Editor
Key events
Jeremy Hunt offers ‘get-out’ clause from windfall tax
Meanwhile, the chancellor, Jeremy Hunt, has offered the North Sea oil and gas industry a “get-out” clause from the windfall tax on fossil fuel profits if wholesale energy market prices fall back to normal levels.
Jillian Ambrose reports:
The chancellor hopes to boost investment in the North Sea by agreeing to suspend the windfall tax on oil profits if the market price for…
