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The Independent UK
The Independent UK
National
Thomas Kingsley

Labour calls for windfall tax as Shell profits double during bills crisis

AP

Labour has called for a windfall tax after Shell doubled its third-quarter profits with Britons facing soaring energy bills and the threat of blackouts.

The energy giant recorded profits of £8bn, double those for the same period as last year. The company made big gains from selling expensive gas, which offset the fall in oil prices.

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