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The Windfall

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Originally published June 27, 2017
Authors Diksha Basu
GenresHumour
Domestic Fiction
Date of Reg.
Date of Upd.
ID2929491
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About The Windfall


From actress Diksha Basu comes a sparkling comedy of manners about social climbing, social rivalry and social anxiety in the New IndiaAnil Kumar Jha has worked hard and is ready to live well. After thirty years in a modest flat, he and his family are moving to Gurgaon, one of Delhi's richest areas. . . .

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Liz Truss urges PM to cut taxes and benefit increases

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... In addition to reflecting on her time in office, Ms Truss will use her speech to urge the government to for tourists and abolish The Windfall tax on oil and gas firms...

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... Earlier this month, the Treasury announced The Windfall tax would stay in place until 2028 but closer to historical levels for a sustained period...

Windfall tax to be suspended if energy prices drop

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...By Noor NanjiBusiness reporter, BBC NewsThe Windfall tax on oil and gas firms will be suspended if prices fall to normal levels for a sustained period, the government has announced...

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... The Labour party has pledged to extend The Windfall tax further, but has not indicated by how much...

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... He says the lucky man is looking forward to spending The Windfall on his family: " He said to me, Oh the wife will be happy ...

Energy firms call for windfall tax to fall with prices

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...By Noor NanjiBusiness reporter, BBC NewsEnergy firms have called on ministers to reduce The Windfall tax as oil and gas prices fall, ahead of a package of measures on energy security expected to be announced on Thursday...

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... Centrica paid £1bn in tax relating to its 2022 profits and of that, about £54m was paid as result of The Windfall tax - called the Energy Profits Levy - which was introduced by the government last year to recoup some of the " extraordinary" earnings made by firms, and to help fund lower gas and electricity bills for households...

Liz Truss urges PM to cut taxes and benefit increases

Feb 11,2023 9:41 pm

Rishi Sunak should cut taxes, reduce benefit increases, raise The Retirement age and delay net-zero commitments, his predecessor Liz Truss is set to say.

In a speech, the former Prime Minister will also vehemently defend the policies she tried to enact during her chaotic 44 days in office.

She will acknowledged That she tried to do things in a rush.

But the Tory MP will argue That she could not deliver her plans due to the " political and economic establishment".

Her speech at an event held by The Institute for Government Think Tank comes almost a year After Her government unveiled a series of economic measures - described as a mini-budget - That included £45bn of tax cuts alongside support for people struggling with rising energy bills.

The plans triggered weeks of economic turmoil and just a few weeks later Ms Truss was forced to scrap almost all of the measures.

Her premiership did not survive The Massive U-turn and she resigned less than a month after the mini-budget.

The Speech will be one of The Few occasions she has spoken in public about her tenure and she is expected to say: " Some People said we were in too much of a rush.

" And it is certainly true That I didn't just try to fatten The Pig on Market Day - I tried to rear The Pig and slaughter it as well. I Confess to That .

" But The Reason we were in a rush was because voters wanted to see results.

" I knew with The Level of resistance and the lack of preparation time That things weren't going to be perfect. "

She is expected to say That communication " could have been better and the operation better honed" but also That she was unable to implement her plans because there was a " powerful force comprising the economic and political elite, corporatists, parts of the media and even a section of The Conservative parliamentary party" opposed to her ideas.

She will also argue That her tax cuts were not unfunded as they would have increased revenue in the long term.

In addition to reflecting on her Time In office, Ms Truss will use her speech to urge the government to for tourists and abolish The Windfall tax on oil and gas firms.

" We need to get a grip on the ballooning welfare and pensions bill. This means slowing the rate of increases to benefits and tougher work requirements. It also means raising The Retirement age further, " she will say.

Responding to her speech, the Liberal Democrat's deputy leader Daisy Cooper said: " Liz Truss giving a speech on Economic Growth is like an arsonist giving a talk On Fire safety. "

Conservative MP and former minister Damian Green said: " It's been a year since Liz wrote a Budget. I'm glad she's not responsible for this year's. "

Meanwhile Labour have called on the Prime Minister to block Labour's shadow paymaster general Jonathan Ashworth argued That " those who crashed the economy" should not be rewarded.

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Source of news: bbc.com

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