23-05-2022 15:14 via theguardian.com

Forget a gimmicky windfall tax. Energy companies should be forced to slash bills instead | Simon Jenkins

Who knows where that extra tax revenue would end up? There is a better way to help people struggling with the cost of livingWhen all politicians agree on something, it is probably a bad idea. A windfall tax on energy companies is currently in populist vogue and is superficially plausible. Thanks partly to reckless sanctions policies against Russia, British energy users have seen their bills rocket by 70% in the past year, with further hikes promised in October when the official price cap on a bi
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