UK rolls out 25% windfall tax on energy profits ...News

Russia Today - Economy
UK rolls out 25% windfall tax on energy profits
source : Russia Today ( News ) () 18
The measure aims to ease the cost-of-living crisis The UK has introduced a 25% windfall tax on energy producers’ profits, which will fund support grants for residents who are unable to pay their soaring energy bills, UK Chancellor of the Exchequer Rishi Sunak announced on Thursday. “We are introducing a temporary, targeted Energy Profits Levy charged on profits of oil and gas companies at a rate of 25%... We're also building in a new investment allowance that doubles the relief for the energy companies that invest their profits in the UK,” the official said, as cited by Reuters. According to Sunak, energy companie

Hence then, the article about uk rolls out 25 windfall tax on energy profits was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( UK rolls out 25% windfall tax on energy profits )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Cargo Ship Hit by Projectile in Strait of Hormuz as Tanker Crisis Continues
OILPRICE - before 2 hours & 49 minute
Inside OpenAI’s Race to Catch Up to Claude Code
WIRED - before 3 hours & 7 minute
Nigeria: Dangote Refinery Cuts Petrol, Diesel Prices
allafrica - before 7 hours & 4 minute
Silicon Leads the Radiation Hardened Electronics Market with 64.27% Share in 2025 as the Market Reaches USD 2.33 Billion by 2031, Reports Mordor Intelligence
PR Newswire - before 5 hours & 28 minute
Bipartisan plan would claw back CEO pay at failed banks
Washington Post - before 4 hours & 9 minute
Z3 Technology Unveils the CIB-ATI640 Enabling High Performance Integration with the LYNRED ATI640
PR Newswire - before 6 hours & 25 minute
Gold prices rise as inflation fears ease
SABA NET - before 4 hours & 29 minute
No Magnets, No Drones: How China Controls the Future of Warfare
OILPRICE - before 4 hours & 22 minute
Trump Directs Iran War Keeping Markets Top of Mind
The New York Times - before 4 hours & 17 minute
Maya HTT Launches the TMG™ SDK, a High-Performance Thermal Simulation Solution
PR Newswire - before 3 hours & 7 minute
South Africa: 'No Immediate Risk' of Fuel Shortages in South Africa, Most Oil Imports From Nigeria
allafrica - before 3 hours & 46 minute
Tankers Avoid Emirati Port as Gulf War Risk Disrupts Oil Exports
OILPRICE - before 3 hours & 43 minute


Latest News

Persistent laut TIME 2026-Liste unter den „Top 10 Professional Services Companies" im asiatisch-pazifischen Raum

before 4 minute

Research Finds 89% of Executives Say AI Boosts Productivity, Yet Only Gain 16 Minutes Weekly

before 19 minute

Ascendant Loyalty Marketing Helps Mayesh Launch "Petals Rewards" as B2B Loyalty Programs Gain Momentum

before 34 minute

Shell and TotalEnergies Issue Force Majeure After Qatar LNG Shut Down

before 36 minute

February inflation was unchanged but predates surge in energy prices

before 39 minute

Google Completes Acquisition of Wiz

before 47 minute

NOVUS Expands Leadership Team with First Hire Under New CEO, Taps Heather Gaut as VP of Program Management

before 49 minute

Barclays mortgage boss shares advice to concerned homeowners

before 55 minute

Finzly Unveils Token Galaxy: Unifying Money Movement for Traditional and Tokenized Banking

before hour & 4 minute

G7 Backs Oil Reserves Release to Curb Middle East Supply Crunch

before hour & 6 minute

Namibia: Budget Criticised for Failing to Fund Gender Violence Shelters

before hour & 7 minute

Meta Ramps Up Efforts to Disrupt Industrialized Scamming

before hour & 8 minute

SiteCapture Launches SiteCaptureAI to Power a New Era of Field Service Efficiency

before hour & 17 minute

Quizlet Launches as Native App in ChatGPT to Transform AI-Powered Learning

before hour & 19 minute

DFRobot Showcases HUSKYLENS 2 at RISC-V Booth during embedded world 2026, Advancing AI Vision Education

before hour & 36 minute