Windfall tax

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The Energy Profits Levy is set to be taken up to 38 per cent

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'Virtue signalling': Aberdeen business group blasts Labour for windfall tax hike

Chancellor Rachel Reeves announced in a late-afternoon policy paper on Monday that she would be raising the Energy Profit Levy from 35 per cent to 38 per cent

Chancellor Rachel Reeves announced in a late-afternoon policy paper on Monday that she would be raising the Energy Profit Levy from 35 per cent to 38 per cent

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Rachel Reeves invited to Aberdeen to explain 'detrimental' windfall tax hike

The windfall tax loophole allows firms to continue to invest in oil and gas while raking in billions for shareholders

The windfall tax loophole allows firms to continue to invest in oil and gas while raking in billions for shareholders

Conservative Party

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Oil and gas windfall tax loophole 'must be closed for there to be significant change'

The SNP is against the extension of the levy, but in favour of maintaining the tax at 75%

The SNP is against the extension of the levy, but in favour of maintaining the tax at 75%

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Tory MPs will be punished by voters if they back windfall tax, says Humza Yousaf