Shell announces record profits after oil prices surge in the wake of Russia's invasion of Ukraine
In an announcement likely to provoke anger from Brits struggling to pay eye-watering bills, the business announced profits doubled to £32.2bn.
"We intend to remain disciplined while delivering compelling shareholder returns, as demonstrated by the 15% dividend increase and the four-billion-dollar share buyback programme announced today." "Rishi Sunak was warned as chancellor and now as Prime Minister that we need a proper windfall tax on companies like Shell and he has failed to take action.
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