Taxing the profits made by UK lenders from their holdings at the Bank of England would threaten financial stability and drive up mortgage costs for households, top BOE officials said.
“I’ll make oil companies like Exxon pay a tax on their windfall profits, and we’ll use the money to help families pay for their skyrocketing energy costs and other bills,” Obama said a few months ago ...
The EU has received a third 1.6-billion-euro ($1.9 billion) tranche in windfall profits from frozen Russian central bank assets and will allocate 95% of it, over 1.5 billion euro ($1.7 billion), to ...
The energy regulator should ease bill payers’ debt by using some of the £4 billion made by network firms in windfall profits, MPs have said. In a report released on Wednesday, the Energy Security and ...
MPs from across the political spectrum are warning that the UK's windfall tax on oil and gas profits is tipping the North Sea ...
In this paper, we calculate the excess profits of energy and fossil fuel companies in the EU during the energy crisis on 2022-2023. A windfall tax on these profits was adopted, which we find could ...
Given the sharp increase in electricity prices across Europe this year, it is no surprise that politicians and policymakers are considering new measures to skim off corporate profits that are seen to ...
President Joe Biden on Monday accused oil companies of “war profiteering” as he raised the possibility of imposing a windfall tax on energy companies if they don't boost domestic production. Biden in ...
In a post on X, DeSantis called out the “suspiciously-timed” stock trades that seem to “generate windfall profits,” which he says has become a feature of the modern Congress. He also highlights the ...