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Collapse in value of Government's BiFab stake

August 19, 2019 3:00 PM
Originally published by Scottish Liberal Democrats

Responding to the decision by Audit Scotland to value the Scottish Government's equity stake in BiFab at only £6m as opposed to the original £19m Willie Rennie said:

"The Scottish Government needs to redouble its efforts to secure a good future for the yards at BiFab.

"The fall in value in the government's stake is a big price to pay on top of the hundreds of jobs at stake.

"The Minister has said he is positive about the future so now is the time to deliver on those words. Hundreds of workers and the Scottish taxpayer are watching."