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Tag: BP

Ex-Shell worker Liz Truss will tax people not profits while borrowing billions

7 September 202219 January 2024Political Fiber0

Former Shell worker Liz Truss has ruled out extending the windfall tax on energy companies’ £180 billion profits to help pay for her £130 billion plan to tackle soaring energy bills fuelling the UK’s cost of living crisis. Instead, Truss will borrow the eye watering amount, with taxpayers having to pay back the debt – […]

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Military may be called up to deal with UK’s supply chain crisis as petrol stations close

24 September 202119 January 2024Political Fiber0

Transport secretary Grant Shapps said he will “move heaven and earth” to fix the UK’s supply chain crisis and may draft in the military to deal with the lorry driver shortage that has seen some petrol stations close and others ration supplies. Esso, BP and Tesco have all reported issues at their filling stations caused […]

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New Black Monday for FTSE 100 – £124bn wiped off shares

9 March 202019 January 2024Political Fiber0

London’s stock market has plummeted amidst fears of a global recession caused by the coronavirus with £124 billion wiped off the value of the FTSE 100 blue-chip index. The FTSE 100 closed 7.69% down on Monday – the fifth biggest single day fall in the index’s 36 year history and its worst drop since the […]

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