Sir Ed makes case for windfall taxon oil and gas companies' profits in the autumn budget on 17 November by increasing the rate from 25% to 30% and extending it until 2028.Sir Ed said events in Ukraine had only strengthened his party's argument for the government to extend the windfall tax on the"record" profits of the oil and gas companies.
"The case for our windfall tax has only got stronger, as those profits have soared even higher for one main reason - a brutal dictator spilling innocent Ukrainian blood," he told the audience of Liberal Democrat party members. "There are no arguments left. The right thing to do - the fair thing to do - is to tax those blood-oil profits."The Liberal Democrat leader also suggested that Mr Sunak is afraid to call a general election as he knows the Conservative Party would lose.
In a direct message to the PM, he said:"Your government does not have a shred of credibility left. It does not have a shred of legitimacy left. If you had a shred of integrity left, you would call a general election now." Sir Ed was supposed to deliver his autumn speech at the Liberal Democrat's annual conference in September, however this was cancelled due to the period of national mourning following the death of the Queen.
Source: Loan Digest (loandigest.net)
Might get a loan out if I can get it paid off, happy days
That's mental.
Liz trusses plan would have brought inflation back down by January and kept interest rates lower than they are now. Perhaps they should be asking the question as to why the msm wanted them gone and rishi installing.
Idiots!
They really want to dig deep into that money tree now
Europeanremain Good idea.
Of course they have, they're chasing the tory vote. Note that SIR Ed was more concerned about mortgages than homelessness, rising poverty, atrocious conditions for people seeking asylum, the NHS crises.... I could go on. Tories, Libdems and Labour morphing into each other.
Poor landlords.
Who?
Taxpayer bailing out folk that wanted mansions instead of what they could reasonably afford
Mortgage rates are falling.
What all of them
Its the Libundem magic money tree again
Another step to the government and banks owning you as we all know you don't get something for nothing as the UK become BenefitBritain and what is more scary lots have accepted and want this
As a mortgage broker even if we got someone a ches rate we stress tested it against SVR and the lender would have been SVR + My mortgage will roll off next year and I will take a variable product. It won’t be as cheap but it will be affordable. I won’t like it but will pay it.
Just because you are told you can borrow £500k by your building society doesn't mean you have to.
Expecting the state to help you pay your mortgage....!!!.......oh dear that slippery slope is well greased isnt it.
Ffs! When are people going to look after themselves. Mortgages were 15+ % in the 1980's no bail outs then. Just bloody hardwork!
All the leaders come out with these statements but none of them say how there going to fund them, that's all leaders not just Lib Dems.
Do these clowns not realise that interest rates globally are rising and have been at basically zero for about 14 years?
So £3bn to people who can afford to buy a house EdwardJDavey? Seems very much a policy for the south.
Lib who? 🤔
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