Negotiations for a solution to the crisis created by rising energy prices in the UK continue

British Minister of Business, Energy and Industrial Strategy Kwasi Kwarteng and representatives of the energy sector continue their talks to find a solution to the crisis created by rising energy prices. After the emergency meeting, it was stated that the parties will meet once again today.
In the statement made by the British Treasury, allegations in the press that "Kwarteng and Finance Minister Rishi Sunak had a comprehensive meeting on incentives that can be given to the energy sector" were rejected.

British Minister of Business, Energy and Industrial Strategy Kwasi Kwarteng and representatives of the energy sector continue their negotiations to find a solution to the crisis created by rising energy prices. After the emergency meeting, it was stated that the parties will meet once again today.
In the statement made by the British Treasury, claims in the press that "Kwarteng and Finance Minister Rishi Sunak had a comprehensive meeting for incentives that can be given to the energy sector" were rejected. The umbrella organization representing companies whose production is highly dependent on energy in the UK The Energy Intensive User In a statement made by the Group (EIG) last week, it was stated that after the sharp increase in natural gas prices, the British government should step in and help these companies, which are vital for the economy. In the statement, it was noted that the upper limit on energy bills determined by Ofgem, the British inspection agency, could increase by about 30 percent in April 2022. 9 energy companies went bankrupt. y, Greensupplier Ltd, Utility Point, Igloo, PFP Energy, Symbio, MoneyPlus Energy, Enstroga) went bankrupt.

Kwasi Kwarteng, the British Minister of Business, Energy and Industrial Strategy, had previously promised that they would resolve the high price crisis that occurred in the country due to insufficient supply in the face of increasing natural gas demand. He noted that providing credit support to large-scale energy companies could be considered as an option.