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Lucy Hough

๐Ÿ‘ค Speaker
504 total appearances

Appearances Over Time

Podcast Appearances

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

There's been huge numbers of flights cancelled this week and people feeling very uncertain about what that means for their summer holidays as we approach that time of year.

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

Yeah, so a lot of uncertainty for people and it sounds like it's a very valid anxiety.

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

Meanwhile, for the oil companies like BP and Shell, do we know what they're doing with these enormous profits?

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

Is this being given out in big bonuses to executives or handed out to shareholders?

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

Yeah.

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

And a lot of rich shareholders are getting substantially richer as consumers are paying more for this crisis.

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

So we know that in 2022, after Russia's full scale invasion of Ukraine, there was a windfall tax introduced by Rishi Sunak under the then Tory government.

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

That windfall tax has continued.

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

But is it strong enough?

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

Are there calls for it to be reformed in any way, given the enormity of these profits?

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

So is that the only kind of lever that the government could pull in its arsenal?

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

What else is the government sort of politically looking at?

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

Because the real crisis is expected to bite later this year, particularly as we approach the winter months, right?

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

You have the platform, Gillian.

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

Yeah.

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

And let's also hope that someone in the current government is listening.

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

Meanwhile, Ed Miliband, the Energy Secretary, has been under a lot of pressure to tap into the reserves in the North Sea.

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

Clearly fossil fuels, therefore oil and gas and drilling there.

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

But he, as the great proponent of Great British Energy, driving the clean transition, has been holding very firm on that.

Today in Focus
Outrage as oil giants profit billions from Iran war โ€“ The Latest

Is this a moment where we talk all the time about Labour's failure to tell a story about what it's doing, that it doesn't politically sell what it's doing to voters?