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Will the energy crisis ruin Christmas?

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As the temperature starts to fall, the question for the global economy is: how long will energy prices remain high? Industrial production has already started to feel the energy-related price pressures. Many more suppliers are unlikely to make it through the winter. But with the governement divided over bailing out businesses, who should be absorbing all of the costs?

James Forsyth is joined by Fraser Nelson and Javier Blas, chief energy correspondent at Bloomberg News as they discuss how this is just the beginning of the energy crisis.