Regional2 weeks agoUK oil and gas sector set to lose $66bn over decision to retain windfall taxThe UK government has announced during its presentation of the budget that the windfall tax, introduced in 2022, would remain…
Regional2 weeks agoNorth Sea oil and gas will be ‘taxed to death within five years’, despite drilling climbdownThe Chancellor was given a plan to reform the windfall tax, creating 160,000 jobs and raising £10bn in taxes… and…
Regional2 weeks agoUK Keeps Oil and Gas Windfall Tax in Blow to Industry, OBR SaysThe UK government will stick with a controversial windfall tax for North Sea oil and gas producers until the end…
Regional1 month agoUK’s Reeves looks at early scrapping of windfall tax on oil and gas sector, FT reportsBritain’s finance minister, Rachel Reeves, could scrap a windfall tax on the country’s oil and gas industry a year earlier…
Regional2 months agoBreaking news: Treasury weighing early end to windfall taxThe Treasury is considering scrapping the oil and gas windfall tax as early as next year in a move aimed…
Regional2 months agoJOB FEARS Scotland’s oil & gas industry being ‘demolished’ as stark jobs warning issuedCommittee members also blasted the windfall tax on oil and gas energy profits North Sea oil and gas jobs are…
Regional4 months agoChancellor defies critics and insists North Sea windfall tax is ‘fair’Rachel Reeves has claimed the windfall tax on North Sea oil and gas firms “remains fair” as she ignored growing…
Regional4 months agoRachel Reeves told to axe North Sea windfall tax as she claims billions in investment ahead of Scotland visitThe UK government is backing Scotland with billions in investment to grow the economy and create jobs, the Chancellor has…
Regional6 months agoWindfall tax ‘destroying’ North Sea oil and threatening growth, analysts warnBritain’s energy profits levy is ‘destroying’ the country’s North Sea oil industry, while undermining energy security and the economy, analysts…
Regional7 months agoNorth Sea windfall tax causing ‘irreversible damage’ says oil giantThe boss of Enquest has slammed the windfall tax on oil and gas firms as doing “irreversible damage” to the…
