Pressure is mounting on Boris Johnson to impose a windfall tax on energy firms after Shell announced profits of £14billion on the day millions of people learned their electricity and gas bills are set to rocket.
Campaigners said a windfall tax on the energy firms could raise almost £4bn to help families struggling in the cost-of-living crisis.
Shell boss Ben van Beurden, who has earned £70million in seven years as its CEO, promised shareholders a bumper dividend, insisting it was “appropriate”, and whining that Shell’s household energy supply arm was loss-making and so: “Even for us it is tough.”