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Windfall tax 'under review' as energy companies rake in an extra £12bn

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🔴 George Eustice, the Environment Secretary, said energy firms were paying enough tax “for now” but said the matter would be kept “under review”

Oil and gas companies are expected to reap nearly £12bn in extra profits amid the surge in energy prices following Russia's invasion of Ukraine as ministers refuse to rule out a windfall tax.

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