Boris Johnson Rules Out Windfall Tax On Electricity Companies Energy Industry
Former chancellor Rishi Sunak had raised the prospect of slapping power companies with a tax similar to the energy profits tax on North Sea oil and gas ventures. A decision on whether to go ahead with the tax was expected this week. Johnson spokesman Max Blaine was asked on Monday whether the energy profits levy would be extended to power producers and said: “We will not be looking to make new policy or major budget decisions....