BP profits soar as calls for windfall tax grow

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The energy giant said underlying income hit $6.2bn due to “exceptional oil and gas trading”. …

Labour leader Sir Keir Starmer told the BBC that BP’s profits – which beat analysts’ expectations of $4.5bn – “reinforce the case that we’ve been making which is that, with so many people struggling to pay their energy bills, we should have a windfall tax on oil and gas companies in the North Sea who have made more profit than they were expecting”.

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