Scrap windfall tax on oil and gas firms early, North Sea industry urges
Originally published by The Guardian
Labour should replace levy in 2027 rather than 2030 as energy bills are poised to surge over the winter, says lobby group The North Sea oil and gas industry has called on Labour to scrap the windfall tax on fossil fuel firms three years early, as Britain heads into a winter with energy bills expected to reach their highest level since Russia’s invasion of Ukraine. Offshore Energies UK (OEUK), the industry’s trade body, wants the tax replaced in 2027, rather than in 2030, with a narrower levy tha
Original reporting
Read the full story at the original publisher
PulsePress is a news discovery platform. We bring headlines from multiple publishers together so you can discover stories in one place. The complete reporting remains with the original publisher.
Read original article →