Business news live: Government faces criticism for Cash ISA cuts and UK house price growth slows

People living in flats and rented homes could get the chance to install “plug-in” solar panels on roofs and balconies under Government plans.

The move forms part of the solar road-map set out by the Government to rapidly speed up the rollout of solar power across the UK as part of its efforts to shift the country to clean electricity by 2030.

Ministers said households could save around £500 a year on their bills by installing rooftop solar panels, which could also boost jobs and improve energy security.

Two-thirds of small and medium UK businesses would now vote to remain in the EU after seeing their profits harmed by Brexit, new analysis shows.

A survey of more than 500 importers and exporters found 66 per cent would choose to stay in the bloc, up from 53 per cent who voted that way during the referendum in 2016. The percentage of those who would vote to leave was 29 per cent, down from 32 per cent.

The findings, from research carried out by Critical Research, appear to be a direct response to the fact that costly rising regulations and red tape burdens have harmed the profitability of their businesses.

MPs have warned that those who invest in a Lifetime ISA (LISA) may get back less money than they put into the scheme.

However, the dual nature of the product has long been a target of criticism, as have the complex criteria for using the funds, which have led to many people losing more than they initially deposit. The £450,000 restriction on the value of the property that can be purchased has not risen with rising house prices, while to complicate matters further, two different versions of the product exist – the cash LISA, and the stocks and shares version, which allows the money in it to be invested.

Good morning and welcome to another day of business news on The Independent.

Looks like there may be a lot to get through including house prices, ISA reform, jobs and plenty more besides.