(5 days, 22 hours ago)
Commons ChamberFor as long as the UK depends on oil and gas, global conflicts will continue to drive price hikes for my constituents in Bedford and Kempston, who face soaring bills when the price cap ends in June. Does the Secretary of State agree that lower bills should come before company profits, and will he levy a windfall tax on the fossil fuel companies, which are making billions from this crisis?
As a result of decisions made by my right hon. Friend the Chancellor, we are raising significant sums from the windfall tax. We do not agree with the Opposition parties that now is the time to abolish the windfall tax; we think that is really important revenue that can help many of our constituents.
(11 months ago)
Commons ChamberThe hon. Lady raises a really important point. That is why we are working with the Department for Education to make sure we do not just have a clean power plan that will help to create hundreds of thousands of jobs across the country and invest in supply chains, which I talked about earlier, but crucially offer opportunities for younger workers and inspire them about the possibilities that are available, and create opportunities for older workers, too. All that work is ongoing in Government.