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View Full Version : Why Energy Companies Are Making So Much Profit Despite UK Windfall Taxes



NewsBot
09-Feb-23, 23:50
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

Why Energy Companies Are Making So Much Profit Despite UK Windfall Taxes



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Russia's invasion of Ukraine last year caused oil and gas prices to surge, triggering a cost of living crisis in many countries, including the UK. To pay for support for households and businesses experiencing this energy price crisis, the government introduced an additional 25% levy on oil and gas extraction from 26 May 2022. [Read Full Article (https://caithness-business.co.uk/article/19236)]