UK PM spokesperson says Chancellor Reeves will inform the energy industry that she still intends to end the energy profits levy, EPL, and instead have a more predictable scheme
The UK PM spokesperson's announcement about Chancellor Reeves' intentions to end the energy profits levy signals a significant regulatory shift for the energy sector.
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UK PM spokesperson says Chancellor Reeves will inform the energy industry that she still intends to end the energy profits levy, EPL, and instead have a more predictable scheme
ECB's Rehn says inflation expectations over the medium-term remain close to target, reiterates meeting-by-meeting guidance
US Secretary of War Hegseth says America is winning with regards to Iran; says more US forces will be arriving; US will take all the time it needs to ensure success
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By moving towards a more predictable scheme, it may enhance investor confidence and potentially lead to increased capital inflows into energy companies like BP and Shell, impacting their share prices positively in the short term.
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