Jeremy Hunt has increased the windfall tax on oil and gas giants from 25% to 35% and expanded the levy to electricity generators. It came as the chancellor £55bn in…
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Windfall
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Politics
Rishi Sunak Will Use A Windfall Tax On Energy Firms To Balance The Books. Here’s How
by blogadminby blogadminIt’s fair to say Rishi Sunak has been on a journey when it comes to windfall taxes. Earlier this year, when he was still chancellor, he said he was “not…
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Politics
Liz Truss In ‘Screeching U-Turn’ As Government Imposes Windfall Tax On Green Energy Firms
by blogadminby blogadminLiz Truss has been accused of a “screeching U-turn” after the government unveiled plans to impose a windfall tax on green energy firms. Under the Energy Prices Bill, the profits…
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Rishi Sunak is expected to announce plans to give every household in Britain up to £400 off their energy bills as he makes a u-turn on levying a windfall tax…
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Politics
Even Margaret Thatcher Would Have Brought In A Windfall Tax, Tory MP Says
by blogadminby blogadminConservative calls for a windfall tax are growing louder after a former Treasury minister claimed that even Margaret Thatcher would have introduced one if faced with the current cost of…