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Birmingham Post
Birmingham Post
Business
Graeme Whitfield

The year in North East business: the 10 biggest stories of the year

Britishvolt

2022 started well for Britishvolt as then Business Secretary Kwasi Kwarteng - more on him later - visited its gigafactory site in Northumberland with a pledge of Government support that unlocked £1.7bn in private sector backing.

By the end of the year the project was hanging by a thread, however, that Government funding seemingly in limbo, with Ministers unwilling to advance any of it unless certain milestones were met and the company unable to meet the milestones without funding.

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