Energy Prices: Business Secretary makes formal bid for help to support businesses

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Kwasi Kwarteng has made a formal request for treasury help for businesses struggling to cope with rising energy prices.

Ministers had previously confirmed that they had struck a deal which will guarantee continued supplies of Carbon Dioxide to UK businesses, and Liberty Steel secured a £50m cash injection to safeguard 660 jobs in Rotherham.

But how much will the state intervene to help businesses get through the energy crisis?

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