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.

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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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