HUNT'S RUN OUT OF GAS

Chancellor to 'steal' Labour pledges for energy windfall tax and non-dom axe

- GRAHAM HISCOTT and ASHLEY COWBURN

JEREMY Hunt is said to be considering poaching another Labour policy by extending a windfall tax on North Sea oil and gas producers.

Reports say the Chancellor is weighing the move up as another way to fund tax cuts for workers in next week's Budget.

Rishi Sunak introduced the Energy Profits Levy in May 2022 when he was Chancellor.

Mr Hunt increased it to 35% from January last year, and said it would run until March 2028.

But Bloomberg yesterday claimed Mr Hunt was considering extending it beyond that date as part of a list of Treasury savings.