Rishi Sunak to announce windfall tax on energy firms

One-off levy to fund support package amid cost of living crisis which could include increase in benefits

Rishi Sunak will push the button on a controversial windfall tax on energy companies on Thursday, as he lays out measures to ease the pain of rising household bills.

The chancellor has confirmed he will announce fresh support for people struggling with the cost of living crisis. The measures are expected to help the poorest households as rampant inflation pushes up the price of everything from food to fuel.

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