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Transcripts for BBCNEWS Newscast 20240604 19:40:00

for money that fix because it is good value for money for taxpayers and that is what for money for taxpayers and that is what the for money for taxpayers and that is what the chancellor has to make a decision what the chancellor has to make a decision about in the end. if decision about in the end. if somebody were work in earns a portion and makes a fortune in tax they should pay more tax. it’s portion and makes a fortune in tax they should pay more tax. it s about olitical they should pay more tax. it s about political trances they should pay more tax. it s about political trances in they should pay more tax. it s about political trances in the they should pay more tax. it s about political trances in the end. - they should pay more tax. it s about political trances in the end. if - they should pay more tax. it s about political trances in the end. if you i political trances in the end. if you make political trances in the end. if you make a political trances in the

Transcripts for BBCNEWS Newscast 20240604 19:46:00

as chancellor resisted that, said it was the wrong policy. eventually they came in with an energy profits levy. but it had so many holes in it it meant that shell didn t pay a penny of that energy profits levy last year. so i said that labour would fix the holes in that, get rid of those loopholes and we believed it could raise another £10 billion and we would use that to help people said the cost of living. the government, i welcome the fact that the government said yesterday they will freeze gas and electricity bills for a further three months, but instead of funding that through tax receipts or through borrowing, they could have funded it by asking the energy giants, who are making windfalls of war to pay more. so that is a different choice that labour would make compared with the conservatives.

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