Tax Justice calls for 95% Energy Windfall Tax
Today the new Prime Minister Liz Truss announced a huge cost of living support package estimated to be worth £150bn. It will freeze the energy bills of consumers and businesses from further rises. It’s good that the government is stepping in to protect us from soaring energy bills. This is Continue Reading
Government Help is trying to ease Energy Prices
The government is providing £400 to help households with rising fuel bills. Customers paying by direct debit or “smart” prepayment devices will receive the money automatically, while others will receive a voucher they can redeem at a local Post Office. More than four million households use prepayment meters in Britain, Continue Reading
Trussell Trust Calls for Urgent Incease in Universal Credit
AN URGENT increase in Universal Credit is necessary as the cost of living crisis pushes people to make “dangerous, impossible decisions” in an attempt to make ends meet. Prices of essential goods in the UK are skyrocketing due to the inflation hiking at a 40-year high of nine percent, driven Continue Reading
Sunak Announces Windfall Tax
This afternoon Rishi Sunak stood up in the House of Commons and promised to introduce a windfall tax on profits racked up by the energy giants. The Chancellor also announced a £15 billion package of support, including a £400 discount on energy bills for all and a £650 one-off payment Continue Reading
Can Shell Be Dismantled?
It has been a turbulent year for the oil and gas giant Shell. Last May, Dutch courts ruled that Shell must drastically reduce its carbon emissions. In October, ABP, a major shareholder, divested from the company. The following month, the firm announced plans to move its headquarters from the Hague Continue Reading
