Starmer labels Truss announcement defence ‘ridiculous’

Labour leader has labelled prime minister Liz Truss’ reasoning for not expanding the windfall tax as energy prices soar as “ridiculous”.

This comes after Truss announced her new government’s support for the cost of living crisis.

Truss argued that windfall tax would deter investment, something Starmer said “falls apart at first inspection” following comments by BP boss that windfall tax would not stop investment.