Windfall tax cannot be ruled out amid 'extraordinary' cost of living pressure says Treasury minister

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Windfall tax cannot be ruled out amid 'extraordinary' cost of living pressure says Treasury minister
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Energy companies have been told by the government that 'all options are on the table' if they do not reinvest their bumper profits - amid a growing clamour for a windfall tax.

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Simon Clarke, chief secretary to the Treasury, acknowledged the"extraordinary pressure on family finances" and said imposing such a levy could not be ruled out. However it is understood that the prime minister and other members of the cabinet are yet to be convinced.

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