UK markets close in 4 hours 55 minutes
  • FTSE 100

    7,550.61
    +41.46 (+0.55%)
     
  • FTSE 250

    20,401.54
    +18.78 (+0.09%)
     
  • AIM

    933.26
    -0.85 (-0.09%)
     
  • GBP/EUR

    1.1865
    +0.0006 (+0.05%)
     
  • GBP/USD

    1.2028
    -0.0030 (-0.25%)
     
  • BTC-GBP

    20,017.55
    -189.84 (-0.94%)
     
  • CMC Crypto 200

    572.46
    -18.30 (-3.10%)
     
  • S&P 500

    4,297.14
    +16.99 (+0.40%)
     
  • DOW

    33,912.44
    +151.39 (+0.45%)
     
  • CRUDE OIL

    88.83
    -0.58 (-0.65%)
     
  • GOLD FUTURES

    1,790.20
    -7.90 (-0.44%)
     
  • NIKKEI 225

    28,868.91
    -2.87 (-0.01%)
     
  • HANG SENG

    19,830.52
    -210.34 (-1.05%)
     
  • DAX

    13,888.25
    +71.64 (+0.52%)
     
  • CAC 40

    6,583.88
    +13.93 (+0.21%)
     

UK PM says jobs and investment matter when considering energy windfall tax

British PM Johnson leaves Downing Street to take questions in parliament, in London

LONDON (Reuters) - British Prime Minister Boris Johnson said on Wednesday he must take a "sensible approach" by considering the impact on jobs and investment when asked if he supported introducing a windfall tax on energy companies.

"This government is not in principle in favour of higher taxation," Johnson told parliament. "What we want to do is take a sensible approach governed by the impact on investment and jobs, and that is the test of a strong economy."

(Reporting by William James. Editing by Andrew MacAskill)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting