LONDON, April 24 Britain's ruling Conservative
Party will intervene in the energy market if it wins an upcoming
election in June because the current system is not working
properly, Defence Secretary Michael Fallon said on Monday.
Prime Minister Theresa May's Conservatives have indicated
that they will include a cap on energy prices for domestic
customers in their election manifesto and Fallon said they were
committed to making the markets work better.
"There's not been enough ability for people to switch, we
haven't seen the competition we were hoping to emerge amongst
the energy companies," Fallon told BBC radio.
"Therefore it's right to look at the way they are regulated
and it's right where we can to protect people against large and
arbitrary increases in their bills."
(Reporting by Michael Holden; editing by Kate Holton)