Brexit to blame for collapse of Britishvolt, says ex-Tory leader William Hague

‘Part of the damage done by leaving the EU’, says Hague after the firm goes into administration

Brexit is to blame for the collapse of the British electric car battery start-up Britishvolt causing hundreds of job losses, according to former Conservative leader Lord William Hague.

The Tory grandee said the failure of the company – which had plans to build a giga-factory in Northumberland – was “part of the damage” of the UK’s exit from the EU.

Britishvolt made the majority of its 300 staff redundant on Wednesday after appointing administrators when it failed to raise enough funding for its Cambois site.