Local council has set aside £15m to buy the site back if needed
If the debt is not cleared, former employee would be entitled to pursue bankruptcy proceedings
Australia’s Recharge Industries has failed to pay for the Blyth site
Australian police have raided the offices of Recharge Industries’ parent, Scale Facilitation
Australian company has bought Britishvolt’s assets
Administrators named the start-up as preferred bidder for collapsed firm
The boss of Recharge Industries will visit the site this week
More than a dozen parties are believed to be interested in the gigafactory site
Firm had planned to develop a £3.8bn gigafactory and £200m battery facility
Sale of majority stake could save plans for the £3.8bn gigafactory
The Tritax-backed battery business has lined up administrators
The partners are to build a £200m battery cell scale-up facility