Kwasi Kwarteng insisted the Government was “looking to find a solution” to energy companies that have suffered during the fuel crisis, with firms pleading for help to prevent further collapses as wholesale gas prices spiral.

Mr Kwarteng denied that he had asked the Treasury “for billions”, as he added that he was “working very closely with Rishi Sunak” and that they were “working to see what we can do in terms of protecting industry”.

A source from the Treasury then told the BBC the minister was "mistaken," and that "the Treasury and the chancellor have not been in any talks".

Read the full story here: https://www.telegraph.co.uk/politics/2021/10/10/government-could-step-keep-factories-open-amid-soaring-gas-prices/

Subscribe to The Telegraph on YouTube ► https://bit.ly/3idrdLH

Get the latest headlines: https://www.telegraph.co.uk/

Telegraph.co.uk and YouTube.com/TelegraphTV are websites of The Telegraph, the UK's best-selling quality daily newspaper providing news and analysis on UK and world events, business, sport, lifestyle and culture.

#Energy #FuelCrisis #GasPrices