Officials stressed that no final decision has been taken and that consultation will run into the autumn. Industry bodies have broadly welcomed the direction while warning about implementation costs. Independent analysts note the projections rest on assumptions that may prove optimistic. 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. 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.
Industry bodies have broadly welcomed the direction while warning about implementation costs. 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. 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. Several of those briefed on the plans said the detail matters more than the headline commitment. The proposals, published on Tuesday, set out a timetable that officials say is deliberately cautious.
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