No10 floats threat of windfall tax if energy giants don’t invest to boost supplies

Rishi Sunak not ruling out a windfall tax on energy giants

(Picture: PA Wire)

Downing Street appeared on Thursday to open the door to a windfall tax on energy giants if they fail to invest to boost Britain’s supplies.

No10 defended the current stance of rejecting Labour’s call for such a levy to raise more than a billion pounds to ease the cost-of-living crisis hitting millions of families across the country.