‘Not the government’s job’: Chancellor appears to rule out helping businesses with gas prices

  • Date: 14-Oct-2021
  • Source: SkyNews
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

‘Not the government’s job’: Chancellor appears to rule out helping businesses with gas prices

The chancellor has appeared to rule out helping businesses with soaring gas prices, saying "it's not the government's job" to manage the costs of individual products.

Asked if he would accept some companies going out of business, Rishi Sunak said he "believes in a market economy".

He said the government has been working "very constructively" with firms and is "doing everything we can" to address supply chain issues.