Labour MP, Jim McMahon, started the opposition day debate with a speech on food insecurity in the UK. McMahon referred to the “rocketing household bills and the cost of food”, suggesting that a “tax levy on oil and gas companies” would “cushion rocketing energy bills”. The MP for Oldham West and Royston also labelled the…
Downing Street says the government’s position on a windfall tax for energy companies remains unchanged, despite a huge surge in profits for energy giants BP and Shell in recent days. In this morning’s Downing Street lobby briefing, the prime minister’s spokesperson said he “wasn’t aware in a change of position” on a windfall tax, despite…
A minister has stressed that he is “very, very proud” of the government’s measures to tackle cost of living issues. Foreign minister James Cleverly said the cabinet “absolutely recognise” the issues associated with the fifty per cent energy price cap jump set to be rolled out from April. This morning Ofgem is scheduled to confirm…
