BP getting rich quick from soaring fuel bills is the unacceptable face of capitalism and a higher windfall tax would now be a legitimate response.
The oil giant’s unearned £7billion bonanza in the second quarter of this year is three times what it made in the same period last year.
It comes on the back of rising global prices due to Putin’s invasion of Ukraine and it should be shared with struggling households.
Record pump prices have helped it rake in profits of £880 a second, while Shell, British Gas and other energy suppliers have also been benefiting from the pain of customers.
Taxing corporate windfalls more fairly could subsidise household bills set to hit £3,800 a year, without undermining future investment.
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The truth is these firms are rolling in extra cash and we as a nation would spend it better than Fat Cat bosses and shareholders.
The tragedy is the UK lacks a Government committed to doing what’s right when the Tories are in the pocket of a corporate elite.
Level down
Liz Truss’s mask is slipping as she strains to slash the wages of most of the country.
The Right-winger is likely to be made Prime Minister – without a General Election – by a Conservative cult full of “levelling up” rhetoric.
But her hastily-withdrawn plans to cut the earnings of millions of workers outside London and the South East, including nurses, teachers and police, betrayed a goal of levelling down.
This would-be PM appears to believe decent money is too good for key workers if they live in the North and Midlands.
Voters must not forget this Conservative threat at the next General Election.
Jaw blimey
Looking for sharks is one thing, finding them quite another, as a bitten snorkeller discovered off the coast of Cornwall.
It might still be safe to go in British waters, but the advice is don’t get too close to a species with a fearsome reputation – and which is more at home than humans in the deep.
READ MORE: BP rakes in £880 a SECOND as fatcats' bonanza leaves Brits unable to pay for food
