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Saturday, October 17, 2026

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Lucy Frazer

Lucy Frazer defends energy profits levy ‘sleight of hand’

In an urgent question to the chancellor, Rachel Reeves accused the government of a “sleight of hand”, telling the House of Commons that the windfall tax  alongside the tax incentive for energy companies will allow “a third or more of any revenue” to be “handed back”. Frazer brushed off the criticism, telling the House that…

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