Ian Murray Scotland pandemic target Manufacturing Ian Murray Scotland

MPs in a fizz over windfall tax that could see Irn Bru manufacturer in Lanarkshire targeted instead of oil producers

Reading now: 918
dailyrecord.co.uk

Labour and the SNP worked themselves into a bit of fizz at Westminster over proposals for a windfall tax that could hit the profits of Irn Bru maker Barr's, in Cumbernauld.The SNP proposed the implementation of a wide-ranging windfall tax that would hit the profits large companies made during the pandemic and subsequent cost of living crisis.Ian Murray MP, who is Labour’s shadow Scottish Secretary, criticised the plan ahead of a Westminster debate for failing to back his own party’s idea of a tax on oil companies and instead pushing their own windfall tax that could hit the excess profits of major companies such as the soft drinks manufacturer in North Lanarkshire.The Lanarkshire Live app is available to download now.

Get all the news from your area – as well as features, entertainment, sport and the latest on Lanarkshire’s recovery from the coronavirus pandemic – straight to your fingertips, 24/7.The free download features the latest breaking news and exclusive stories, and allows you to customise your page to the sections that matter most to you.Head to the App Store and never miss a beat in Lanarkshire - iOS - Android He said: “While Labour is proposing a fully-costed plan with a windfall tax on oil and gas producers to help Scottish families pay their bills, the SNP is proposing to tax Irn-Bru.”The parliamentarian slammed the SNP for failing to back Labour’s plan of an £11 billion windfall tax for oil and gas, accusing them of siding with the Conservatives.The parliament representative for Edinburgh South, labelled the SNP plan “half-baked” and claimed it would leave them in a position of supporting a tax on “ginger” but not gas or oil, and that there was no details on how much money would be raised, or from whom.He

Read more on dailyrecord.co.uk
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA