Kirsten Oswald
Main Page: Kirsten Oswald (Scottish National Party - East Renfrewshire)Department Debates - View all Kirsten Oswald's debates with the HM Treasury
(2 years, 5 months ago)
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Rishi Sunak
My hon. Friend is a champion for the industry and is right to be so. I am happy to come and meet him and representatives from the sector, because I share his view that the industry is an important part of our economy and of our future. As he said, it helps us transition to net zero and improve our energy supply.
Kirsten Oswald (East Renfrewshire) (SNP)
The SNP supports action—at last—on a windfall tax. As my hon. Friend the Member for Aberdeen North (Kirsty Blackman) pointed out, we first called for that in 2020. Energy companies, which are disproportionately based in Scotland, are not the only businesses to make excess profits during the pandemic and the crisis period. Did the Chancellor not give any consideration to expanding the tax to other companies that are unfairly benefiting from significantly higher business, such as Serco or Amazon, to make sure that Scotland does not carry a disproportionate burden of funding a UK-wide response?
Rishi Sunak
No, we are not giving consideration to that. As I said, we are giving consideration to excess energy profits being made in other parts of the sector, on the generation side. As I said, we will examine the scale of that challenge and the right steps to address it.