In an urgent question to the chancellor, Rachel Reeves accused the government of a “sleight of hand”, telling the House of Commons that the windfall tax alongside the tax incentive for energy companies will allow “a third or more of any revenue” to be “handed back”. Frazer brushed off the criticism, telling the House that…
A windfall tax on energy companies appears imminent, with Chancellor Rishi Sunak expected to announce a multi-billion-pound package to help consumers with the cost-of-living squeeze later today. Reports of the… The post Windfall tax: What do investors think about it? appeared first on London Business News | Londonlovesbusiness.com.
Foreign secretary Liz Truss today said a windfall tax “makes it difficult to attract future investment into our country”. “The problem with a windfall tax is it makes it difficult… The post Truss: Windfall tax makes it ‘difficult’ to attract investment appeared first on London Business News | Londonlovesbusiness.com.
Like BP, Shell will have done nothing to quieten voices calling for a windfall tax on the oil and gas sector after its latest update – with profit coming in… The post Shell profit beats expectations amid windfall tax talk appeared first on London Business News | Londonlovesbusiness.com.
