The first minister of Scotland has voiced his concerns over the suggested increase and extension of the windfall tax on the energy sector, warning that it could lead to countless jobs losses. The leader argued that such a move would be akin to 'throwing workers on the scrapheap', further worsening the strain on the economy and the livelihoods of many UK families.
1. The First Minister of Scotland has raised concerns over the proposed increase and extension of the windfall tax on the energy sector.
2. He warns that imposing such a tax could result in numerous job losses, potentially leading to a significant rise in unemployment.
3. The Minister further criticized the move, comparing it to 'throwing workers on the scrapheap', which could further worsen the economic situation.
4. He expressed strong concerns about the potentially detrimental effects on UK families, particularly as their livelihoods could be threatened.
5. The Minister emphasized the possible difficulty for businesses, especially those in the energy sector, to sustain operations without resorting to significant staffing cuts due to increased tax burdens.
In 2019, the energy sector in Scotland directly supported around 26,000 jobs.
The Scottish First Minister vehemently expressed his concern about potential adverse effects on workers due to the proposed raise and expansion of windfall tax legislation. He made it clear that such a move could lead to a scenario where many workers end up 'on the scrapheap'. Specifically, it may make it more difficult for companies, particularly those in the energy sector, to continue operating without making significant staffing cuts. This, in turn, could lead to massive job losses and an increased rate of unemployment.