In a statement, the Treasury said the windfall tax – called the Energy Profits Levy – will end if average oil and gas prices fall to, or below, a set level for two consecutive three-month periods. If not, the tax will remain in place until March 2028.
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London still works for stock market listings, says We Soda boss
admin, , Business, 0
Mr Warren added that since the company had launched its flotation plans, “we’ve had almost 300 investors express interest,...
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Regulator fears big tech firms’ power in AI market
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This could profoundly impact fair competition “ultimately harming businesses and consumers, for example through reduced choice, lower quality, and...
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Millionaires ask to pay more tax
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The UK branch of Patriotic Millionaires said analysis by the Fight Inequality Alliance, the Institute for Policy Studies, Oxfam...
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Warning UK mortgage rates set to rise further
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When a fixed term comes to an end then a borrower reverts automatically to their lender’s standard variable rate...
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Colin the Caterpillar cake row: Judge Rinder gives his verdict
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Marks & Spencer has begun legal action against Aldi, arguing the supermarket’s Cuthbert the Caterpillar cake infringes its Colin...
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HSBC to accelerate restructure plan to slash costs
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“These were promising results against a backdrop of the continuing impacts of Covid-19 on the global economy. I’m pleased...
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HS2 rail extension to Leeds scrapped amid promise to transform rail
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Andy Bagnall, director general of the Rail Delivery Group, which represents train operators, said: “While millions of people will...
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‘I was embarrassed to tell friends about my business’
admin, , Business, 0
Speaking on A Million by 30 with Sean Farrington on BBC Radio 5 Live, he says the first time...
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