25 October 2026

Can you name the MP? Labour - London Play now

Shipbuilding loan scheme ‘small step in the right direction’

Politics.co.uk Staff

GMB

Whilst we need far more than this, at least for once it is a small bit of good news, says GMB Union 

GMB, the shipbuilder’s union, has described a new Government shipbuilding loan scheme as a ‘small step in the right direction.

The Department for Business and Trade today [Wednesday] announced a plan to help buyers purchase UK-built ships. [1]

Andy Prendergast, GMB National Secretary, said: 

“Our ship building communities have been waiting years for good news and whilst this is relatively small, it is a step in the right direction.

“We once led the world in the shipbuilding and there is no reason why our brilliant workforce cannot help us reclaim that crown.

“Whilst we need far more than this, at least for once it is a small bit of good news.”

More from politics.co.uk

Advertisement
by PLMR

Politics.co.uk Newsletters

Stay on top of the stories that matter with expert analysis.

DAILY

Politics@Lunch

WEEKLY

Week in Review

Welcome back

Email
Password
Remember me

Join Politics.co.uk

First Name
Last Name
Email
Password

Sign up to our mailing list