Industry rages against UK’s tax extension on windfall profits that ‘no longer exist’

Energy Profit Levy extended and no new announcements on carbon capture clusters financing in Spring Budget

UK Chancellor of the Exchequer Jeremy Hunt presents the Financial Statement and Budget Report at the House of Commons in London. — UK Chancellor of the Exchequer Jeremy Hunt presents the Financial Statement and Budget Report at the House of Commons in London.Photo: MARIA UNGER/UK PARLIAMENT/REUTERS/SCANPIX

Davide Ghilotti

Acting Breaking News EditorLondon

Jeremy Hunt Rishi Sunak Offshore Energies UK (OEUK)CCSA David Whitehouse

Published 7 March 2024, 09:27Updated 7 March 2024, 12:22