All change. If Kwasi Kwarteng was making up talks with the Treasury on gas prices yesterday, he isn’t today. After an apparent PM intervention, No10: “HMT continues to work with BEIS about what can be done to mitigate the challenges”. Kwasi 1, Rishi 0?
Who has been telling porkies? 🐷 Not @KwasiKwarteng says Security Minister @DamianHinds after the Business Sec was slapped down by the Treasury in a row over propping up energy intensive businesses. 👇 RC #KayBurley pic.twitter.com/1lqMggDHhB
NEW: A government source tells me - “Without urgent support to help British industry manage high global gas prices factories will close, many for good, and thousands of jobs will be lost.” This after Treasury slapped down @KwasiKwarteng saying no talks underway to help companies
So here’s Kwasi Kwarteng, speaking to @SkyNewsPolitics, claiming he’s besties with Rishi Sunak. Really! pic.twitter.com/qmsGXkr4sF
Read full article at Channel 4 News
10 October, 2021 - 04:55pm
RISHI Sunak is being urged to slash VAT on gas and ditch green levies to help Brits over the energy crisis.
Suppliers are calling on the Chancellor to end the eco taxes which add £150 a year to bills.
MPs want a temporary cut in VAT as gas prices soar to unprecedented levels.
It comes as the Treasury and the Business department bicker over how to keep factories open.
Business Secretary Kwasi Kwarteng is at loggerheads with Mr Sunak after suggesting he was involved in talks to help gas-reliant industries.
He told BBC1’s The Andrew Marr Show: “I’ve not asked for billions, we’ve got existing schemes.
“I’m working very closely with Rishi Sunak to get us through this situation.”
But the Treasury slapped down Mr Kwarteng, saying: “To be crystal clear the Treasury are not involved in any talks”, adding Mr Kwarteng had “made things up.”
No 10 tried to pour cold water over the row, with an insider saying: “We are all on the same page.”
Meanwhile former Tory leader Iain Duncan Smith called for tax cuts, saying: “We should do all we can to help people get through the winter and until we know where the gas price is going.”
Red Wall Tory MP Alex Stafford added: “We know people are going through tough times, and cutting tax, especially VAT, would get more money into pockets.”
Mr Kwarteng also suggested people could wrap up warmer this winter rather than use more energy.
But last night the Cabinet Office denied ministers had been told to launch a public information campaign to urge people to put on a jumper.
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