Lights will stay on despite price surge

Britain’s business secretary said on Monday that there is no danger that people won’t be able to heat their homes this winter after a surge in natural gas prices forced him to hold emergency talks with energy suppliers and consumer groups. Kwasi Kwarteng also assured lawmakers that the government wouldn’t bail out failing energy suppliers as a result of the growing crisis. He earlier said that the government is prepared to appoint a special administrator for failed suppliers to ensure gas and electricity keeps flowing.