But the fall in prices since the deal means the Treasury got back £1.2billion, rather than a possible £4billion loss.
While Shell has made bumper profits on the back of higher energy prices, its household arm has been loss-making and no longer considered a priority by new boss Wael Sawan.It currently supplies 1.4million
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UK’s Energy Profits Levy Dents Harbour Energy’s EarningsHarbour Energy reports a loss of $8m for the first half of the year, affected by the UK's increased windfall tax and plummeting fossil fuel prices.
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