Article 62BJN UK ministers to meet energy bosses amid talk of toughening up windfall tax

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

by
Alex Lawson Energy correspondent
from World news | The Guardian on (#62BJN)

Measures to tackle rising cost of living to be discussed with gas and electricity company executives

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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