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The Guardian additionally leads Shell’s revenue announcement, the very best in its 115-year historical past, which the pinnacle of the TUC union has branded “obscene”. The paper reviews that the UK authorities is below strain to rethink its windfall tax, which applies to vitality firms’ income, after Shell reported “one of the biggest profits in UK corporate history”. The story stated the UK-headquartered firm paid $134 million in British again taxes final yr.
With inputs from BBC
