Nadhim Zahawi refuses to rule out new windfall tax as Shell doubles profits to £8billion

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Tory party chairman Nadhim Zahawi has refused to rule out a new windfall tax on energy firms, after Shell saw its profits more than double to around $9.45billion (£8billion) between July and September.

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Mr Zahawi stressed that as Chancellor, the PM had brought in the current windfall tax on energy firms - which is raising £5 billion - and that it was designed to encrourage investment in the UK.

 

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Shell literally told them to.

Sounds like they’re considering it? So increasing their communist tendencies! State is getting too big!

They get the gain, we get the pain.

Compassionate Conservatism

Highly unlikely as the oil industry has a new fully supported lobbyist in their ranks now. NotMyPM GeneralElectionNow TorysGoneByXmas

So a large majority of the uk population is on the bones of its arse but Shell more than doubles its profits? Come on! Even the most fervent Tory must see who their party works for!

“ refused to commit to “ would make more sense.

Well that’s not a surprise seeing as the head of shell said that the government should tax them.

So this topic of windfall tax has been suggested months ago, yet our incompetent government still deliberating while other countries are making good use. Meanwhile U.K. borrowing spiralling out of control.

The Tories will always do the right thing, but only after they have tried all the other alternatives first.

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