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Harland and Wolff: Titanic Shipyard to go into administration

Source: BBC

Getty ImagesNon-core operations are being wound down, the firm saidShipbuilding company Harland and Wolff has confirmed the business is to be placed into administration for the second time in five years.Insolvency practitioners Teneo are being lined up to act as administrators and some "non-core" staff are being made redundant.However, the company’s board said there was a "credible pathway" for its four shipyards…

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Read the original source at BBC