UK Labour Leader Pledges to Freeze Energy Bills by Extending Windfall Tax

Britain’s main opposition Labour Party has announced plans to freeze household energy bills, which it said would be paid for in part by an extension of a windfall tax on oil and gas companies.
Labour leader Sir Keir Starmer said the plan would freeze the energy price cap at its current level of £1,971 ($2,377), saving the average household £1,000 ($1,200).
Talking to the BBC on Aug. 15, Starmer said that action is needed when millions of families are struggling to pay their energy bills.
“We have a choice and this is really the political choice of the day. We either allow oil and gas companies to go on making huge profits, which is what’s happening at the moment, or we do something about it,” he said….
Source: The Epoch Times

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