Tax

Birmingham City Council was one of the first to float the idea of operating 'warm banks' across our city this winter. My colleague, councillor John Cotton, has led the way. I will always be proud of the work Labour is doing to protect as…

Liz Truss will today announce her plan to make sure households are not driven into poverty (anymore than they already are) by sky-rocketing energy bills. Plans reported over the past few days suggest that the government will cap annual gas…

Eight in ten people have said that they want the government to intervene and freeze the energy price cap at the current £1,971 per year rather than allow bills to rise to £3,549 from October, according to a new poll. Following the…

Anneliese Dodds has accused Rishi Sunak and Liz Truss of offering "fantasy economics" in response to the cost-of-living crisis and urged the Conservative leadership candidates to back Labour's "fully-costed" plan. In a Times Radio interview…

Rishi Sunak and Liz Truss have now gone head to head in six hustings with Tory members in various locations across the country. A lot has been said and, I hate to break it you, a lot still remains to be said – with six further sessions…

Frances O’Grady has a demanded a "pandemic-scale intervention" to combat spiralling energy bills after analysis revealed that annual bills are expected to cost more than two months' wages in 2023 unless the government takes action. The…

Ed Miliband has declared that the Conservatives are "missing in action" on the cost-of-living crisis after the government failed to agree any new support measures in a meeting with energy company executives. Boris Johnson, Nadhim Zahawi and…

Labour has urged the government to close a "major tax loophole" in the windfall tax ahead of a meeting between ministers and energy company executives to discuss what the companies plan to do with their unprecedented profits. Nadhim Zahawi…

Labour's Kerry McCarthy has warned that oil and gas companies have benefited from a "uniquely generous" tax regime in the UK, created by successive Conservative governments, and argued that it is "time that they pay their fair share". A…

150,000 people have signed up to a nationwide campaign to fight back against rising prices and wage stagnation and to pressure the government to take action on the cost-of-living crisis as households across the country struggle to cope…

Rachel Reeves has said the tax breaks the government is offering oil and gas companies are "totally wrong" after BP reported that its profits had tripled to nearly £7bn in the second quarter of the year. The Shadow Chancellor said: "People…

Keir Starmer has warned that "the financial situation has changed" and that therefore there are commitments that he made when standing to be Labour leader that he will no longer be able to fulfil in government. Asked if it is the case that…