NG Bailey faces investment hit after Britishvolt collapse

NG Bailey is facing possible losses after investing in UK car battery firm Britishvolt which went into administration on Tuesday.
The engineering giant contributed to a fund raising round for Britishvolt in September 2021 which raised £50m.
Other investors included mining giant Glencore and Norwegian based Carbon Transition ASA.NG Bailey declined to comment on how much it had invested in the firm.
But one insider told the Enquirer: “There were some ashen faces in the office when this