Industry bodies have broadly welcomed the direction while warning about implementation costs. 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.
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. Critics argue the measures do not go far enough to address the underlying pressures. Independent analysts note the projections rest on assumptions that may prove optimistic.
Critics argue the measures do not go far enough to address the underlying pressures. 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.
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. Similar schemes elsewhere have produced mixed results, with outcomes varying widely by region. Officials stressed that no final decision has been taken and that consultation will run into the autumn.
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