🔴 George Eustice, the Environment Secretary, said energy firms were paying enough tax “for now” but said the matter would be kept “under review”
Oil and gas companies are expected to reap nearly £12bn in extra profits amid the surge in energy prices following Russia's invasion of Ukraine as ministers refuse to rule out a windfall tax.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Lex Newsletter: windfall energy profits are widespread but hard to tax\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »
Draghi to extend Italian windfall tax on energy groups\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »
Analysis: Why the case for a windfall tax on oil company profits is growing strongerBP and others stand to benefit from high prices, even as they face large costs from exiting Russia, writes Ben Chapman
Read more »
Boris Johnson admits efforts to ease cost of living crisis not enoughPM rejects prospect of windfall tax on oil and gas companies but accepts ‘there is more that we can do’
Read more »
Boris Johnson admits efforts to ease cost of living crisis not enoughPM rejects prospect of windfall tax on oil and gas companies but accepts ‘there is more that we can do’
Read more »
'What else to cut back on?': Boris Johnson questioned on cost of living crisis – videoBoris Johnson said he was not prepared to levy a windfall tax on oil and gas companies when pushed on the soaring cost of living by ITV’s Good Morning Britain
Read more »