Cabinet divisions over the cost of living crisis have been exposed, as business secretary Kwasi Kwarteng argued firmly against an “arbitrary” windfall tax on energy firms just days after Rishi Sunak indicated he was ready to consider the move.
Inflation and the cost of living have emerged as the key issues for crunch local elections across Britain on Thursday, with opposition parties saying a windfall tax could help ease the burden of soaring gas and electricity bills on families.
