Labour has accused the government of favouring oil and gas giants with a “uniquely generous” regime of tax and subsidies, after it emerged that Shell had received more than £100m from the UK taxpayer in 2021.
The payment was revealed in a Shell report, which showed that the company had paid out a total of £17bn in taxes and royalties to governments around the world last year. State subsidies outweighed charges in only a handful of countries, and the UK was by far the biggest payer, followed by India at £15m and Germany at £3m.
