The Liberal Democrat leader argued that the Conservative Party do not have a 'shred of credibility' after the economic turmoil since September, and also reiterated his call for an immediate general election.
Sir Ed makes case for windfall taxon oil and gas companies' profits in the autumn budget on 17 November by increasing the rate from 25% to 30% and extending it until 2028.Sir Ed said events in Ukraine had only strengthened his party's argument for the government to extend the windfall tax on the"record" profits of the oil and gas companies.
"The case for our windfall tax has only got stronger, as those profits have soared even higher for one main reason - a brutal dictator spilling innocent Ukrainian blood," he told the audience of Liberal Democrat party members. "There are no arguments left. The right thing to do - the fair thing to do - is to tax those blood-oil profits."The Liberal Democrat leader also suggested that Mr Sunak is afraid to call a general election as he knows the Conservative Party would lose.
In a direct message to the PM, he said:"Your government does not have a shred of credibility left. It does not have a shred of legitimacy left. If you had a shred of integrity left, you would call a general election now." Sir Ed was supposed to deliver his autumn speech at the Liberal Democrat's annual conference in September, however this was cancelled due to the period of national mourning following the death of the Queen.
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