Published on
05:37 GMT
The North Sea has been Britain's oil powerhouse for 50 years. But what is its future now?
The duty on the profits of energy companies was introduced in 2022, after Russia’s invasion of Ukraine triggered an unprecedented surge in gas prices. The toll was increased from 35% to 38% in the last budget, leaving industry paying a headline tax rate of …
Source:
The Big Issue
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Left-wing
