WORK CONTINUES TO WRAP UP LDV DEAL

A deal is close – with a new investor big enough to back LDV’s shift into the ‘green van’ market.

I have asked Ministers and officials at BERR to ensure that Government does what it can to ensure that any viable bid reaches a successful conclusion.

The deal I helped to reach with HMRC to delay payment of over £2 million in taxes won us some vital breathing space to pin-point some big companies with big ambitions for the company. We now need to work non-stop to get those deals closed.

With a parent company that’s serious about LDV’s future, we can have serious conversations about Government – and European – support for LDV’s electric van plans.