E-MAIL THIS LINK
To: 

Demands grow for windfall tax on energy firms as BP boasts BIGGEST profits in eight years at £9.5BN just days after Shell bragged about 'momentous' £12BN gains... while public suffers sky-high fuel bills amid cost-of-living crisis
[Daily Mail, where America gets its news]
  • Oil giant BP has revealed it swung to a mammoth £9.5 billion underlying replacement cost profit for 2021

  • It notched up £3.01 billion of profits in the final three months alone, up from just £85.1 million a year earlier

  • The results will intensify pressure as households and businesses are struggling due to soaring inflation

  • Rise in wholesale gas prices led to Ofgem raising the cap on supplier charges by £693 to £1,971 a year

  • Britons also face other demands on their income, including rising food, broadband and mobile phone costs

  • Sir Ed Davey said crisis was a 'redistribution of wealth from millions... to shareholders of oil and gas firms'

  • Labour's Ed Miliband tweeted: 'BP's results demonstrate again that it is fair and right to levy a windfall tax'

Posted by: Skidmark 2022-02-10
http://www.rantburg.com/poparticle.php?ID=624646