Economics

Leo Varadkar: windfall tax will be spent on energy relief for businesses and households

Speaking on RTÉ radio, the Taoiseach said that he will meet energy companies in the coming weeks to put pressure on them to reduce prices

The Taoiseach said that the energy market was competitive and that would mean that prices should continue to be reduced. Picture: John Allen

Leo Varadkar has said the windfall tax on energy companies’ “super profits” will be used to fund relief for businesses and households.

Speaking on RTÉ Radio, the Taoiseach said that he will meet energy companies in the coming weeks to put pressure on them to reduce prices.

“One of the things I plan to do in the next couple of weeks is to meet with the energy companies and really ask them, put to them, ...