Government windfall tax U-turn inevitable, says Keir Starmer

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Government windfall tax U-turn inevitable, says Keir Starmer
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Government windfall tax U-turn inevitable, says Labour leader Keir Starmer

Chancellor Rishi Sunak has repeatedly hinted at the introduction of a one-off windfall tax on oil and gas firms, who have seen a sharp rise in profits since Russia invaded Ukraine.But there have been mixed signals from other members of the cabinet over the policy, which is backed by Labour, the SNP and Liberal Democrats.

He accused Mr Johnson of doing the "hokey-cokey", ruling it out one minute and backing it the next, adding: "Whilst he dithers British households are slapped with an extra £53m on their energy bills every single day.

"We don't relish it, we don't want to do it, of course we don't want to do it, we believe in jobs and we believe in investment and we believe in growth," he added.The idea is a one-off levy on extra profits, which could be used to help people struggling with energy bills.And we know that because ministers and MPs have been doing it in public.

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