A spokesperson said the approach balances affordability against the need for long-term investment. Critics argue the measures do not go far enough to address the underlying pressures. Industry bodies have broadly welcomed the direction while warning about implementation costs.
The figures represent the sharpest movement recorded since comparable data began. Officials stressed that no final decision has been taken and that consultation will run into the autumn. 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.
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. The figures represent the sharpest movement recorded since comparable data began.
The figures represent the sharpest movement recorded since comparable data began. 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. Independent analysts note the projections rest on assumptions that may prove optimistic.
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