I really hope the Iranians make a song and dance about the Geneva Convention etc etc. Deeply cynical given their record but that’s the best outcome for the pilots, Iran and the rest of the world. Tha… (View Post)

If a particular sector gets preferential tax treatment it absolutely is a subsidy. I appreciate the general public thinks of direct grants only, but there are loads of ways government can support a s… (View Post)

To extract 100%, as Badenoch suggests? Yes, billions. But I won't be unfair and take her literally on that - I guess the policy is to extract what is economically viable. The most important subs… (View Post)

... by implementing something that will reduce tax revenue now and (possibly) increase them in the future? By your own logic this is the wrong time to do it. It should have been done in 2023, because… (View Post)

You keep on spouting this £25 billion figure BigG. Not even OEUK think it would be that much - and given they are the O&G lobbyist, you should raise an eyebrow at that too. The difficulty with th… (View Post)