Sir Keir Starmer supermarket interview on the cost of living

Sir Keir Starmer supermarket interview on the cost of living

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the concept of a windfall tax, focusing on Labour's proposal to tax excess profits of oil and gas companies to reduce bills by up to £600 for those in need. It criticizes the government's delay in implementing this tax, highlighting the struggles of people with rising bills. The video also touches on the limitations of the windfall tax, public opinion, and the need for government action. Additionally, it discusses the potential reinstatement of Universal Credit and other benefits as part of a broader solution.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of Labour's proposed windfall tax?

To reduce bills for those in need

To support oil and gas companies

To create more jobs

To increase government revenue

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the government criticized in the context of the windfall tax?

For implementing the tax too quickly

For not considering the tax at all

For reducing the tax amount

For delaying and being indecisive

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much could bills be reduced by using the windfall tax, according to Labour's plan?

Up to £900

Up to £1200

Up to £300

Up to £600

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the additional measures discussed besides the windfall tax?

Increasing VAT

Reinstating Universal Credit

Raising income tax

Cutting public services

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main argument for implementing the windfall tax quickly?

It is a complex solution

It can be easily voted through Parliament

It will create more jobs

It will increase oil and gas profits