Tory row over energy windfall tax widens as as two more ministers speak out AGAINST it

The Cabinet war over a windfall tax on energy firms making massive profits while families struggle with the soaring cost of living widened today as two more ministers came out against it. 

Health Secretary Sajid Javid, Northern Ireland Secretary Brandon Lewis and International Trade Secretary Anne-Marie Trevelyan became the latest senior Tories to caution against the move, despite it having widespread public support.

Chancellor Rishi Sunak has not ruled out introducing a tax, saying that businesses must show the scale of their investment in UK domestic fuel security. 

He is is examining plans for a ‘Windfall Tax Lite’ to appease Tory opponents of a one-off hit on oil and gas firms. 

Prime Minister Boris Johnson has come under pressure to introduce a one-off levy on firms which have benefited from globally high oil and gas prices and use the revenue to fund measures to ease the cost-of-living crisis on households struggling with rising bills.

However, he is reportedly resisting the…

Report

Leave a Reply

Your email address will not be published. Required fields are marked *