Ex-chancellor Rishi Sunak had mooted tax similar to energy profits levy on North Sea oil and gas

Outgoing prime minister Boris Johnson has ditched mooted plans to introduce a windfall tax on electricity generators.

The former chancellor Rishi Sunak had floated the prospect of slapping electricity firms with a tax similar to the energy profits levy on North Sea oil and gas operators.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Fines during Covid pandemic three times more likely to be given to black people in England and Wales

Exclusive: research is most detailed yet of who got fined and fairness…

Dominic Raab faces questions over party for Tory activists at Chevening

Minister urged to clarify who covered costs of event at grace-and-favour mansion…

Ban ticket resellers from making profit in UK, say musicians’ managers

Music industry figures want ministers to follow Ireland and France’s lead and…