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The Guardian - UK

Business

Alex Lawson Energy correspondent

UK ministers to meet energy bosses amid talk of toughening up windfall tax

United Kingdom Nadhim Zahawi Kwasi Kwarteng Rishi Sunak Electricity

Britain's chancellor of the exchequer, Nadhim Zahawi — The chancellor of the exchequer, Nadhim Zahawi, will meet energy company executives on Thursday. Photograph: Tolga Akmen/EPA

Ministers are to meet energy company executives on Thursday to discuss measures to tackle the rising cost of living as the UK government considers beefing up a windfall tax on their profits.

The chancellor, Nadhim Zahawi, and the business secretary, Kwasi Kwarteng, will meet gas and electricity bosses as the Treasury considers toughening the 25% levy on the profits of North Sea oil and gas operators announced in May.

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