The UK government will stick with a controversial windfall tax for North Sea oil and gas producers until the end of the decade https://t.co/AAeLWp3U1w ...

Europe’s oil capital since the 1970s, Aberdeen in Scotland, had not fully recovered from the 2015-2016 price crash when the pandemic triggered another downturn five years later. Then came the war in Ukraine in 2022, the energy crisis, price spikes, and the UK government’s decision to raid the profits of UK North Sea operators with the so-called “windfall tax”, which has now increased the combined tax on oil and gas firms to a massive 78%. Aberdeen and the surrounding Aberdeenshire area have been losing ...

UK bank shares slumped after Chancellor Rachel Reeves faced renewed calls to raise revenue by imposing a windfall tax on lenders https://t.co/jz9vA0Tc4t ...

UK Chancellor of the Exchequer Rachel Reeves could raise billions of pounds of revenue by imposing a windfall tax on commercial lenders to recover the profits they are making from taxpayers on deposits held at the Bank of England https://t.co/ZRxu3VthXV ...

Italy’s deputy PM said he’s against imposing windfall taxes on banks, a topic that’s been a divisive issue for the government led by Giorgia Meloni https://t.co/ewf9Fxbe8l ...