Downing Street has denied blocking the Treasury from imposing a windfall tax on oil and gas giants as the Chancellor faced mounting pressure to help ease the cost-of-living crisis with a new package of support. The Prime Minister's official spokesman said he had seen "lots of reports" on division between the departments, but insisted Boris Johnson and Rishi Sunak are "aligned" on the issue. Labour accused the Government of acting like "headless chickens" on the matter and suggested a U-turn is likely. Wrangling has continued within the Cabinet over implementing a windfall tax on the profits of oil and gas producers which have benefited from high global prices. The money raised could fund measures to assist with household bills. Ministers are "intrinsically opposed" to the levy, a senior member of Mr Johnson's Government said, although it has not been ruled out. Recommended Live updates: PM 'dithering' on windfall tax, says Starmer Brexit has increased risk of danger foods reaching UK, watchdog warns Asked if No 10 is blocking the Treasury from imposing the tax, the PM's spokesman told reporters: "I have seen lots of reports overnight on this but the Prime Minister and the Chancellor are aligned. You've heard them… Read full this story
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