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Shell faces backlash for ‘destructive’ resolution to desert oil discount plans

Fossil gas large Shell has been accused of an “utterly destructive” resolution because it determined to cease lowering the quantity of oil it produces till 2030 as a part of a plan it hopes will enhance its share value.The firm on Wednesday dropped its...

Labour backtracks on £28bn inexperienced prosperity plan

Labour has backtracked on its £28 billion inexperienced prosperity plan in a bid to underline its dedication to “financial stability”.Shadow chancellor Rachel Reeves mentioned drastic adjustments to the financial backdrop over the previous two years imply the occasion’s full spending pledge needs to be...

Government accused of giving in to grease and fuel giants with windfall tax change

The Government has been accused of “bowing to pressure from oil and gas giants” by saying that it's going to take away the windfall tax ought to the value of the commodities proceed to fall.Ministers mentioned they might slash the present 75% tax on...