Richard Drax
Main Page: Richard Drax (Conservative - South Dorset)Department Debates - View all Richard Drax's debates with the HM Treasury
(1 year, 11 months ago)
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Rishi Sunak
No, we are not giving consideration to that. As I said, we are giving consideration to excess energy profits being made in other parts of the sector, on the generation side. As I said, we will examine the scale of that challenge and the right steps to address it.
Richard Drax (South Dorset) (Con)
I warn my right hon. Friend that throwing red meat to socialists by raising taxes on businesses and telling them where to invest their money is not the Conservative way of encouraging those who create our prosperity and jobs to do just that. Does he agree that by setting this bar we are in danger, were we ever to lose power, of allowing the socialists to raise it, which they would do with relish again, again, and again?
Rishi Sunak
I thank my hon. Friend. What I would say to him is that I believe that a pragmatic and compassionate Conservative Government would act to provide support to the most vulnerable at a time of great need and that a fiscally responsible Conservative Government would look to try to fund as much of that as possible in as fair a way as possible.