Energy crisis: Gas levy 'expected to be confirmed in next two weeks' despite rising prices

Mr Kwarteng met representatives of energy intensive industries on Friday to discuss the crisis affecting wholesale gas, which has rocketed in price by 250% since the start of the year.

It follows claims that Russia, which supplies much of Europe, is contributing to the volatility of the market by limiting stocks. Businessman and Kremlin critic Bill Browder told Sky News:"I think that there are economic factors that have played into the rise of prices of gas and may other commodities, but Vladimir Putin never lets a good crisis go to waste.The Russian leader"would have been smiling ear to ear" after gas prices fell when he offered to help stabilise the market, said Mr Browder.

He added:"He's up to all sorts of nefarious activities and by having this kind of leverage over us he is hoping people in the corridors of power, here and elsewhere, will say 'We can't say anything to Putin because if we do he is going to cut off the supply of gas'." Watch the Daily Climate Show at 6.30pm Monday to Friday on Sky News, the Sky News website and app, on YouTube and Twitter. The show investigates how global warming is changing our landscape and highlights solutions to the crisis.

Good thing folks cant panic buy gas

The govt solution is to create a new tax again on top of all the other new taxes they've introduced in 2021.!!! theyneedtobeexposed Something is off with BorisJohnson ConHome party they aren't for the people. They are making money for themselves and interest. silentdirectors

Another tax . Why don’t you load the gun then . Ppl can’t keep paying taxes for a poorly run government

Number10press . BorisJohnson Conservatives are doomed if they do this !!!

The government is doing absolutely nothing to alleviate the shock, stress and worry of household energy bills. We are all being left to our own devices on how we cope and the only choice the people have is either switch it off and freeze or stay warm and in DEBT.

This is disgusting

The party of low taxes!!!!

If we wanted a green government we would have voted for one. We pay enough green taxes in our fuel bills as it is. Stop paying out subsidies to wind farms. I can remember when all these wind farms started they said our electricity would become cheaper 🤔 that hasn't happened.

This is his green political funeral, what an absolute arsehole to add a tax on top the energy prices increases.

The green Con is really picking up steam now

Hit the working class as normal as the rice line there pockets

Bills back bigger.

Thought all these wind farms thats out there would bring the price of electricity down!

Imagine actually voting for these people. How can Tory voters sleep at night?

They are determined to go ahead with this rich poor divide 2-tier Society

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