It comes as the Treasury mulls proposals submitted by Kwasi Kwarteng, the business secretary, on Monday, amid an extraordinary turf war between the two departments over government aid for the sector. Boris Johnson has reportedly sided with Mr Kwarteng and backed a multimillion-pound bailout to prevent energy intensive industries going to the wall, but no announcement has yet been forthcoming.
The Independent also revealed that the UK could be forced to rely on other nations for key nuclear and defence components unless ministers offer heavy industry an energy bailout – piling further pressure on Rishi Sunak to accept the proposals.
This story is from the October 13, 2021 edition of The Independent.
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This story is from the October 13, 2021 edition of The Independent.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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