Energy companies and the U.K. government will hold a third day of crisis talks as a surge in gas and electricity prices threatens to put more suppliers out of business and squeeze consumers. Business Secretary Kwasi Kwarteng warned Sunday that with suppliers under pressure, the government has a plan to put a special administrator in place in the event of companies’ failure. He’s convened a discussion with the energy industry on Monday to chart a path forward. Our priority is to protect consumers. If a Supplier of Last Resort is not possible, a special administrator would be appointed by Ofgem and the Govt. The objective is to continue supply to customers until the company can be rescued or customers moved to new suppliers (3/7) — Kwasi Kwarteng (@KwasiKwarteng) September 19, 2021 The meeting comes after talks over the weekend with companies including Centrica Plc , Britain’s biggest supplier, and […]