Shell has ignited fresh controversy after announcing staggering profits, drawing fierce criticism from campaigners and politicians as households grapple with soaring energy bills. The oil giant’s financial success has reignited calls for a windfall tax, with activists staging protests outside its London headquarters.
Corporate Giants Post Strong Earnings
Meanwhile, Rolls-Royce and Unilever have also reported robust earnings, further fueling debates over corporate responsibility during economic hardship. Rolls-Royce’s turnaround strategy appears to be paying off, while Unilever benefits from price hikes passed on to consumers.
US Federal Reserve and Trump’s Trade Policies
Across the Atlantic, the US Federal Reserve has hinted at potential new tariffs under former President Donald Trump’s trade policies, raising concerns over escalating global trade tensions. Economists warn that such measures could exacerbate inflation and disrupt supply chains.
Public Outcry Over Corporate Profits
Protesters outside Shell’s offices brandished signs condemning corporate greed, demanding immediate government intervention. "These profits are a slap in the face to families struggling to pay their bills," said one demonstrator.
With the cost-of-living crisis showing no signs of easing, pressure is mounting on policymakers to hold big business accountable.
