Liberty Steel is the latest business to secure a £50m cash infection to save 660 jobs at its plant in Rotherham after the business secretary said he is "convinced" the UK will not suffer gas shortages in the coming months.
Mr Kwarteng also said he has been in talks with Chancellor Rishi Sunak's team. But a treasury source later accused Mr Kwarteng of making things up.
They claimed to Sky News: "This is not the first time the BEIS secretary has made things up in interviews. To be crystal clear, the Treasury are not involved in any talks.”
Speaking on the Andrew Marr programme Mr Kwarteng said the situation is "critical" and confirmed he was "looking to find a solution."
READ MORE: UK fuel crisis update: Is the fuel crisis over? Latest petrol stocks across the country | UK | News | Express.co.uk
FOLLOW BELOW FOR UPDATES...