Titanic shipyard owner Harland & Wolff awaits news of funding lifeline

About 1,500 jobs at risk as shipbuilder waits on reported 200m state deal in early test for Labour industrial policy

Harland & Wolff, the owner of the Belfast shipyard that built the Titanic, has insisted that it is still awaiting a government decision on a 200m intervention despite signs that Labour is due to reject the financial lifeline.

The company is presenting an early test of the Labour government's industrial policy, with 1,500 workers fearful the company is running out of time to secure funding needed to make it ready to build three warships for the Royal Navy.