Wednesday, May 18

UK government has no plans to introduce energy windfall tax, says PM’s spokesman


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LONDON — Britain’s government has no plans to change its opposition to introducing a windfall tax on energy firms to help people facing surging fuel prices because it might hurt investment, a spokesman for Prime Minister Boris Johnson said on Tuesday.

“There’s no plans to change our position on this … We believe that a windfall tax could put off billions worth of opportunities awaiting investment in the North Sea and put at risk jobs in the industry,” the spokesman told reporters.

(Reporting by Andrew Macaskill, writing by Elizabeth Piper, Editing by Kylie MacLellan)



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