North Sea oil and gas producers hit back at Sunak’s £5bn windfall tax

By George Parker

North Sea oil and gas operators including BP have hit back at Rishi Sunak’s £5bn windfall tax on the sector, warning it was a “multiyear” assault on their profits that would “drive away investors” and cut production. Sunak turned his sights on “extraordinary” profits in the energy sector to help pay for a £15bn package […]

North Sea oil and gas producers hit back at Sunak’s £5bn windfall tax

Source: North Sea oil and gas producers hit back at Sunak’s £5bn windfall tax

Category: Finance, ‘gas, ‘tax, ‘hit, ‘Oil, 5bn, North, Producers, sea’, Sunak’s, windfall