Warm Homes loses £1bn as government redirects capital spending to defence
The Treasury redirected capital spending toward defence and cut £700 million from hydrogen and carbon capture funding, including £200 million for Acorn.
7 Articles
7 Articles
Warm Homes loses £1bn as government redirects capital spending to defence
The government has confirmed a £1bn cut to Warm Homes Plan capital grants and £700m of reductions to hydrogen and carbon capture funding to help pay for defence, alongside a further £3bn reduction in departmental capital budgets. The Budget also identified a £200m saving from…
Budget cuts £1bn from Warm Homes grant funding to pay for defence - netMAGmedia Ltd
As part of Chancellor John Healey’s first Budget, he announced that funding for energy-efficiency improvements for low income households under the Warm Homes Fund would be cut by £1bn, reportedly to pay for defence spending commitments. Despite the reduction of £1bn in grant funding in the £15m Warm Homes Plan, the Government has claimed that […] The post Budget cuts £1bn from Warm Homes grant funding to pay for defence first appeared on netMAGm…
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