Resolution Foundation and Institute for Fiscal Studies said
slowing impact of the cuts would still save # 4.4 bn in long run
Not exact matches
The
impact of the ITC downturn is even more evident in the production data, where growth has
slowed to a year - ended pace
of around 3 1/2 per cent, as firms
cut back ITC production in order to rein in inventories.
Many predict growth will
slow again in the April - June quarter, as the
impact of higher Social Security taxes and government spending
cuts begin to weigh on the economy.
Independent green energy retailer Good Energy, have argued that the direct
cuts in tariff levels for PV may not actually be the biggest issue in term
of slowing PV growth - the proposal to limit FiTs to buildings reaching a high set level
of energy efficiency (above «C») could have even more
impacts.