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The National (Scotland)
The National (Scotland)
National
Abbi Garton-Crosbie

Chancellor's oil firm tax break could have insulated 2 million homes, think tank says

Rishi Sunak's policy has been heavily criticised

RISHI Sunak’s fossil fuel subsidy could have permanently cut the energy bills of £2 million homes by £342 a year if the Government had invested in insulation measures instead, a think tank has said.

The Chancellor announced a 91% tax break to oil and gas companies alongside the windfall tax on firm’s huge profits last week.

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