Latest News for: windfall tax

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Reeves dismisses claim 1,000 jobs lost a month in North Sea due to windfall tax

The Scotsman 17 Dec 2025
The Chancellor said job losses pre-dated the windfall tax ....
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Letter calling for end to North Sea windfall tax gathers 7,000 signatures

Energy Voice 11 Dec 2025
First Minister John Swinney was among those to sign the letter spearheaded by Aberdeen Grampian Chamber of Commerce ....
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AKEL seeks to impose new windfall tax on Cyprus banks for 2025 and 2026

Philenews 05 Dec 2025
Cypriot banks oppose the move, arguing they already pay a special tax of 0.15% on deposits and that any additional levy would undermine stability and the business environment ... Banks push back against AKEL windfall tax, with parliament battle expected.
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CEZ minority shareholders file lawsuit against state over windfall tax (Prague Stock Exchange Co Ltd)

Public Technologies 04 Dec 2025
) CEZ minority shareholders file lawsuit against state over windfall tax ... CEZ is the biggest payer of windfall tax in the country and has paid tens of billions of Czech crowns to the state every year for the last three years.
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UK Windfall Tax Puts $20 Billion in North Sea Oil Investment at Risk

Oil Price 02 Dec 2025
The government last week kept the windfall tax on operators in the Budget, dealing a blow to the industry.
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Harbour Energy blames windfall tax as it scraps 100 North Sea jobs

The Independent 02 Dec 2025
Harbour Energy says it is being hit by an ‘uncompetitive tax regime’ .
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UK Windfall Tax Blamed for Further North Sea Job Losses

Oil Price 02 Dec 2025
... 100 offshore jobs are set to be cut by oil and gas firm Harbour Energy amid pressure from UK windfall taxes.
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Banks push back against AKEL windfall tax, with parliament battle expected

Philenews 02 Dec 2025
Cyprus’s banks are digging in against a proposed windfall tax as parliament prepares for a heated debate over AKEL’s bill to impose an emergency solidarity levy on credit institutions for 2025 and 2026.
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Harbour Energy to axe 100 offshore jobs amid windfall tax pressure

London Evening Standard 01 Dec 2025
Harbour said it has come under pressure from lower commodity prices and an ‘uncompetitive tax regime’ ... .
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Harbour Energy slashes ANOTHER 100 jobs as windfall tax bites | Daily Mail Online

The Daily Mail 01 Dec 2025
Oil and gas firm Harbour Energy is cutting another 100 North Sea jobs in the North Sea after the Chancellor refused to axe the windfall tax in the Budget ... The North Sea oil and gas industry is reeling from the windfall tax.
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Harbour Energy slashes ANOTHER 100 jobs as windfall tax bites

This is Money 01 Dec 2025
Oil and gas firm Harbour Energy is cutting another 100 North Sea jobs in the North Sea after the Chancellor refused to axe the windfall tax in the ... The windfall tax was brought in by the previous ...
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Harbour Energy Slashes Another 100 Jobs Amidst Windfall Tax Fallout, Raising Alarms for UK North Sea Future

The Call 01 Dec 2025
This latest round of redundancies is a direct consequence, according to the company, of the persistent and impactful Energy Profits Levy (EPL), commonly known as the windfall tax, on energy commodity producers.
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The truth about oil and gas industry's windfall tax complaints – and why Labour still ...

The Scotsman 29 Nov 2025
Labour has conceded some ground but needs to send a much clearer signal that the North Sea is open for business ....
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UK oil and gas sector set to lose $66bn over decision to retain windfall tax

Splash24/7 28 Nov 2025
The UK government has announced during its presentation of the budget that the windfall tax, introduced in 2022, would remain in place until 2030. Under the windfall tax, formally known as the Energy ...
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Keeping windfall tax is right thing to do, says Reeves amid concerns over jobs

Belfast Telegraph 27 Nov 2025
... that it is being taxed “to death”.

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