Reeves reaffirms commitment to end windfall tax in talks with North Sea bosses

But Simon Francis, co-ordinator of the End Fuel Poverty Coalition, said: “Conflict in the Middle East and rising global gas prices show exactly why the windfall tax remains necessary, not why it should be scrapped. When geopolitical tensions push up prices, energy companies and their shareholders benefit while households face another round of higher bills from July 1.

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