Industry bodies have broadly welcomed the direction while warning about implementation costs. Several of those briefed on the plans said the detail matters more than the headline commitment. Similar schemes elsewhere have produced mixed results, with outcomes varying widely by region. The figures represent the sharpest movement recorded since comparable data began.
A spokesperson said the approach balances affordability against the need for long-term investment. The figures represent the sharpest movement recorded since comparable data began. The change would affect an estimated two million households from the start of the next financial year.
The change would affect an estimated two million households from the start of the next financial year. A spokesperson said the approach balances affordability against the need for long-term investment. 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.
Industry bodies have broadly welcomed the direction while warning about implementation costs. 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.
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