JW recent LinkedIn Post today.28 Oct 2022 14:50
John WoodStatus is reachable John Wood• 1st CEO Harland & Wolff Group Holdings Plc 54m • 54 minutes ago
'Fantastic to see this moving forward.'
Article below:
Maritime UK Maritime UK 2h • 2 hours ago
'The government has confirmed its intention to launch a new Home Shipbuilding Credit Guarantee Scheme by the end of the year.
The scheme, designed for domestic operators, is intended to encourage more UK builds by underwriting lending in partnership with commercial lenders. The Minister responsible at the Department for Business, Energy and Industrial Strategy (BEIS), former Maritime Minister Nusrat Ghani MP, has said that getting the scheme across the line is a “key priority for early delivery” in her tenure.
The scheme was originally intended to be introduced earlier this year but has been delayed. BEIS is expected to shortly share details of the scheme with other departments across government, with a view to updating Parliament and launching a scheme “this calendar year”.
The timeline for the launch was confirmed in response to a Parliamentary Question by Steve Double MP, the Member of Parliament for St Austell and Newquay and supporter of Maritime UK.
#MaritimeUK #Maritime2050
Edit: Note who has said the following:
The Minister responsible at the Department for Business, Energy and Industrial Strategy (BEIS), former Maritime Minister Nusrat Ghani MP, has said that getting the scheme across the line is a “key priority for early delivery” in her tenure.