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Portrait of the week

Portrait of the week: power failures, toy shortages and Boris’s Marbella mountain villa

16 October 2021

9:00 AM

16 October 2021

9:00 AM

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In an extraordinary wrangle between government departments, the Treasury accused Kwasi Kwarteng, the Business Secretary, of ‘making things up’ by saying he had held talks with the Treasury about helping companies badly hit by soaring energy prices. With the price of wholesale gas having risen fourfold in a year, businesses expected to close factories.

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