Rising energy bills prompt emergency measures; windfall tax on energy companies expected soon.
With the strain of rising energy and fuel prices affecting households across the UK, Chancellor Rishi Sunak is poised to reveal a comprehensive cost-of-living support package. Media outlets report that this “rescue plan,” aimed at providing immediate relief to millions, could amount to billions of pounds. The anticipated support may include a windfall tax on energy companies, with an announcement likely in the coming days.
As economic concerns dominate headlines, the “partygate” scandal continues to simmer. Recent claims of lockdown violations within government circles add to the pressures on Westminster, prompting some analysts to suggest the cost-of-living plan may serve to divert attention from the ongoing scandal.