Cut fuel tax in half to help tackle cost of living crisis

0

Fuel taxes should be halved to tackle the cost of living crisis, said a former energy minister, who called Liz Truss and Rishi Sunak’s plans “inadequate”.

Lord Howell, who served as Margaret Thatcher’s energy minister, phoned LBC radio on Sunday to express his disappointment that the two leadership candidates have so far pledged themselves despite inflation and rising energy costs.

He said “nearly half of the families in this country” in the coming months “will face winter in dread” unless the government takes action to provide support.

“It’s ridiculous that people starve to put gas in their tanks and pay half of it directly to the government in taxes.

“I believe half of the fuel tax can be removed.”

Truss and Sunak ‘don’t address horror’

Asked what he thought of Rishi Sunak and Liz Truss’ promises to tackle the cost of living, Lord Howell replied: “I think they are completely inadequate, absolutely inadequate.

“They’re not dealing with the horror, the real horrible fall, as it’s called, that’s going to cripple the lives of so many families in this country.”

Lord Howell, who also served as minister for international energy policy under David Cameron, said the UK should also look to the next five, 10 or 15 years to introduce more nuclear power, and invest in North Sea oil and renewable energies. energy.

It came as supporters of Liz Truss, who has already pledged to make an emergency budget to meet the cost of living, took aim at Rishi Suank’s plans.

Penny Mordaunt on Sunday dismissed suggestions from MPs supporting Mr Sunak, such as Angela Richardson, that Ms Truss had ‘ruled out’ direct winter support payments to help families.

‘She does not rule out any future help,’ Ms Mordaunt told Sky News, adding: ‘But what she has, I think rightly disputed, is the wisdom of withdrawing large sums of money from taxpayers’ pockets and then giving part of it back in ever more complicated ways.

“She was making a general point about the merits of allowing people to keep more of what they earn. And I think that’s the right principle.

Share.

Comments are closed.