Hunt announces huge hike in windfall tax in bid to ease energy bills for millions of Brits

The Chancellor had been urged to slap down a windfall tax on energy giants like Shell and BP, which raked in staggering profits due to volatile markets while bills soared for millions of Britons.

​The Chancellor had been urged to slap down a windfall tax on energy giants like Shell and BP, which raked in staggering profits due to volatile markets while bills soared for millions of Britons.