UK slaps windfall tax on oil and gas giants over rising energy bills

Sunak had previously rejected the idea of ​​a windfall tax, saying that while it sounded “superficially appealing” it would ultimately deter investment. Leon Neal | Getty Images News | Getty Images LONDON – UK Finance Minister Rishi Sunak has imposed a windfall tax on oil and gas majors as the government scrambles to alleviate the … Read more

UK’s Johnson faulted for lockdown parties but won’t quit

LONDON (AP) – An investigative report released Wednesday blamed British Prime Minister Boris Johnson and other senior leaders for allowing boozy government parties that broke the UK’s COVID-19 lockdown rules, and while Johnson said he took “full responsibility” for the breaches, he insisted he would not resign. Revelations that Johnson and his staff repeatedly flouted … Read more