Liz Tras refuted the growing rumors of an unexpected tax on energy companies, even when she admitted that the UK was in a “very difficult economic situation”.
The foreign minister later spoke to Sky News’ Kay Burley showed new numbers Inflation has reached a four-decade high of 9%, he said, adding that the rise in the cost of living is “extremely high”.
But he warned that the one-time tax proposed by Labor, like the one-time tax on BP և Shell, which has seen a rise in profits as oil and gas prices rise, could deter investment.
Labor said the government was “refusing to take action to help those affected by rising inflation.”
Mrs. Truss said. “We are in a very difficult economic situation. We are facing a number of very serious global winds. Inflation is too high.
“What we are doing is to increase our economic growth, to attract investment to the United Kingdom, to counter these global countermeasures.
“But, of course, it’s very difficult for people all over Britain, in fact all over the world.”
Asked about the idea of an unexpected tax, he said the UK had been able to keep unemployment low due to its success in attracting investment.
“The problem with the unexpected tax is that it makes it difficult to attract future investments to our country, so imposing such a tax has costs.
“My view is that lower taxes are the best way to attract more investment, to bring to this country businesses that can create high-paying jobs, which we need to withstand these global shocks.”
Disputing with the recent confession of BP CEO Bernard Looney that the unexpected tax will not stop investment programs, he said:
Labor shadow shadow chancellor Rachel Reeves told Sky News: “Inflation is at its highest level in 40 years. However, the government is refusing to take the necessary steps to help some people.”
Ms. Reeves pointed out “retirees who do not turn on the heating when they need it because they worry about bills, mothers who skip meals to make sure their children get three meals a day.”
“We must not tolerate this in 2022. The government must do much more. “
In a parliamentary vote on Tuesday, the shadow chancellor criticized the Tories for rejecting Labor’s plan for an unexpected tax that would be used to cut consumer gas and electricity bills.
However, former Conservative Minister Robert Halfon ել Mel Stride, chairman of the Treasury Electoral Commission Mel Stride, both said they supported the policy.
Tras refuses unexpected taxes, but admits Britain is in “very, very difficult economic situation” | Political news
Source Tras refuses unexpected taxes, but admits Britain is in “very, very difficult economic situation” | Political news