Is the windfall tax justified?

Rishi Sunak has announced a new tranche of economic measures designed to help ease the cost of living crisis in the UK. The new payments will be funded by a windfall tax on energy companies, which comes as the government U-turns on its previous opposition to the policy. On the episode, Katy Balls talks to James Forsyth and Kate Andrews about these measures – and especially the windfall tax.Kate doesn't mince her words, arguing that 'This tax grab is possibly going to be a nail on the coffin for a Tory party that has been hiking taxes for the last two years'.Produced by Natasha Feroze and Cindy Yu.Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcasts.Contact us: [email protected] Hosted on Acast. See acast.com/privacy for more information.

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