Energy firms call for windfall tax to fall with prices

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Energy firms call for windfall tax to fall with prices
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Energy firms call for windfall tax to fall with oil and gas prices

Oil and gas prices have now come down from their highs.

"If this tax is changed, as conditions and prices have changed, that would be a positive move that would go some way to start rebuilding confidence," he said. It comes as the government is expected to set out measures to boost the UK's energy security on Thursday. The Financial Times reported that ahead of this, ministers have been holding talks with energy firms about adjusting the windfall tax if oil and gas prices dropped below a certain level.

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