Tag Archives: windfall tax

Ed Davey calls for Windfall Tax on energy companies to help people cope with rising prices

Ed Davey went on BBC Breakfast this morning to call for a windfall tax on energy companies as BP announced soaring profits for the first three months on this year. Funds raised would be used to give people who are struggling with high bills “a really big tax cut.” Ed said that the Conservatives were totally out of touch with what was going on in the country.

Posted in News and Op-eds | Also tagged and | 26 Comments

BP £10bn profits shows windfall tax is about “basic fairness”

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Responding to the news that BP has made £10 billion in the past year following surging oil and gas prices, Liberal Democrat Leader Ed Davey said:

The truth is that this is about basic fairness. It simply cannot be right these energy companies are making super profits whilst people are too scared to turn their radiators on and terrified there will be a cold snap.

The government has said that a windfall tax would harm investment but this is an absolutely bogus argument. These profits

Posted in News | Also tagged | 9 Comments
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