Tag: windfall

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Scottish government set for windfarm windfall of up to £860m

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The Scottish government is in line for a windfall of up to £860m from an upcoming auction of Scottish seabed plots for windfarms, after lifting a cap on maximum bids following a runaway auction in England and Wales. C...

Greensill expected £22bn flotation that could have meant Cameron windfall

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Greensill Capital was considering a £22bn stock market flotation – a figure that dwarfs previous estimates and implied a potential nine-figure windfall for its adviser David Cameron – only weeks before the former prim...

Tax on billionaires’ Covid windfall could vaccinate every adult on Earth

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Every adult in the world could get a Covid-19 vaccine if the wealth billionaires collected during the pandemic was taxed 99% once, according to an analysis published on Thursday by several groups that advocate for eco...

Gas firms may face windfall tax as energy crisis hits households

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Another 800,000 households fell victim to the energy crisis on Wednesday with the collapse of two more suppliers, as ministers admitted they were considering a windfall tax on companies profiting from record gas price...

Labour proposes windfall tax on North Sea oil and gas to reduce bills

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Labour would impose a windfall tax on North Sea oil and gas producers to fund measures to ease the cost of living squeeze, by reducing the average household energy bill by £200. The £6.6bn plan would include removing ...