Energy Profits Levy

Kemi Badenoch calls for 'windfall tax' to be scrapped as oil and gas prices jump

Politics

Kemi Badenoch calls for 'windfall tax' to be scrapped as oil and gas prices jump

Tory leader drops backing for tax introduced under the last Conservative government and calls for new oil and gas licenses to be issued

clock 13 June 2025 • 7 min read
Reports: Expansion of windfall tax expected to hit clean energy profits

Energy

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

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

clock 03 November 2022 • 3 min read