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The Independent UK
The Independent UK
National
Martina Bet

Chancellor will impose windfall tax on energy giants’ profits, insists Miliband

​​Rishi Sunak Ed Miliband Kwasi Kwarteng Oil Sophy Ridge
PA Archive

Rishi Sunak will ultimately decide to impose a windfall tax on energy giants to help families deal with the cost-of-living crisis, Ed Miliband has suggested.

Labour will put forward an amendment to the Queen’s Speech in the House of Commons on Tuesday for a one-off windfall tax on oil and gas firms’ bumper profits.

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