Taxing Choices

Bloomberg UK Politics

The government says it's inevitable that we'll all have to pay more tax to fill the hole in the public finances. After bumper profits from energy companies BP and Shell, our reporter Ellen Milligan joins Bloomberg's Yuan Potts and Stephen Carroll to discuss whether more could be raised from windfall taxes. Markets reporter Valerie Tytel discusses a landmark move by the Bank of England to sell some of its bonds, plus we hear from Institute for Economic Affairs Director General Mark Littlewood about why he thinks some elements of Liz Truss's economic plan should be revived.

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