SNP set to nationalise last civilian shipbuilder to save ferry contracts

Scottish government to step in at Ferguson Marine as dispute
over costs threatens closure

The Scottish government is expected to nationalise the last
civilian shipbuilder on the Clyde this week in an effort to save
two high-profile ferry contracts.

Derek Mackay, the Scottish finance secretary, said ministers
were likely to take over running Ferguson Marine Engineering from
its owner later this week following a long dispute about cost
overruns on two passenger ferries.

Source: FS – All-News2-Economy
SNP set to nationalise last civilian shipbuilder to save ferry contracts