Energy Profits Levy

Autumn Budget 2025: At a glance guide for the green economy

Taxation

Autumn Budget 2025: At a glance guide for the green economy

BusinessGreen's all-you-need-to-know guide to the green announcements in today's Autumn Budget

clock 26 November 2025 • 13 min read
'Britain has just made history': Government confirms ban on oil and gas exploration in new fields

Energy

'Britain has just made history': Government confirms ban on oil and gas exploration in new fields

Government confirms Energy Profits Levy will be replaced by Oil and Gas Profits Mechanism, as it announces details of promised ban on new drilling and exploration licenses

clock 26 November 2025 • 6 min read
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