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The Independent UK
The Independent UK
Craig Paton

Kemi Badenoch to call for end to energy windfall tax and oil licence ban

Tory leader Kemi Badenoch is poised to advocate for the end of the windfall tax on oil and gas firms and the ban on new licences in a major speech

Initially established by the prior Conservative administration but extended upon Labour's ascent to power, the energy profits levy was intended to finance initiatives aimed at reducing household expenses. However, the policy has faced criticism from within the industry.

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