Major 'calls for excess profits tax on energy firms'

Former Prime Minister Sir John Major has reportedly called for energy companies to pay an excess profits tax if the Government is forced to make winter fuel payments due to the rise in bills.

Bloomberg's political correspondent Kitty Donaldson wrote on Twitter:

43d6nihc1r2io145yqi4_normal

John Major calls for an excess profits tax on energy companies if govt forced to make winter fuel payments

Advertisement

ScottishPower raises prices

ScottishPower is to raise the average prices of their duel fuel bills by 8.6%, gas by 8.5% and electricity up 9%. It comes as Nick Clegg has admitted the Coalition is split over David Cameron's pledge to cut green taxes on energy bills.