Labour is right to crow as the chancellor’s hand is finally forced, but we need to see what materialises
Photograph: UK Parliament/Jessica Taylor/PAPhotograph: UK Parliament/Jessica Taylor/PAabour’s front bench is entitled to crow. Rachel Reeves and Ed Miliband have been banging on about the need for – and fairness of – a windfall tax on North Sea oil and producers since January. Since then, Rishi Sunak has stumbled from outright hostility to, now, a full U-turn.
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