The figures represent the sharpest movement recorded since comparable data began. 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. 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. 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.
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. The proposals, published on Tuesday, set out a timetable that officials say is deliberately cautious. Officials stressed that no final decision has been taken and that consultation will run into the autumn.
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. The figures represent the sharpest movement recorded since comparable data began.
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