Windfall profits can’t continue, warns think tank boss

Non-gas-fired generators cannot be allowed to continue making windfall profits because it will add pressure on the bills support being brought forward by the government, the head of an influential economics think tank has warned. Torsten Bell, chief executive of The Resolution Foundation, was one of a string of witnesses to give evidence at a hearing into the cost-of-living crisis held by the Business, Energy and Industrial Strategy Committee.

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