Govt turns down Waterford Wedgewood’s request for loan

A request for the state to underwrite a bank loan for Waterford Wedgewood, to help the company stay in business, has been turned down.

Govt turns down Waterford Wedgewood’s request for loan
Tue, 20 May, 2008 - 20:57

A request for the state to underwrite a bank loan for Waterford Wedgewood, to help the company stay in business, has been turned down.

The firm had appealed to government to guarantee a €39m bank loan in order to secure the future of 550 jobs at the plant.

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