--The U.K. government could scrap its windfall tax on the oil-and-gas sector one year earlier than planned, but is seeking assurances from the sector that it would result in new investment and jobs, the Financial Times reports, citing unnamed sources.
--The country's finance chief Rachel Reeves could use her fiscal event in November to end the energy profits levy in March 2029, rather than 2030, the report says.
Full story: https://shorturl.at/iG7ZP
Write to Adam Whittaker at adam.whittaker@wsj.com
(END) Dow Jones Newswires
October 30, 2025 04:39 ET (08:39 GMT)
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