The British government has said it has no intention to bail out energy firms that are struggling amid rising wholesale gas prices. Wholesale gas prices have increased by 250 percent since January, with a 70 percent rise since August alone, leading to the demise of some smaller energy firms. Business Secretary Kwasi Kwarteng said on Tuesday he does not want to spend taxpayers’ money on failing energy companies. “I don’t believe that taxpayers’ money should be funnelled into companies that have been badly run,” he told Times Radio. “The way that markets work is the badly-run companies often go out of business, that’s a natural process.” The government is considering providing support to large energy companies which will be taking on customers from firms that have collapsed, but Kwarteng said it will not be “a blank cheque.” “Any support for those larger companies will be in terms of working capital, …