Free Trial

Truss: No Windfall Tax On Energy Profits, Statement Tmrw On Support

UK

Answering her first PMQs session in the Commons, Prime Minister Liz Truss confirms that she is not in favour of a windfall tax on excess profits from energy firms.

  • Also confirms that she will deliver a statement to the House tomorrow on her government's plans for assisting with energy prices.
  • No set timing, but prime ministerial statements are usually delivered at 1230BST (0730ET, 1330CET) or 1530BST (1030ET, 1630CET).
  • Compared to more free-wheeling PMQs with PM Boris Johnson in place, Truss takes a much more ideological line on supporting free-market economics.
  • Livestream: https://www.parliamentlive.tv/Event/Index/766f21ee...

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.