North Sea oil companies have “more money than they know what to do with” and should be subject to a windfall tax, Keir Starmer has demanded.
The Labour leader called on Boris Johnson to tax oil giants like Shell and BP and stop “protecting energy profits not working people”.
At Prime Minister’s Questions Starmer said that consumers were facing soaring energy bills and that Chancellor Rishi Sunak’s repayable loans plan was a disaster in the making.