Loophole-free energy windfall tax could have funded council tax freeze – Labour
The party said its analysis suggested energy firms are continuing to make £60m a day in the North Sea despite being hit with a windfall tax.
The party said its analysis suggested energy firms are continuing to make £60m a day in the North Sea despite being hit with a windfall tax.
A group in Walsall is celebrating after being awarded more than £90,000 in National Lottery funding.
The Chancellor said forecasts the economy would avoid a recession was ‘proving the doubters wrong’ as he unveiled his Budget.
The Chancellor said forecasts the economy would avoid a recession was ‘proving the doubters wrong’ as he unveiled his Budget.
Our popular Cash For Schools competition is back for 2023, giving schools the chance to win a share of £12,000.
The windfall tax on renewables, biomass and nuclear power generators will be set at 45%, Jeremy Hunt announced in his autumn statement.
The windfall tax on renewables, biomass and nuclear power generators will be set at 45%, Jeremy Hunt announced in his autumn statement.
The oil giant confirmed it will pay the windfall tax on its UK operations this year.
The oil giant confirmed it will pay the windfall tax on its UK operations this year.
Energy companies already pay 40% of their profits in tax, but the extra levy will bring this up to 65% until December 2025.
Energy companies already pay 40% of their profits in tax, but the extra levy will bring this up to 65% until December 2025.
The Chancellor has set out a fresh emergency package for the cost-of-living crisis just two months after his spring statement.
The Chancellor has set out a fresh emergency package for the cost-of-living crisis just two months after his spring statement.
The Chancellor will update MPs on his plans to help mitigate the soaring cost of electricity and gas.
The Chancellor will update MPs on his plans to help mitigate the soaring cost of electricity and gas.