Richard Madeley has urged the Tory government to introduce a windfall tax on energy firms who are benefitting from the rise in prices.
The ITV Good Morning Britain ( GMB ) host said he would make a bet with the Foreign Secretary Liz Truss that the government would perform a u-turn on the Labour plan.
Keir Starmer 's Labour Party has been calling on Boris Johnson and Chancellor Rishi Sunak to implement a tax to help families across the country to deal with the cost-of-living crisis.