Thread: The energy crisis
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Old 11-10-2021, 11:04   #185
1andrew1
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Re: Energy companies collapse
No Minister! For those who like their popcorn moments, there's been some interesting contradictory information. A Treasury source then took the unusual step denying a comment made by the Business Secretary that possible support for businesses was even being discussed and said it was not the first time he had made stuff up!

Quote:
Minister denies Business Secretary Kwasi Kwarteng lied about potential further support for firms amid energy crisis

"Of course not," says Home Office minister Damian Hinds when asked if Kwasi Kwarteng had lied when he made the claim about his team being in discussions with the Treasury, something that was swiftly denied by that department...

Mr Kwarteng made the claim in an interview with Trevor Phillips on Sunday, in which he also said he is "convinced" the UK will not suffer gas shortages in the coming months - and insisted that a price cap on consumers' energy bills "will not be moved" this winter.

Mr Kwarteng added that he was "speaking constantly" with industry on their energy needs and pricing and was "engaging" with the Treasury on the issue.

"What I'm very clear about is we need to help them get through this situation - it's a difficult situation, gas prices, electricity prices are at very high levels right across the world and of course I'm speaking to government colleagues, particularly in the Treasury, to try and see a way through this."

But a Treasury source told Sky News on Sunday they are "not involved in any talks" and added that it was not the first time Mr Kwarteng "has made things up in interviews".

Labour's shadow economic secretary to the Treasury Pat McFadden said the "unseemly squabble" was "extraordinary".

"We've got a jobs crisis facing a number of energy intensive industries like steel, ceramics, paper-making and so on," he told Kay Burley.

"They're asking the government for help and instead of their concerns being addressed, what we've got is this unseemly squabble between the Treasury and the business department.
https://news.sky.com/story/minister-...risis-12431190
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