• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
  • Guest Content
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
No Result
View All Result
Home Politics

Rishi Sunak among ministers to have received donations from oil and gas firms

The revelation came in the week it was announced energy giants had recorded historic profits, sparking calls for an increase in taxes on energy giants

Jack Peat by Jack Peat
2023-02-13 09:22
in Politics
FacebookTwitterLinkedinEmailWhatsapp

Rishi Sunak is among ten ministers to have received more than £290,000 from oil and gas companies, Labour analysis claims.

The prime minister sits alongside Michael Gove and sacked Tory ­chairman Nadhim Zahawi in receiving money from high-profile donors operating in the sector.

His Richmond Conservative Association had £6,000 from former oil baron Alexander Temerko when the Ukrainian was a director of Offshore Group Newcastle.

Gove ’s local Surrey Heath party got £75,000 from Tullow Oil boss Aidan Heavey, while Zahawi had a £2,000 donation in 2017 to his local party from Amjad Bseisu, boss of North Sea oil firm EnQuest.

The revelation came as one of the UK and Europe’s biggest gas producers became the latest energy firm to stoke mounting anger over “grotesque” record-breaking annual profits.

Norwegian firm Equinor posted underlying earnings of 74.9 billion US dollars (£61.9 billion), more than double the 33.5 billion US dollars (£27.7 billion) it made in 2021.

On a net profit basis, it reported 28.7 billion US dollars (£23.8 billion) compared with profits of 8.6 billion US dollars (£7.1 billion) in 2021.

It follows similar mammoth bottom line profits for oil and gas giants in recent days thanks to last year’s soaring energy prices, with BP and Shell both posting record-breaking figures for 2022, at £23 billion and £33 billion respectively.

Shadow Energy Secretary Ed Miliband said: “Millions of households are looking at a 40 per cent increase.”

RelatedPosts

Sunak Zelensky snub among news items ‘leaked’ before Easter recess

Donald Trump expected to surrender next week following indictment

Donald Trump ‘indicted’ and set to be first ex-president to face criminal charge

WATCH: Lady spends 2 mins absolutely eviscerating the Tories on EVERYTHING

Meanwhile, calls for a hike in the windfall tax appear to have fallen on deaf ears.

Related: Tory Minister says Sunak, Hunt have ‘restored confidence’ in UK economy

Content Protection by DMCA.com
Tags: Rishi Sunak

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending

Elevenses: Exposing the Tories’ Deepfake Illegal Immigration Bill

Elevenses: Rishi’s Finest Hour

Elevenses: Fear and Loathing in the New Conservatives

More from TLE

White House condemns charges against couple who waved guns at protestors

I yearn to believe in the Loch Ness Monster, says Boris Johnson

#WhereIsBoris trends as UK struggles to function – best Twitter reactions

Man wakes up to Boris Johnson raiding his flat

Economist says without Brexit we ‘wouldn’t be talking about an austerity budget this week’

Trump ordered a recount in Wisconsin. It didn’t go to plan.

Piers Corbyn exploits Everard trial to protest Covid laws outside court

Politicians should take responsibility for Paradise Papers rather than point score

I Don’t Need a Billionaire to Tell Me That Corbyn is a Loser.

The King’s Series: Wine with a historical twist

JOBS

FIND MORE JOBS

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.