Energy firms could get government loans to take on customers from companies that go bust

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Business Secretary Kwasi Kwarteng says energy companies could be offered state-backed loans in return for taking on customers from smaller suppliers if they go under.

Soaring global gas prices have throw the industry into crisis, hitting some smaller suppliers, but Mr Kwarteng insisted it was a “myth” that the UK supply of gas could run out and stressed “security of supply is not an issue”.

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