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The site of the former power station at Blyth, Northumberland, is not much to look at, but the future of this windswept expanse of cleared rubble and scrubland is hotly contested. This was to be home to a £4 billion gigafactory, making hundreds of thousands of car batteries each year, under the auspices of a start-up called Britishvolt.
The company wanted to make the UK a leader in a burgeoning part of the car industry, but it collapsed in January after running out of money. Administrators at EY sold its assets to Australian company Recharge Industries, but were left red faced when Recharge failed to stump up the money. Now questions are being asked about EY’s handling of the case. As the sale drags on,
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