Labour’s proposal for a one-off windfall tax on oil and gas producers would cut household energy bills by £600.
Labour’s proposal for a one-off windfall tax on oil and gas producers would cut household energy bills by £600.

This week, data from Citizen’s Advice has revealed that nearly 1 in 6 people in Ladywood are unable to pay their energy bills without cutting back on essential spending – such as the food shop.  

In April, the number of people unable to pay their bills, even after cutting back on essentials, is set to increase by more than 100%, as the Conservatives bring in a hike in National Insurance at the worst possible time.  

The war in Ukraine is likely to drive a further surge in energy prices and inflation – with prices estimated to increase by a further £900 in October.  

Member of Parliament for Birmingham Ladywood, Shabana Mahmood said: 

“These figures from Citizen’s Advice highlight the astronomical price rises that are squeezing our communities.

“Before the Ukraine crisis, inflation was already spiralling, and Conservative choices have left us exposed to a cost of living crisis.

“The Government must halt its deeply unfair National Insurance rise that will hit working people and business.

“It is also time for the Government to look again at Labour’s proposal for a one-off windfall tax on oil and gas producers, which would cut household energy bills by £600.”

ENDS 

Link to Instagram Link to Twitter Link to YouTube Link to Facebook Link to LinkedIn Link to Snapchat Close Fax Website Location Phone Email Calendar Building Search