Reports: Expansion of windfall tax expected to hit clean energy profits

Cecilia Keating
clock • 3 min read
Hunt and Sunak discuss the upcoming fiscal event | Credit: Number 10 Flickr
Image:

Hunt and Sunak discuss the upcoming fiscal event | Credit: Number 10 Flickr

PM and Chancellor reportedly intend to extend Energy Profits Levy to solar, wind, and nuclear generators as part of plans to increase rate on oil and gas firms

The Prime Minister and Chancellor are set to press ahead with a windfall tax on renewable energy generators, as they finalise plans to plug a portion of the UK's fiscal deficit by increasing taxes on the...

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