Energy crisis: Shell’s soaring profits intensify calls for windfall tax
Ed Miliband said it was "beggars belief" that the government wasn't levying a one-off windfall tax.
Ed Miliband said it was "beggars belief" that the government wasn't levying a one-off windfall tax.
Despite not seeming keen to cut VAT as per the Leave campaign promise, he took the opportunity to say this week that leaving the EU means the UK can now set its own VAT rates.
The price cap is set to rise by more than 50 per cent, sending household bills spiralling above £2,000.
From the newsletter: The energy crisis exposes a broken system driven by privatisation and profit.
The move could send energy bills rocketing by 30 per cent next year, analysts suggest.
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