Job fears as Titanic shipbuilder sinks: Harland & Wolff in cash crisis

Titanic ship maker Harland & Wolff has confirmed it will fall into administration for the second time in five years. The Belfast-based group said a review had found that Harland & Wolff group, its holding company, was insolvent and administrators will be appointed later this week. Harland & Wolff is best known for building the Titanic in Belfast and also runs the historic Appledore shipyard in Devon and two more sites in Scotland.

Towering: The giant yellow cranes at the Harland & Wolff shipyard in Belfast. The firm also runs the Appledore shipyard in Devon, as well two more sites in Scotland But the 163-year-old firm has been scrambling for funding in recent months as it struggles to keep up with competitors and debt..



. Leah Montebello.