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World

Liz Truss's camp hits back over Treasury windfall tax plans

10 August 2022

8:32 PM

10 August 2022

8:32 PM

Is the government about to toughen up its windfall tax? That’s the talk in Westminster today as Chancellor Nadhim Zahawi and Business Secretary Kwasi Kwarteng meet energy company executives to discuss measures to tackle the rising cost of living. The government is reported to be looking to strengthen the 25 per cent levy on the industry’s record-breaking profits announced in May.

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