UK Politics
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!ukpolitics@lemm.ee appears to have vanished! We can still see cached content from this link, but goodbye I guess! :'(
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It’s all very Yes Minister. I can hear Sir Humphrey and Bernard treating it as an irregular verb now:
“I’ve made an oversight, you have a conflict of interest, they are guilty of insider trading”
She is the scapegoat. Sunak's family gained £1b from oil companies when he issued the 100 licenses recently. This just shows they are all grifting. Some are getting more than others though.
The oil thing is particularly intriguing. If I recall correctly the costs involved in exploration work can be used to mitigate against the windfall tax (I’m not sure though - someone please check).
The BBCs take on the windfall tax. Inews did this article. Archive link. These are all well and good and explain the Tory spin on the windfall tax system. The reality is vastly different. Shell has paid no tax at all either windfall or standardised.
Weforum dug up the figures. The government introduced cop out clauses and believe it or not large companies are taking advantage of just that. Sunak's family benefit massively from oil profits, just as a matter of interest.
Thanks. How wonderful.