago.

The original MoD contract struck by H&W, whose London-listed holding company collapsed into administration in September, was said by one government source to have been “uneconomic”.

In recent weeks, the government has been working with City lawyers to scrutinise the revised Ministry of Defence contract and whether it would comply with European state aid rules.

H&W’s collapse into administration came after a plea for taxpayer support was rejected by ministers.

Navantia has been providing financing liquidity to the company on a week-by-week basis since the company’s filing for administration.

The British and Spanish governments have also been engaged in discussions about the prospective deal.

H&W’s four shipyards are in Belfast; Appledore, Devon; Arnish on the Isle of Lewis; and Methil, Fife.

Bankers at Rothschild had been running a sale process to gauge interest in the company and its assets since September.

Founded 163 years ago, Harland & Wolff built the most infamous passenger ship in maritime history, with The Titanic sinking on its maiden voyage across the Atlantic in 1912.

The Department for Business and Trade has been contacted for comment.

Continue Reading

UK

How people are coping with the floods: Carpets, furniture and food destroyed as homes deluged under feet of water

Published

on

By

How people are coping with the floods: Carpets, furniture and food destroyed as homes deluged under feet of water

People whose homes have been destroyed by the floods sweeping across parts of the UK over the past couple of days have been telling Sky News how they coped with the deluge.

In Lincolnshire, where a major incident has been declared, Terry, from Grantham, showed a Sky crew the aftermath of the deluge in his home, which was left under two feet of water.

“Everything’s gone,” he said, adding that he was “devastated”.

The first sign of trouble came at lunchtime on Monday, when his wife woke him and said there was water coming in [to the house], and “within a few minutes, the whole house was flooded”.

Terry told us he's 'devastated'
Image:
Terry told us he’s ‘devastated’

Pic: AP
Image:
Flooding in Loughborough. Pic: AP

Weather – latest updates

They rushed their belongings and pets upstairs, he said, as he revealed the damage to the flooded living room and kitchen, where the water mark was above a power socket.

Terry said the kitchen, where the floor was covered in sludge, smelled of mud and sewage, and their furniture and carpets were wrecked.

More on Floods

Flood waters in Loughborough, Leicestershire. Pic: PA
Image:
Flood waters in Loughborough, Leicestershire. Pic: PA

They have no electricity and the food in the cupboards and freezer was “completely ruined”.

Graham Johnson, who lives in a boat with his wife and dog, in the village of Barrow upon Soar in Leicestershire, was in the pub on Monday night, before the water started to rise “rapidly”.

People living in a local caravan park were moved as a severe flood warning was issued.

Graham Johnson, from Barrow upon Soar in Leicestershire, feared he would lose his boat home
Image:
Graham Johnson, from Barrow upon Soar in Leicestershire, feared he would lose his boat home

PABest A man is rescued from the flooding at a caravan park near Barrow upon Soar, Leicestershire. Weather warnings for snow and ice are in force across much of the UK after severe flooding and snow caused travel disruption and school closures. Across England, there are also 198 flood warnings, meaning flooding is expected, and 300 flood alerts, meaning flooding is possible. Picture date: Tuesday January 7, 2025.
Image:
A man is rescued from the flooding at a caravan park near Barrow upon Soar, Leicestershire. Pic: PA

Mr Johnson said he had gone out “for a couple of pints as usual and, the next thing we know, bingo”.

The couple feared their boat home was about to be swept towards the bridge.

“That’s our pride and joy, where we live, and we didn’t want to lose it,” he said, as he praised the “fantastic” emergency services, who rescued them and their dog after a nervy three-hour wait.

They were two of the 59 people rescued by firefighters in the county, where a major incident was declared and crews were called out to 160 flood-related incidents, the Fire Brigades Union (FBU) said.

Another Leicestershire resident whose home was inundated was Qasim Abdullah from Loughborough.

Please use Chrome browser for a more accessible video player

Flooding across East Midlands

Pictures taken by the Associated Press show him walking through almost knee-deep water in his living room.

In nearby Quorn, businesses have shut as the main high street has flooded for the second time in as many years.

Two of the pubs in particular have been damaged.

Last year, residents had to launch a crowd fundraiser to help pay for the costs of renovation. Not to mention soaring insurance premiums.

Indy Burmi, who owns a hair salon and restaurant, hasn’t suffered flooding, but said he’s had to close up and cancel all Tuesday’s reservations, as his clients simply can’t get into the village.

Read more:
No timescale for action on grooming gangs – latest
Several NHS trusts declare critical incidents
Teenager fatally stabbed on bus

And, with more rain forecast, conditions could get even worse in the short term, while residents worry that an annual battle with rising water is now the new normal.

Elsewhere in the UK, the next danger is from ice forming on untreated surfaces after rain on Tuesday evening, the Met Office has said, as it issued a new warning for northern England and Wales from 5pm until midday on Wednesday.

Continue Reading

UK

Boy, 14, stabbed to death on bus in Woolwich, southeast London

Published

on

By

Boy, 14, stabbed to death on bus in Woolwich, southeast London

A 14-year-old boy has been stabbed to death on a bus in Woolwich, in southeast London.

Police were called around 2.30pm to reports of a stabbing on a bus on Woolwich Church Road near the junction with the A205 South Circular Road.

A boy who police said had received stab wounds was treated by paramedics, but he died at the scene shortly after they arrived.

Officers have launched an investigation into the incident.

No arrests have been made so far but police are appealing for witnesses of the incident on the 472 bus.

Read more from Sky News:
Several NHS trusts declare critical incidents
Prison officer filmed having sex with inmate jailed
At least 126 killed after earthquake near holy city

A cordon and road closures were in place as of shortly before 5pm.

Continue Reading

UK

Liverpool hospital declares critical incident over ‘exceptionally high’ demand on A&E amid rising flu cases

Published

on

By

Liverpool hospital declares critical incident over 'exceptionally high' demand on A&E amid rising flu cases

The Royal Liverpool University Hospital has declared a critical incident due to “exceptionally high” demand on A&E and patients being admitted to wards.

The hospital said there had been a spike in people with flu and respiratory illnesses going to emergency departments in recent weeks.

The number of people in England’s hospital with flu quadrupled in the last month, according to NHS data.

A spokesperson for the hospital said it had a “comprehensive plan in place” and was “taking all the necessary actions to manage the challenging circumstances”.

“We are working with partner organisations to ensure those that are medically fit can leave hospital safely and at the earliest opportunity,” they added.

The hospital warned some people would experience delays as it prioritises the sickest patients.

People whose case isn’t an emergency are being asked to see their GP, pharmacy or walk-in centre – or call the 111 service for advice.

More on Liverpool

The Royal Liverpool University Hospital is in the city centre and is the biggest hospital in Merseyside and Cheshire.

Declaring a critical incident can happen when a hospital is experiencing exceptional demand, or sometimes if there is a serious problem with staffing levels.

It indicates it can’t function as normal and allows it to take extra measures to protect patients, such as prioritising the most unwell people and getting support from other agencies.

It could last hours, a few days, or weeks if necessary.

A critical incident was also declared on Friday by the NHS Cornwall and Isles of Scilly Integrated Care Board.

It said it had seen almost four times as many inpatients compared with last year and urged people with flu to avoid going to A&E.

Read more from Sky News:
England cricket chiefs reject call for boycott of Afghanistan game

Plaza says death of filmmaker husband ‘unimaginable tragedy’

There have been warnings this winter of a so-called “quad-demic”– with flu, vomiting bug norovirus, COVID and RSV circulating at the same time.

The NHS provides vaccinations against three of the four; flu, COVID-19 and RSV (a common cause of chest infection in babies).

Continue Reading

Trending