we ve been able to almost survive with the assistance that s come through from the government. that this is almost going to be taken away from us through no fault of our own is a very frightening, very worrying, very scary time for us as a young family. how are we going to make ends meet? how are we going to pay our bills? how are we going to pay for our gas and electric? i have absolutely no idea. now, there have been calls for energy companies making profits from the current high global energy prices to pay more tax. in may, the one off tax imposed on energy company profits known as the windfall tax was raised to 25%. today, the chancellor said it would go up again to an extra 35% from next january, and it would be expanded to include other electricity generators, and last until 2028. jeremy hunt said together, he expected the measure to raise £14 billion next year alone. but companies and business groups say it could deter vital investment in renewables. there will be some conc
for energy companies making profits from the current high global energy prices to pay more tax. in may, the one off tax imposed on energy company profits known as the windfall tax was raised to 25%, but today, the chancellor said it would go up again to 35% from next january and it would be expanded to include other electricity generators, and last until 2028. jeremy hunt said together he expected the measures to raise £14 billion next year alone. but companies and business groups say it could deter vital investment in renewables. there will be some concerns that the new levy on electricity generation - might mean we see less investment in renewable energy, whereas i think- what businesses and people generally want to see is an increase in our- investment in renewable energy. that is the only way out of the energy. crisis we face over the long term. one thing that was missing was any detail on how much support business will get with their energy bills from april next year more