The UK’s oil and gas sector has raised alarms over the government’s proposed increase in the windfall tax, with warnings that it could stifle investment and negatively impact the economy. Offshore Energies UK (OEUK) has voiced concerns that the upcoming rise in the Energy Profits Levy (EPL) will lead to a significant £13bn economic loss from 2025 to 2029 and place around 35,000 jobs in jeopardy. The industry’s caution comes amid broader concerns about the UK’s business climate, as discussions about tax hikes and stricter employment rights have caused a decline in business confidence. Windfall Tax Increase: The Impact Under…
Author: Introducing Live
Bristol-based law firm Foot Anstey has made a significant addition to its leadership team by appointing Brian Johnson, formerly the finance chief at Investec Bank, as its new Chief Financial Officer (CFO). Johnson brings a wealth of experience, having spent over a decade at the FTSE-250 bank and accumulating more than 20 years of expertise in global investment banking and wealth management. During his tenure at Investec Bank, Johnson played a pivotal role in driving the company’s strategic expansion. His appointment at Foot Anstey reflects the firm’s dedication to continuing its growth trajectory and pursuing innovative opportunities within the legal…