Three stories: 🔴Jacob Rees-Mogg warns Sunak that no tax is 'economically cost-free' 🔴Sky's Alex Crawford visits Severodonetsk, Ukraine 🔴This is what social media posts tell us about gunman Salvador Ramos
- which suggested the tax could discourage investment - as well as the Conservative backbenches, where MP Richard Drax accused the chancellor of"throwing red meat to socialists".
Pensioners will also receive a £300 payment in November/December alongside the winter fuel payment in a move costing £2.5bn, while £150 will be paid by September to people receiving disability benefits. The chancellor attempted to avoid calling his plan for a 25% energy profits levy a"windfall tax", as he was accused by Labour of having been dragged"kicking and screaming" into a U-turn on the policy the Opposition has spent months calling for.
That is because over the next five years the original £200 rebate for energy bills, which was announced in February, and doubled and turned into a grant by the chancellor on Thursday, will no longer be paid back by consumers as originally planned.into lockdown parties in Downing Street, laying bare details of drunken parties, fighting and karaoke in the heart of government at a time when COVID-19 restrictions were in place.