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The Independent UK
The Independent UK
National
Tom Ambrose

Windfall tax for gas and oil giants ‘back on the table’ to help ease cost of living crisis

PA Wire

Rishi Sunak has asked Treasury officials to explore proposals for a windfall tax on gas and oil giants despite ministers repeatedly ruling out the idea, according to reports.

The chancellor is understood to be concerned over the lack of increased spending by the major companies despite them earning huge profits in recent months.

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