Causescommons.wikimedia.org U.K. imposes windfall tax on oil and gas company profits as inflation bites Chancellor Rishi Sunak's measure comes as inflation hits multi-decade highs following the Russian invasion of Ukraine.
Politics Fossil fuel companies have the nerve to claim that taxing them will hurt the climate The Labour Party has proposed a one-year tax hike to help low-income customers handle rising energy prices. Shell and BP oppose it.
