RISHI Sunak’s “criminal” energy plan will penalise firms who choose to invest in renewables over fossil fuels and give cash to wealthy second home owners.
Prime Minister Boris Johnson has boasted about the “big bazooka” support package brought in by the Chancellor, but the policy will also hand over a second £400 grant to second homes and encourage firms to extract more oil and gas in the north sea. Those who do will receive a tax break worth 90% of the windfall tax, almost cancelling it out.
