Get all your news in one place.
100's of premium titles.
One app.
Start reading
Daily Mirror
Daily Mirror
Politics
Graham Hiscott

Calls for windfall tax hike after BP reveals 'eyewatering' profits of £900 per second

Critics claimed the case for hiking a windfall tax on energy giant was “overwhelming” after BP revealed profits of more than £900 a second on Tuesday.

The oil and gas goliath announced a forecast-shattering £7.1billion haul for the three months to September, more than double what it raked in the same time last year.

BP said it was so awash with excess cash it planned to hand another £2.2billion to investors by buying back some of its own shares.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.