Page 2 - Scale Facilitation News Today

A due diligence report by UK accountants Grant Thornton raised multiple “red flags” over David Collard, his businesses and his ability to raise financing.

The new owner of Britishvolt promised that a financing “pathway” to fund the UK electric vehicle (EV) battery business would be secured in a matter of days....

Recharge Industries served with statutory demand from former employee that could lead to bankruptcy proceedings, FT reports

An Australian firm which bought Britishvolt has not paid the firm's UK staff for the last four months.

The Australian Tax Office (ATO) is punishing some tax cheats, but still has to catch the big players, reports Alan Austin.

New owner, Recharge, hopes to close a deal on the Northumberland site, paving the way to make batteries for export.

The new owners of collapsed firm Britishvolt are planning to use the Northumberland site to supply batteries to the Australian military. Australian firm Recharge Industries bought Britishvolt after it went into administration earlier this year. Since then Recharge has been in negotiation with administrators EY to also secure use of the site near Blyth.

Owner Recharge hopes to close a deal on the Northumberland site to make batteries for export.

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Money owed by Recharge Industries to the Geelong Cats include unpaid hospitality packages that typically involve premium match-day seating