It’s official: subjecting oil and gas companies to a 78 pence tax rate (which is corporation tax plus the government’s windfall tax) doesn’t increase energy prices in the UK. That is what Ed Miliband told us on Sky News this morning, so it must be true. He will no doubt be hoping that we don’t look at the figures published by his own department which show that gas consumers in Britain pay an average of 10.17
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