Good morning, and welcome back to First Edition, which I hope you’ve already recommended to three of your friends.
For one measure of the clarity of the government’s plan to alleviate the cost of living crisis, consider the rollercoaster ride of its view of a windfall tax on oil and gas profits yesterday: first Dominic Raab said it would be “disastrous”. Then Boris Johnson said it was a “tax on business”. Then Rishi Sunak said “nothing is ever off the table”. All of this a day after the PM asked his cabinet for solutions he could put in place for free.
