Jump in UK windfall profit tax on energy companies approved
about 3 years in irish sun
LONDON: In a bid to raise tens of billions of pounds to fill a major shortfall in public finances, the UK's finance minister, Chancellor of the Exchequer Jeremy Hunt, has announced an increase to a windfall tax on oil and gas companies, and also extended it to power generation firms.The measures were among a series of tax increases and public spending cuts announced by Hunt in parliament.Soaring oil and
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