No ‘capacity’ for Ed Miliband’s warm homes plan, says British bank boss Property A UK banking chief has warned the government does not have the “capacity” to meet its ambition to transition millions of homes to low carbon-heating technologies. Nigel Terrington, the boss of specialist lender Paragon Bank, said Labour faced an “operational capacity constraint” in its bid to implement its warm home plan. The £15bn initiative, which [...]
Winter fuel payments: there is a better way to help with energy bills Opinion Instead of subsidising bills according to age, we should make sure no one is spending more than 10 per cent of their household income on keeping warm, says Eon CEO Chris Norbury Despite recent improvements, energy bills remain around 60 per cent higher than before the crisis, with typical households still paying £1,720 annually. At [...]