Programme for Government — Windfall Tax on Profits of Oil and Gas Producers — Domestic Energy Prices — 17 May 2022 at 18:46

The majority of MPs voted not to express support for a windfall tax on the profits of oil and gas producers to be used to reduce domestic energy prices.

MPs were discussing a motion thanking the monarch for the Queens' Speech.

The debate on the content of the government's legislative programme outlined in the Queens' speech is technically, and traditionally, on the subject of a message of thanks which the house is to send the monarch for the speech.

The text of the motion under consideration was:

• That an humble Address be presented to Her Majesty, as follows:
• Most Gracious Sovereign,
• We, Your Majesty’s most dutiful and loyal subjects, the Commons of the United Kingdom of Great Britain and Northern Ireland, in Parliament assembled, beg leave to offer our humble thanks to Your Majesty for the Gracious Speech which was addressed to both Houses of Parliament.

The amendment rejected by a majority of MPs in this vote was:

• at the end of the Question to add:
• “but respectfully regret that the Gracious Speech fails to announce a windfall tax on the profits of oil and gas producers, in order to provide much-needed relief from energy price increases for households.”

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• [1] Queen's Speech, 10 May 2022, House of Commons Official Record, TheyWorkForYou.com
• [2] Queen's Speech 2022: background briefing notes, 10 May 2022 , Gov.uk

Debate in Parliament |