Britishvolt staves off administration with mystery funding, pay cuts

The Britishvolt gigafactory in Blyth has staved off administration – for now – after it secured short-term funding from a mystery investor and its 300 staff agreed to take a big cut in pay. The project, championed by the government as a key pillar in its ‘levelling up’ project just four months ago, is teetering … Continue reading Britishvolt staves off administration with mystery funding, pay cuts