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BBCNEWS BBC News at One June 4, 2024 12:07:00

Its new energy profit levy raises £5 billion a year, more than twice what labour was proposing. to deflect its own criticism that a windfall tax would put oil and gas companies of investing, it has created tax breaks to offset that. the investing, it has created tax breaks to offset that-— to offset that. the levy is designed so that companies _ to offset that. the levy is designed so that companies can _ to offset that. the levy is designed so that companies can offset - so that companies ca...
Windfall Tax Tax Breaks Energy Profit Levy 5 Billion Energy Supply Dill People

BBCNEWS World Business Report June 4, 2024 04:33:00

Lets talk about the windfall tax. the prime minister has said, i dont like them. the business secretary says he has never been a supporter. i put it to you that you are ideological opposed to this idea. no, i have always been pragmatic about it, that is what ive said. i think it is entirely fair that we look at the extraordinary profits these companies are making at the moment, and when prices return to historically more normal levels, the energy profits levy will be removed. i notice you dont w...
Windfall Tax Business Secretary Prime Minister Energy Profits Levy Come On Isn T

BBCNEWS BBC News June 4, 2024 13:08:00

In vulnerable circumstances. there are pensioners who are turning off their heating because they are worried about how they are going to pay the bills. you have got mums and dads skipping meals because they want to ensure that their children get three proper meals a day. so it is welcome that the government has finally come to their senses and adopted labours policy for a windfall tax to give help to people that need it. but i have to ask, what on earth took them so long? what the government cal...
Windfall Tax Profit Levy 5 Billion Energy Supply Tax Breaks

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