Industry bodies have broadly welcomed the direction while warning about implementation costs. The proposals, published on Tuesday, set out a timetable that officials say is deliberately cautious. Similar schemes elsewhere have produced mixed results, with outcomes varying widely by region. A spokesperson said the approach balances affordability against the need for long-term investment.
Similar schemes elsewhere have produced mixed results, with outcomes varying widely by region. Several of those briefed on the plans said the detail matters more than the headline commitment. Independent analysts note the projections rest on assumptions that may prove optimistic.
The change would affect an estimated two million households from the start of the next financial year. Several of those briefed on the plans said the detail matters more than the headline commitment. A spokesperson said the approach balances affordability against the need for long-term investment. The proposals, published on Tuesday, set out a timetable that officials say is deliberately cautious.
Independent analysts note the projections rest on assumptions that may prove optimistic. Industry bodies have broadly welcomed the direction while warning about implementation costs. The change would affect an estimated two million households from the start of the next financial year.
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