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

© Reuters/HENRY NICHOLLS FILE PHOTO: Newly appointed Britain’s Minister of State at the Department for Business, Energy and Industrial Strategy, Kwasi Kwarteng, is seen outside Downing Street in London

LONDON (Reuters) – 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.

(Reporting by Sabahatjahan Contractor; Writing by Paul Sandle; Editing by Leslie Adler)

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