Civil servants originally said Cammell Laird was barred from bidding to renovate the support ships, according to the GMB general union.
But the MoD yesterday said that the Merseyside-based shipyard was always allowed to bid for the contracts, which are reported to be worth Pounds 20m.
Cammell Laird called in receivers this month following a series of cancelled orders, including the termination of a Pounds 50m cruise liner contract.More than 3,000 jobs are now thought to be under threat.
Meanwhile, PricewaterhouseCoopers, Cammell Laird’s receiver, may spin off the company’s foreign operations, according to reports in the FT. By selling off non-UK units, the receivers would hope to find a buyer for Cammell’s core business. Any sale, however, would be scrutinised by trade and industry secretary Stephen Buyers who is keen on selling the yard as a going concern.
The application of robotics in finance functions is moving faster than predicted. Although, companies are cautious in how they are applying artificial intelligence to ensure results first, many are stepping up their investigations
EU competition commissioner Margrethe Vestager has defended the decision to order technology giant Apple to pay €13bn (£11bn) in back taxes to the Irish government
Carillion has announced the appointment of a new finance director as it reported a rise in first half profits and sales led by strong growth in its support services business
The UK inflation rate hit its highest level in almost two years in July, suggesting that the sharp fall in sterling following the UK referendum to leave the European Union is forcing prices up