UK Parliament / Open data

Oil and Gas Producers: Windfall Tax

The Minister is right to say that we are in a unique position, but that requires a unique policy response. He will know that the most vulnerable are at risk from inflationary pressures, especially in energy prices. We are looking at inflation of 6%. When the rates for social protection were set in September, inflation was 3%. Do we not need a unique response just for this situation and this year, to reset those levels to reflect the true cost of living in April?

Type
Proceeding contribution
Reference
708 c208 
Session
2021-22
Chamber / Committee
House of Commons chamber
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