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WTX UK News

The latest news form the UK and around Europe – London is home

Chancellor to back down on windfall tax in cost of living crisis plan 

<!-- wp:html --><p><a href="https://wtxnews.com/politics/windfall-tax-in-cost-of-living-crisis-plan/" title="Chancellor to back down on windfall tax in cost of living crisis plan "></a>Sky News says Rishi Sunak is expected to bow to pressure to impose a windfall tax on energy companies when he sets out the government's latest plan to tackle the cost of living crisis later.</p><!-- /wp:html -->

Sky News says Rishi Sunak is expected to bow to pressure to impose a windfall tax on energy companies when he sets out the government’s latest plan to tackle the cost of living crisis later.