The Gas Profiteers Face a Windfall Tax Grab

Daily MailMarch 24, 2005

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Summary


SHELL and BP were threatened with a windfall tax yesterday unless they donate millions of pounds in profits from their gas operations to help struggling families.

They and other producers were told by MPs that they need to 'repair the damage' caused by spiralling prices. If they fail to do so, a future Chancellor would be likely to take the money out of their soaring revenues.

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Extract


The Gas Profiteers Face a Windfall Tax Grab

The threat came in a report from the Trade and Industry Select C...

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