the electric car battery maker britishvolt has gone into administration after hopes of a last minute bid for the company faded. the collapse raises questions about uk hopes of building a home grown battery industry. the company, which had plans to build a gigafactory to make the uk start up had been expecting to build a new 5.8 billion or $4.7 billion factory in northumberland, as part of a long term vision to boost uk manufacturing. well, this promotional video shows what the factory with a capability to make 300,000 electric batteries a year would have looked like. the plan was to create 3,000 jobs at the plant. now, administrators have taken over the business and most of britishvolt s 300 staff are being made redundant. here s our business editor simonjack. so what went wrong? britishvolt was a start up company with no track record. their battery technology was only at the prototype stage. although there are expressions of interest from lotus and aston martin, they
hello, welcome. we start in the uk. the chair of the conservative party, nadim zahawi, has confirmed that he made a payment to the tax office to settle a disagreement about his tax affairs. mr zahawi said hmrc accepted that an error concerning shares he gave to his father for help in setting up the polling company yougov in 2000 had been careless and not deliberate. it comes after newspaper reports that he d paid a seven figure sum and been subject to a penalty. it s understood the dispute over mr zahawi s taxes was resolved while he was serving as chancellor of the exchequer. earlier, labour had called on nadhim zahawi to resign. here s our political correspondent helen catt. nadhim zahawi is a seniorfigure in the government, the chairman of the conservative party, who sits in the cabinet. last year, he was for a few months borisjohnson s chancellor, in charge of the country s finances. is the hmrc still after you, sir? but since then, he s faced questions about his