Is the windfall tax justified?
May 26, 2022•11 min
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Episode description
Rishi Sunak has announced a new tranche of economic measures designed to help ease the cost of living crisis in the UK. The new payments will be funded by a windfall tax on energy companies, which comes as the government U-turns on its previous opposition to the policy. On the episode, Katy Balls talks to James Forsyth and Kate Andrews about these measures – and especially the windfall tax.
Kate doesn't mince her words, arguing that 'This tax grab is possibly going to be a nail on the coffin for a Tory party that has been hiking taxes for the last two years'.
Produced by Natasha Feroze and Cindy Yu.
Kate doesn't mince her words, arguing that 'This tax grab is possibly going to be a nail on the coffin for a Tory party that has been hiking taxes for the last two years'.
Produced by Natasha Feroze and Cindy Yu.
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