The levy was introduced in 2022 after soaring energy company profits and is due to run until 2030.

The windfall tax on North Sea oil and gas operators has left Britain with 'one of the least competitive fiscal regimes' in the world, ministers have been warned. Calling for the new tax system planned ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. With big oil companies poised to reap billions of dollars in profits from the war in ...

Former Treasury secretary says the tax rate is ‘socially optimal’ in submission to a new parliamentary inquiry ...

Prominent economists called Thursday for governments to introduce windfall profit taxes on energy companies who are set to ...

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