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IMF upgrades UK growth outlook; warns energy prices, rates to bite in 2027
BBC NewsLO·GB·about 3 hours ago
UK ministers are preparing to reduce subsidies for heat pumps under the boiler upgrade scheme, as part of a plan to find over £2bn in savings from the energy budget to fund higher defence spending. The move, reported by the Guardian citing sources, would reverse recent policy direction on household decarbonisation. It signals a fiscal reallocation toward defence, potentially affecting the UK's net-zero targets and consumer adoption of heat pumps.
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