Softened windfall tax shows govt don't care
9 Jun 2023
EMBARGO: Immediate Release
Responding to the news that Jeremy Hunt will soften the energy windfall, Liberal Democrat Leader Ed Davey MP said:
“The families and businesses still suffering so much from high energy bills will not forget the failure of the Conservatives to tax the windfall profits of the oil and gas companies properly.
"This out of touch Government has shown yet again that it doesn’t care about people struggling just to get by, or the small business clinging on.
"This energy tax failure ranks as one of Rishi Sunak’s biggest personal failures as Chancellor and Prime Minister.”
ENDS
Notes to Editor:
Reported by the FT here.