Defence Committee seeks clarity on Harland & Wolff administration announcement

Following news that the Harland and Wolff shipyards are to be put into administration as part of the takeover process by Spain's state owned shipbuilder Navantia, the Defence Committee has asked the Ministry of Defence to clarify what the decision will mean for Harland & Wolff’s ongoing projects and how the government is helping Harland & Wolff’s supply chain. More from the Defence Committee.

Meanwhile, suppliers who were hopeful that the companies would be sold as a going concern are realising they may be left behind in the pre-pack deal, which is expected to close today. More from the Financial Times (subscription required).