Oh Dear.......

[ToraToraTora]

https://www.bbc.co.uk/news/business-64113398
....it seems not everyone will take profit larceny lying down!

[douglas9401]

Some might see it as two dubious organisations going head-to-head over who is the slimiest and greediest.

Brown envelopes will solve any problems eventually.

[New Judge]

//"Whether we invest here primarily depends on how attractive and globally competitive Europe will be," Exxon spokesperson Casey Norton told the Reuters news agency.//

A statement that the UK government would do well to heed. Of course, many on here would be pleased to see the EU confiscate company profits in such a manner and yearn for us to rejoin so that we could be part of it.

[ToraToraTora]

It's the socialist way judge, stifle wealth creation for short term money grabbing.

[ZebuSanctuary]

One wonders the impact a windfall tax will have on those pension funds which have heavily invested in the oil and gas sectors, not to mention, those shareholders that depend on dividends to make up their annual household incomes?

[Togo]

The Euro is in a desperate, even terminal state due to the debt ramped up by some of the "member states" If Germany does not bail them out then the currency will likely crash in 2023 and if they cannot get their hands on this "windfall tax" then the day is hastened. If windfall profits are not acceptable then why should windfall taxes be applauded?

[youngmafbog]

Hardly surprising for some of us. I seem to recall being derided for suggesting Companies could react in this way.

The problem is of course would they cut tax if the companies had a lean year? And what about the constant net zero which is Governments trying to wreck their business.

[youngmafbog]

Not sure I believe you Togo, after all Hymie has been telling us how wonderful the EU is ;-)