RE: On the bright side ...24 May 2024 22:51
TerryM1, I'm invested in all 3 of SHEL, BP and HBR and see the way the Tories have taxed the UK domestic Oil and Gas cos, but what confuses me, maybe naively because 'fairness' in life is a strong principle of mine, is how they can do that without any conscience because, after all, isn't that what sociopaths do ?!! I understand them trying to operate with some level of fairness v consumer costs, eg tax them enough, but also allow them to have reasonable profits (which after all is why they exist). But to bankrupt businesses because of one's policies shows how really nasty the various decision makers are, and indeed how nasty their spouses also are as why would they be with them otherwise. Bankrupting businesses can also cause much hardship for their employees and suppliers, etc..., without even mentioning shareholders and other creditors. I'm sure the bankruptcies are simply seen as collateral damage, the politicians' way of dealing with things. Personally, if Labour does screw the Oil and Gas companies for their UK profits, I hope SHEL, BP, HBR and others leave the Oil and Gas part of their UK operations.