, which hoped to become the largest provider of energy performance certificates in the UK, is to cancel the contracts of more than 100 prospective energy assessors following the government's latest U-turn on home information packs. Financial Times

The company had planned to employ 300 assessors by 1 June.

However, now that the packs will only be compulsory for homes with four or more bedrooms, about 20% of the market, Stephen Callaghan, one of company directors, said its business model had become untenable.