Early day motion tabled by primary sponsor Lindsay Hoyle (Labour), on Wednesday, 27 February 2008, in the House of Commons. It is signed by 39 members in total.

WINDFALL LEVY ON ENERGY COMPANIES

That this House notes with concern the decision taken by a number of energy companies to increase prices by in the region of 15 per cent.; further notes that energy companies continue to make huge profits with British Gas announcing profits in excess of ??500 million for the past year; recognises that while energy companies satisfy shareholders the consumer is left to suffer, in particular those on low incomes and fixed incomes; and calls on the Government to impose a windfall levy on the privatised energy companies and use the money to increase the winter fuel payment payable to pensioners.

Amendments

The Early day motion has received 2 amendments.

1068A1: at end add `and establish a single national energy efficiency fund to retrofit older properties.'.
1068A2: at end add `, and to extend the payment to disabled and other vulnerable groups who require additional heating.'.

Secondary information

Type: Early day motion
Reference: 1068; 1068A1; 1068A2
Session: 2007-08
Other sponsors: Jim Dobbin; David Crausby; David Leslie Taylor; Baroness Clark of Kilwinning; Bob Russell
Subjects: Energy Industry Utilities Taxation
Link: View this Early day motion on www.parliament.uk

WINDFALL LEVY ON ENERGY COMPANIES

Amendments

Secondary information

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