Division between Boris Johnson and Rishi Sunak arises over tax on excess profits of energy companies

Rishi Sunak, the chancellor, was asked this morning during an interview with the BBC if he is rethinking the case for a windfall on oil and gas companies.

He said he is “not naturally attracted to exceptional taxes in general”, but that he is “pragmatic” about the situation and that a new tax is therefore not “off the table” in the future.

He said: “I find that there are actually two camps of people. There are people who think that windfalls can never be the answer and then there are other people who think that windfalls are an easy, quick and simple answer to any problem. unload.

“I’m not in one of those movements, I’m pragmatic about it. Of course, as I said, I’m not attracted to the idea of ​​them, but what I do know is that these companies are making a significant amount of profit right now because of these very high prices.

“What I want to see is significant investment back into the UK economy to support jobs, support energy security and I want to see that investment quickly. If that doesn’t happen, there are no options off the table.”

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