Government ‘planning windfall tax on energy companies to ease cost-of-living crisis’

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Move comes as pressure grows on ministers to act and PM faces anger over Partygate

Labour has been piling pressure on the government to act. Commenting on the prospect of higher bills in the autumn, the shadow chancellor, Rachel Reeves, said: ”This will cause enormous worry for families already facing soaring bills. How many more alarm bells do the Conservatives need before they act?

 

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Source: FT - 🏆 113. / 51 Read more »