In an effort to complete the full set of U-turns, the Sunak administration is at least considering how to extract more revenue from energy companies. Such a move would further narrow the differences in tax policy between the Labour and Conservative front benches, which despite the shrill and shouty nature of modern politics, are now close to identical. Raking off an even larger share of energy industry profits has a number of obvious political attractions. Portraying a plan to increase … read more »

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