Ed Miliband urges PM to close ‘Swiss cheese’ holes in windfall tax on energy firms
by Aubrey Allegretti Chief political correspondent from on (#6DANM)
Shadow net zero secretary attacks Sunak's perverse' policy as Shell and British Gas report large profits
Rishi Sunak has been urged to close the holes in his Swiss cheese" of a windfall tax on energy companies after Shell and British Gas reported significant profits, with Labour calling the government's stance perverse".
Billions of pounds will go to shareholders instead of being recouped in tax and put towards more help for those struggling to pay their bills, according to Ed Miliband, the shadow net zero secretary.
Continue reading...