ENERGY sector bosses are set to take part in crisis talks with Chancellor Nadhim Zahawi and Business Secretary Kwasi Kwarteng.
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However, Energy Minister Kwasi Kwarteng, who was not in favour of this one-off tax but said he expected the supermajors to commit to major energy investments in the UK, welcomed the announcement.
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The UK's leading offshore energy body has warned Kwasi Kwarteng that a windfall tax could undermine stability in the oil and gas sector.
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nergy sector bosses will take part in crisis talks with Chancellor Nadhim Zahawi and Business Secretary Kwasi Kwarteng as the price cap was forecast to hit more than £4,200 in January. In a new dire outlook for households, Cornwall Insight said bills ...
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When even the North Sea energy giants admit a windfall tax would not cut investment, the argument for that tax is clear to nearly everyone except the Conservative Party. Boris Johnson, Rishi Sunak, Kwasi Kwarteng ...
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The chancellor, Nadhim Zahawi, and the business secretary, Kwasi Kwarteng, will meet gas and electricity bosses as the Treasury considers toughening the 25% levy on the profits of North Sea oil and gas operators announced in May.
Read more at The Guardian
Gas and electricity have been summoned to meet Chancellor Nadhim Zahawi and Business Secretary Kwasi Kwarteng tomorrow morning, where they'll be asked to submit a breakdown of expected profits and payouts as well as investment plans for the next three ...
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But no matter where you call home, there's one thing we all have in common: sometimes the Wordle answer leaves us a bit stumped. Read on for clues to today's solution, or scroll down below the video for a spoiler-filled look at the answer.
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The boss of an Australian TV subscription company has triggered outrage by calling Game of Thrones star Emilia Clarke a 'short and dumpy girl'. Foxtel CEO Patrick Delany made the comment at a speech at the Sydney premiere of new spinoff of the hit ...
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Wind gusts reached nearly 140 mph in one part of France. At least nine people were reported killed in the storm.
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Does Sanna Marin party too much for a world leader, or is she just a competent woman enjoying her life? Let's investigate.
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