The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Starmer and crew are just virtue signalling for votes. Energy already taxes to 65% and make a fraction of their revenue in UK. Amazed how many don’t do basic research but nothing new as makes headlines. Tomorrow should be spectacular apart from the moaning. Folks need to be mindful that a multinational energy company make more than a tenner lol
Re: Windfall Tax
Great to see this votes down as wouldn’t achieve much in a global economic crisis. Unfortunately we just have to weather is out. Short term solutions do more damage than good. Batten down the hatches! GLA DYOR
Sounds positive. Won’t be a windfall tax as that’s too short term. I suspect we are about to see proper government support for new fields in the North Sea plus more encouragement for diversifying into renewables of which Shell/BP on well on that journey. GLA. DYOR
Yeah not a massive issue as only 10% off bottom line. Will be more than offset by current prices. One of the risks you accept with more riskier ventures. We will need to lean on our oil companies more and more to reduce external reliance for energy. Coal could make a return in this climate ?????