Category : Search result: Energy Profits Levy


Scrap Windfall Levy or Face North Sea Job Losses

Scottish Conservatives warn Rachel Reeves must end Energy Profits Levy in budget to prevent 1,000 monthly job losses and secure £16bn extra Treasury revenue. Read the analysis.

Energy bills to rise 0.2% from January

Ofgem announces a 0.2% increase to the energy price cap from January 1, adding around £3.36 annually to the average household bill. Discover what this means for you.

Energy firms make £125bn profit as bills soar

Exclusive analysis reveals energy giants have made £125bn in UK profits over five years. Campaigners demand Chancellor Rachel Reeves imposes fresh windfall tax in Budget.

Energy giants unite to prevent mass job losses

In a dramatic political intervention, renewable energy leaders have united with traditional oil and gas companies to demand urgent government action, warning that Britain faces devastating employment consequences without immediate policy support.

BP Profits Plunge Despite Major Asset Sales

Energy giant BP reports significant profit decline despite major asset disposals, highlighting ongoing challenges in the traditional energy sector as transition pressures mount.

UK Electricity Prices Set to Fall for Households

Millions of British households are about to see significant relief on their energy bills as electricity prices are forecast to drop substantially in the coming months, driven by increased renewable generation and lower wholesale costs.

Shell profits hit £5.1bn despite energy market pressures

Energy giant Shell reports third-quarter profits of $6.2 billion, defying expectations despite lower gas prices and refining margins. Discover how trading operations and LNG performance drove these impressive results.

Shell profits hit £34bn as production soars

Energy giant Shell reports staggering profits exceeding $43 billion, driven by unprecedented production highs in Brazil's offshore fields and Gulf of Mexico operations, sparking renewed debate about windfall taxes.

Trump-Xi Trade Deal Fuels Oil Surge & Market Rally

Global markets surge as Trump and Xi announce landmark trade agreement, sending oil prices skyrocketing while Shell posts staggering £7.4 billion quarterly profit amid energy sector boom.

UK Energy Debt Hits £3 Billion Crisis Point

New Ofgem data reveals Britain's escalating energy debt crisis with households owing £3 billion to suppliers. Discover how rising standing charges and vulnerable customers are struggling amid the cost-of-living emergency.

Octopus Energy's £20 Trick to Cut Heating Bills

Energy giant Octopus reveals how moving your radiator controls could dramatically reduce heating costs this winter. Discover the easy hack that takes seconds but could save you hundreds.

EDF's Power Move: Save £150 on Energy Bills

EDF unveils innovative 'Power Move' tariff offering substantial savings for customers willing to shift electricity usage away from peak hours. Find out if this flexible pricing plan could cut your energy costs.

SNP urged to end nuclear ban amid energy crisis fears

A leading economic think tank urges Scottish government to reconsider nuclear energy ban, warning current renewable strategy risks leaving Scotland in the dark and damaging economic competitiveness.

Starmer: Green energy switch may raise bills first

Prime Minister Keir Starmer confronts political reality as he acknowledges his flagship green energy transition may temporarily increase household costs before delivering long-term savings.

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