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Insider UK
Insider UK
National
Peter A Walker

UK minister says windfall tax on energy giants would kill off investment

The UK Government believes a windfall tax on energy companies would kill off investment and cost jobs, Energy Minister Greg Hands has said.

He also said the Scottish Government’s opposition to new nuclear power stations is preventing it from being part of a “renaissance” of the sector.

Addressing Holyrood’s Net Zero Committee yesterday afternoon, one MSP responded to his comments on a windfall tax by saying the cost-of-living crisis is “killing off people”.

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