Energy Firms’ Profit Not Evil

Liz Truss has defended earnings at energy companies amid soaring price rises, saying profits should not be considered "dirty and evil".

Speaking at a hustings in Cheltenham, Truss said she "absolutely" did not support windfall taxes, calling it a "Labour idea", the BBC reported Friday.

"It's all about bashing business and it sends the wrong message to international investors and to the public," the foreign secretary added.

The Tory leadership hopeful said windfall taxes on profits - urged by some to fund help for households - were about "bashing business".

She said cutting taxes was the best way to help with living costs over winter. But rival Rishi Sunak said millions would be left at risk of destitution without more energy payments.