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Plan to hike windfall tax sparks energy jobs warning

  • Admin
  • Sep 6, 2024
  • 2 min read

The UK government plans to hike windfall taxes on oil and gas profits to 78%, which has raised concerns among companies in the industry. These measures could impact investment in renewable energy and threaten jobs in the supply chain. There are discussions about the implications of tax increases on the energy sector and potential job losses. Various companies have highlighted the importance of maintaining stability in the oil and gas sector to support investment in new energy opportunities.


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