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Evening Standard
Evening Standard
World
David Bond

Minister opens door to windfall tax on energy companies

The cost of living soared in the year to April

(Picture: PA Wire)

A minister has opened the door to a windfall tax on energy companies to help fund further support for struggling families facing a cost of living crisis.

Policing minister Kit Malthouse said on Thursday morning that while he was “intrinsically opposed” to retrospective taxes “there are Conservative administrations in the past who have felt the need to tax retrospectively and sometimes the circumstances might warrant that.”

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