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Since russia's invasion of ukraine have been a majorfactor. some mps have described shell's profits as "outrageous", and they accused the government of letting energy firms "off the hook". our business editor simonjack is here with more details. these are extra—ordinary profits. the highest in shell's 115 year history, the highest ever reported by a uk listed company. £32 billion — double what it made last year as energy prices surged as the world demand recovered post—covid and soared as russian oil and gas supplies were shut off or shunned. so how much uk tax did they pay on that? £1...

Businesses. a lot of businesses are suffering. this is absolutely outrageous that they can make all these profits and have to pay tax. they are paying tax. they are paying tax, in fact, the oil and firms are subject to energy profits levy at the moment which has been increased from 25% to 35%.— the moment which has been increased from 25% to 35%. what do you suggest it should be? — from 25% to 35%. what do you suggest it should be? u _ from 25% to 35%. what do you suggest it should be? it was _ from 25% to 35%. what do you suggest it should be? it was 250 _ from 25% to 35%. what do you sug...

What the company made in the previous year. surging oil and gas prices since russia's invasion of ukraine have played a big part. let's get some reaction from fiona hyslop, deputy convener of holyrood's net zero energy and transport committee and a member of the scottish parliament. thank you for being with us. record profits, what would you do with them, tax them a little bit more? we what would you do with them, tax them a little bit more?— them a little bit more? we have --eole them a little bit more? we have peeple living — them a little bit more? we have peeple living in _ them a litt...

Liquefied natural gas business and that has driven the profit, but the irony is that only a few years ago many people were writing off the old ——oil company saying the old investor is over but we are seeing today record prices driven by —— record profits driven by high prices because of the crisis. alice harrison is the fossil fuels campaign leader at campaign organisation global witness. i suppose first your reaction to some of these figures. figs i suppose first your reaction to some of these figures.- i suppose first your reaction to some of these figures. as he said shell made _ s...

The headlines: the bank of england announces its interest rate increase from 3.5 to 4% — in a bid to to tackle soaring prices. the uk government confims an independent statutory inquiry into the 1998 0magh bombing, the biggest single atrocity in northern ireland's troubles. northern ireland secretary chris heaton—harris made a statement in the house of commons today. the inquiry will focus specifically on the foreground that the bombing could have been prevented. oil and gas giant shell reports £32 billion pounds in profits — the highest in its 115—year history. a watchdog urges socia...