Coffee House Shots

Is a windfall tax justified?

11 min listen

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.

Comments

Want to join the debate?

Only subscribers can comment. Sign up and – in the run-up to the election – you’ll get the next three months for just £3.

Already a subscriber? Log in