Some of Britain’s biggest electricity generators believe they should be subjected to a windfall tax rather than being pushed into signing cut-price power supply contracts this winter. The idea of a one-off levy is gaining popularity amid fears that other proposals for tackling excess profits may be too complex to implement at short notice and could be even more damaging, according to industry executives. Rising gas prices have inflated wholesale electricity prices, pushing up energy bills and resulting in windfall … read more »
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