Post by: AngelOfThyNight on May 26, 2022, 01:32:20 PM
The UK government is introducing a £5 billion ($6.3 billion) tax on the windfall profits of its oil and gas companies, bowing to pressure from campaigners to raise money to help millions of people struggling with the worst cost-of-living crisis in decades.
Source: UK hits oil and gas companies with $6 billion windfall tax (https://www.cnn.com/2022/05/26/investing/uk-windfall-tax-oil-gas/index.html)