Remove windfall taxes on North Sea oil, bosses tell Rachel Reeves

UK Business Chiefs Urge Government to Scrap Windfall Tax on Oil and Gas

Chancellor Rachel Reeves should abolish windfall taxes on oil and gas producers in the North Sea, top industy bosses have said.  In a new report setting out UK businesses’ proposals for the Budget, the Chancellor has been urged to focus on cutting energy costs for firms and set out a clearer plan for the North Sea’s transition to supporting renewable energy.  The British Chambers of Commerce, one of the UK’s largest and most influential industry…

Remove windfall taxes on North Sea oil, bosses tell Rachel Reeves

Chancellor Rachel Reeves should abolish windfall taxes on oil and gas producers in the North Sea, top bosses have said.  In a new report setting out UK businesses’ proposals for the Budget, the Chancellor has been urged to focus on cutting energy costs for firms and set out a clearer plan ...