Windfall tax could help pay for the poorest five million to get an increase in benefits

United Kingdom News News

Windfall tax could help pay for the poorest five million to get an increase in benefits
United Kingdom Latest News,United Kingdom Headlines
  • 📰 The Telegraph
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

🔴 The windfall tax on oil and gas giants being prepared by the Treasury could be spent partly on bigger benefits payments for more than five million of the poorest Britons

The windfall tax on oil and gas giants being prepared by the Treasury could be spent partly on bigger benefits payments for more than five million of the poorest Britons.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Telegraph /  🏆 41. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cost of living: Former Tory leader calls for benefits increase 'to help poorest cope'Cost of living: Former Tory leader calls for benefits increase 'to help poorest cope'The government is handing out £150 council tax rebates for many homes and will take £200 off energy bills from October - but campaigners say this does not go far enough.
Read more »

Act now or face windfall tax, warns ministerAct now or face windfall tax, warns minister🔴A Treasury minister on Monday ordered energy giants to boost their UK investment plans or risk a windfall tax
Read more »

Cost of living: We cannot rule out a windfall tax, says ministerCost of living: We cannot rule out a windfall tax, says ministerSimon Clarke will not confirm a levy on energy firms to tackle rising costs, but promises pragmatism.
Read more »

Sunak orders plan for windfall tax on electricity generators\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »

Tory row over energy windfall tax widens as more ministers oppose ideaTory row over energy windfall tax widens as more ministers oppose ideaHealth Secretary Sajid Javid and Northern Ireland Secretary Brandon Lewis became the latest senior Tories to caution against the move, despite it having widespread public support.
Read more »

Major review calls for windfall tax on biggest private children’s home providersMajor review calls for windfall tax on biggest private children’s home providersThe Independent Review of Children’s Social Care is calling for a ‘radical reset’ to improve the lives of children in care and their families.
Read more »



Render Time: 2025-02-25 17:21:30