The Bishop of Durham asked a question on government financial support for a site producing electric car batteries on 23rd January 2023, following a statement on the company Britishvolt entering administration:
The Lord Bishop of Durham: My Lords, the Minister loves the north-east, just like I do, and has noted that this is an extremely suitable site. Is not part of the problem that the return on investment is a very long way forward, so will the Government consider upping the amount they are willing to commit upfront to enable production on this site?
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