News · 24 March 2026

UK Keeps Windfall Tax as Energy Prices Surge

UK households remain exposed to volatile fossil fuel markets as the government keeps the windfall tax in place. Ministers say expanding North Sea drilling would not reduce energy bills, as oil and gas prices are set on international markets. The Conservatives want to scrap the windfall tax and approve the Rosebank and Jackdaw fields.

By BriefTea Editorial · 24 March 2026 at 12:24

Reported by The Guardian · How we write briefs

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