Article 619DF Boris Johnson rules out windfall tax on electricity firms

Boris Johnson rules out windfall tax on electricity firms

by
Alex Lawson Energy correspondent
from World news | The Guardian on (#619DF)

Ex-chancellor Rishi Sunak had mooted tax similar to energy profits levy on North Sea oil and gas

Outgoing prime minister Boris Johnson has ditched mooted plans to introduce a windfall tax on electricity generators.

The former chancellor Rishi Sunak had floated the prospect of slapping electricity firms with a tax similar to the energy profits levy on North Sea oil and gas operators.

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