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World

A windfall tax on oil giants would harm – not help – pensioners

8 February 2022

11:35 PM

8 February 2022

11:35 PM

Look up this year’s performance of the shares and bonds which make up your pension fund and you will see that BP and Shell are the rare chinks of light. BP is up 15 per cent and Shell up 20 per cent, with both enjoying bumper profits on the back of high oil and gas prices.

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