MP calls for windfall tax if price-fixing in oil sector proves widespread


 

A windfall tax should be applied to the UK oil sector with the resulting revenues used to cut fuel duty, if the EC’s investigation into alleged price-fixing confirms widespread malpractice, it has been suggested. Robert Halfon, Conservative MP for Harlow and founder of the PetrolPromise.com campaign, said the EC’s decision last week to investigate a number of firms in the oil sector suggested “significant suspicion that something was going on”. He added: “If this is seen to be widespread, I […]