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By Guy Taylor The new Labour government is planning to reject shipbuilder Harland & Wolff’s request for a critical £200m loan guarantee needed to stave off collapse. The Belfast-based shipyard, which in its glory days was responsible for building the Titanic, has been holding last-ditch crisis talks with ministers to approve the bailout. It wants to borrow millions from a number of British banks but needs the government to act as a guarantor should the loan go bad. The Financial Times reported on Tuesday that Labour had deemed approval of the guarantee an inappropriate use of public funds. One…

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