Podknife - Could Rishi hike windfall tax after Shell's bumper profits? by The Leader

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Could Rishi hike windfall tax after Shell's bumper profits?

Podcast |: The Leader | Evening Standard daily
Publisher |: The Evening Standard
Media Type |: audio
Podknife tags |: Coronavirus,; Health,; Illness,; News & Politics,; Science & Medicine,; Society & Culture
Categories Via RSS |: Daily News,; News,; Politics,; Society & Culture
Publication Date |: Oct 27, 2022
Episode Duration |: 00:17:13

Shell announces bumper Q3 earnings equivalent to £1,000 a second. firm-shell-profits-fuel-windfall-tax-rishi-sunak-cost-of-living-b1035620.html">Could Rishi Sunak extend the windfall tax on big energy firms? Will CEOs reluctantly accept tax rises? Our Business Editor Jonathan Prynn discusses Shell’s bumper profits and what could happen next. Plus Tessa Khan, Founder of Uplift UK, discusses how crucial a windfall tax extension could be. In this episode:

Shell earnings “genuinely a vast amount of money”
Will the government commit to extending the windfall tax?
Could other industries be in line for extra taxes?
How much is an extension to the windfall tax needed?
Other European countries are charging higher tax rates
How can we move away from fossil fuels?

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