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Vitality giants might be informed tomorrow to pour billions of kilos extra into North Sea fuel and offshore wind tasks in the event that they need to escape a windfall tax on earnings.

Kwasi Kwarteng, the enterprise secretary, will inform the heads of BP and Shell that he expects extra agency commitments to spend money on Britain because the “quid professional quo” for presidency help for renewable vitality and North Sea drilling.

Downing Avenue at this time backed Rishi Sunak’s menace to have a look at a windfall tax if firms did not spend money on serving to the nation produce extra of its personal vitality, whereas stressing that the plan is unlikely to occur.

However ministers are placing a tougher tone as they really feel vitality firms have been gradual to make particular commitments to

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