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The Guardian - UK

Business

Alex Lawson Energy correspondent

Sunak urges banks to keep funding oil and gas firms after windfall tax

Rishi Sunak Oil Kwasi Kwarteng British Petroleum Ithaca Energy Shell

Rishi Sunak — Rishi Sunak was in Aberdeen on Thursday to meet executives from the oil and gas industry. Photograph: Peter Nicholls/Reuters

Rishi Sunak has asked Britain’s biggest banks to keep the money taps flowing to the oil and gas sector after slapping it with a windfall tax.

In a bruising meeting in Aberdeen on Thursday, the chancellor told oil and gas executives he is trying to ensure investment in their businesses is not curtailed.

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