Author: News Desk

Company struggles to find investors willing to fund effort to build giant £3.8bn ‘gigafactory’ in north-east The UK government-backed battery startup Britishvolt is considering entering administration with the potential loss of almost 300 jobs after it struggled to find investors willing to fund its effort to build a giant £3.8bn “gigafactory” in north-east England. The company could announce an administration as soon as Monday, with the accountancy firm EY lined up to carry it out if it goes ahead, two sources with knowledge of Britishvolt’s operations, told the Guardian. However, one source cautioned that Britishvolt was also still examining other…

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Mark Spencer says PM could attend ‘if he’s got time’ as fears grow over impact on UK’s climate credentials UK politics live – latest news updates Rishi Sunak could backtrack on his decision to snub the Cop27 UN climate summit, which has upset many developing countries and risked harming the UK’s standing on the world stage, a government minister has suggested. Mark Spencer told broadcasters he would like to see the prime minister attend the talks after all – “if he’s got time” – and said the government was taking the climate crisis seriously. Continue reading… ​Mark Spencer says PM…

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