Soaring energy bills are driving the biggest fall in living standards in living memory. 

To ensure that the needs of people are put ahead of the profits of energy giants, we need bold action including freezes to the energy price cap, energy firms brought into public ownership and the rolling-out of a mass programme of home insulation.

We must also urgently tackle the eye-watering levels of profits that North Sea oil and gas companies are making on the backs of higher bills for ordinary people. 

The Conservative Government’s Windfall Tax is set far too low and lets the oil and gas giants off the hook. They are continuing to make vast undeserved profits at levels way beyond what they had ever expected. 

We call on the Government to at least double the Windfall Tax so that oil and gas firms do not make a single penny in excess profits out of this crisis. This could raise many billions in additional funding that must then be used to help people through this cost-of-living emergency.