Lucy Hough
๐ค SpeakerAppearances Over Time
Podcast Appearances
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.
Yeah, so a lot of uncertainty for people and it sounds like it's a very valid anxiety.
Meanwhile, for the oil companies like BP and Shell, do we know what they're doing with these enormous profits?
Is this being given out in big bonuses to executives or handed out to shareholders?
Yeah.
And a lot of rich shareholders are getting substantially richer as consumers are paying more for this crisis.
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.
That windfall tax has continued.
But is it strong enough?
Are there calls for it to be reformed in any way, given the enormity of these profits?
So is that the only kind of lever that the government could pull in its arsenal?
What else is the government sort of politically looking at?
Because the real crisis is expected to bite later this year, particularly as we approach the winter months, right?
You have the platform, Gillian.
Yeah.
And let's also hope that someone in the current government is listening.
Meanwhile, Ed Miliband, the Energy Secretary, has been under a lot of pressure to tap into the reserves in the North Sea.
Clearly fossil fuels, therefore oil and gas and drilling there.
But he, as the great proponent of Great British Energy, driving the clean transition, has been holding very firm on that.
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?