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Tribune News Service
Tribune News Service
World
Emily Ashton, Kitty Donaldson

Truss rules out funding UK energy support with windfall tax

Prime Minister Liz Truss said she would set out her plan Thursday to help U.K. households and business facing soaring energy bills, as she ruled out funding the support package with a windfall tax on companies.

In her first Prime Minister’s Questions session in Parliament since formally taking office on Tuesday, Truss underlined her tax-cutting ambitions and warned that Britain could not “tax our way to growth.”

But she faced criticism from Keir Starmer, leader of the opposition Labour party, who warned she had made a “political choice” in allowing energy firms to make excess profits while working people would “foot the bill for decades.”

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