Abingdon MP requires “Robin Hood tax” on energy giants

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An MP wishes to support households with heating expenses with a ‘Robin Hood’ tax on energy giants.

Layla Moran, Lib Dem MP for Oxford West and Abingdon, contacted the Secretary of State for Energy Kwasi Kwarteng to back the celebration’s require a “Robin Hood” tax on the super-profits of oil and gas companies, to raise cash to support regional households dealing with skyrocketing energy expenses.

The proposed one-off levy might raise over ₤ 5 billion to assist support households in Oxford West and Abingdon as their energy expenses sky-rocket.

The Liberal Democrats state “one-off” tax might money a significant bundle of emergency situation assistance to assist countless individuals dealing with greater expenses. The celebration is likewise requiring the winter season fuel allowance to be doubled.

Read likewise: MP for Wantage and Didcot requires modification on bad practices from real estate designers

Ms Moran stated: “It can’t be best that a couple of energy companies are making millions from record gas rates while individuals can’t even manage to warm their houses as the expense of living crisis strikes my constituency hard.

” A one-off Robin Hood tax on gas and oil managers would supply important financing to support households in our location who are dealing with debilitating energy cost walkings.

” For years the Conservatives have actually neglected this issue and stopped working to take the vibrant action we require to lower fuel hardship. The Government can not look the other method any longer while households have a hard time to manage.”.

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