Belfast shipyard owner Harland & Wolff to enter administration

Blow to UK shipbuilding hopes as failure to find new funding prompts move to appoint administrators for second time in five years

Harland & Wolff, the owner of the Belfast shipyard that built the Titanic, will enter into administration this week after failing to find new funding, in a blow to UK government hopes of shipbuilding in the city.

The company said on Monday said that it was insolvent and would appoint administrators from Teneo this week.