Rishi Sunak plans raid on electricity and wind farm profits within a month
The UK needs investment in the North Sea. This is their one place to find more of what they need to keep their economy afloat. And now they try to sweep the balance sheets of companies doing the hard work there clean. Yes, oil and gas companies make profits now. they also made a lot of losses for more than a decade. Who will compensate them for those losses? Exactly, if the government does its sweep, it only incentivizes the North Sea players to leave the North Sea. Talk about shooting yourself in the foot.
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