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Daily Record
Daily Record
Politics
Andrew Quinn

Labour and SNP slam Tories after Shell profits are £1.4bn more than expected

Labour, the Greens and the Lib Dems have slammed the UK Government after oil giant Shell made nearly £1.4 billion more in profit than expected in the first three months of the year.

Labour Shadow Scotland Secretary Ian Murray said the profits were "unearned" and called for a "proper windfall tax" on large oil and gas companies.

Shell said its adjusted earnings had risen by 5.7 per cent compared with the first quarter of last year, reaching £7.6 billion.

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