Windfall tax to be suspended if energy prices drop The government has said it will suspend the windfall tax on oil and gas companies if…
Browsing: windfall tax
Shell profits soar 53% to new record high amid growing calls for windfall tax The Independent says Shell recorded the highest profit in its 115-year…
Shell reports highest profits in 115 years Shell has reported record annual profits after energy prices rocketed last year following Russia’s invasion of Ukraine. Profits…
The Guardian says Rishi Sunak will push the button on a controversial windfall tax on energy companies on Thursday, as he lays out measures to ease the pain of rising household bills.
Sky News says Rishi Sunak is expected to bow to pressure to impose a windfall tax on energy companies when he sets out the government’s latest plan to tackle the cost of living crisis later.
The Metro says Tory MPs have been accused of siding with ‘profiteering oil and gas companies’ after voting down a windfall tax that Labour says could save struggling families £600 this year.
The Independent says BP has recorded its highest underlying profits for more than a decade after oil and gas prices soared.