Red Wall voters want the government to bring in a windfall tax on energy companies with the proceeds used to help people who are struggling financially.
A poll carried out by Survation for Tax Justice UK found that 79% of Red Wall voters support a windfall tax on energy companies including 84% Conservative and 85% of Labour voters.
The message is clear. People in the Red Wall want to see a windfall tax on the bumper profits made by Shell and BP.
The money raised should be used to support people struggling with rising bills. Given the local election results, the pressure is only going to increase on the Prime Minister and Chancellor to do something now.
This needs to be part of a broader package to move away from our reliance on oil and gas, which is a real vulnerability given the war in Ukraine and the climate crisis. The energy giants need to be paying their share of the costs of moving to a more sustainable future
The poll was held before it was revealed this week that BP and Shell made more than £12 billion in profits in the first three months of 2022.
The sample size was 1,015 via online panel between 22nd and 28th April 2022. The data was weighted to the profile of adults aged 18+ in the Red Wall area. Data were weighted by age, sex, region, 2019 General Election Vote and 2016 EU Referendum Vote.
Download the full results:
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