BP and Shell’s massive earnings have re-ignited proposals for a windfall tax to combat fuel poverty
Pressure is mounting on the UK government to slap a temporary tax on the earnings of the country’s largest oil firms to assist families cope with rising energy costs. BP (BP) reported earnings on Tuesday, showing a nearly $12.9 billion yearly profit. A “momentous” year for Shell (RDSA) resulted in a profit of $19.3 billion…