UK leader Truss rules out windfall tax for oil companies

  • 📰 AP
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

British Prime Minister Liz Truss on Wednesday ruled out a windfall tax on oil companies to pay for her plans to tackle the energy crisis.

New British Prime Minister Liz Truss arrives to make an address outside Downing Street in London Tuesday, Sept. 6, 2022 after returning from Balmoral in Scotland where she was formally appointed by Britain's Queen Elizabeth II.

LONDON — Speaking during her first session of prime minister’s questions in the House of Commons, Truss rebuffed opposition calls for a new windfall tax, even as she refrained from explaining how she would fund a plan meant to help the public pay energy bills skyrocketing because of Russia’s invasion of Ukraine. The plan is expected to be delivered on Thursday.

“I am against a windfall tax,″ she said. “I believe it is the wrong thing to be putting companies off, investing in the United Kingdom just when we need to be growing the economy.”held her first Cabinet meeting, appointing a government diverse in race and gender and united in its support for the new leader’s staunchly free-market views.by Queen Elizabeth II on Tuesday after winning an internal election to lead the governing Conservative Party.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

حياكم الله

It’s amusing to watch Boris Johnson critics complaining about the new PM.

The Great Reset in action

Here we go... why the hell do people vote for conservatives?

And it begins!

Tories always protect their paymasters and screw over taxpayers. It's always been that way and always will.

She trump in a dress..

Canada Canada Latest News, Canada Canada Headlines