This content is not available in your region

Customers will not be disrupted by any energy firm failures, UK says

Customers will not be disrupted by any energy firm failures, UK says
Customers will not be disrupted by any energy firm failures, UK says   -   Copyright  Thomson Reuters 2021
By Reuters

LONDON – British customers will face the least amount of disruption possible in the event that their energy supplier fails, the business and energy minister and the regulator said on Monday following a meeting with major suppliers.

“Central to any next steps is our clear and agreed position that the Energy Price Cap will remain in place,” the business minister, Kwasi Kwarteng, and Ofgem chief executive Jonathan Brearley said in a joint statement.