Friday, 6 November 2026

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Business

Scrap windfall tax on oil and gas firms early, North Sea industry urges

Labour should replace levy in 2027 rather than 2030 as energy bills are poised to surge over the winter, says lobby groupThe 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…

Labour should replace levy in 2027 rather than 2030 as energy bills are poised to surge over the winter, says lobby groupThe 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…

Read the full story on Business | The Guardian

Read the full story on Business | The Guardian

Source: Business | The Guardian

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