Extracts from Parliamentary proceedings: Shell - May 9

Wednesday, 10 May 2023 08:32

Extract from oral answer (Lords) on Energy Profits Levy Lord Livermore (Lab): My Lords, the Government’s energy levy leaves billions in excess profits on the table while many households struggle through an unprecedented cost of living crisis. Only last week BP announced quarterly profits of over £6 billion while Shell recorded a quarterly profit increase of 22%, handing a further £5 billion to shareholders and now allocating more to dividend payments alone than to...Request free trial