Article 5ZNN9 Rishi Sunak announces £5bn windfall tax on energy firms

Rishi Sunak announces £5bn windfall tax on energy firms

by
Heather Stewart Political editor
from World news | The Guardian on (#5ZNN9)

Temporary, targeted' levy part of 15bn package intended to soften impact of cost of living crisis

Rishi Sunak has announced a 15bn package of support for households struggling with the cost of living crisis, part-funded by a 5bn windfall tax on energy companies.

The chancellor set out what he called a significant set of interventions" to help offset the impact of rocketing inflation.

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