Following £23bn in profits, it has reduced the carbon emissions targets set for 2030 to invest in more oil and gas

It claims the tax goes against what the Net Zero Strategy stands for

EDF has said it will consider the technical and business case of the potential life extension of Heysham 1 and Hartlepool nuclear plants

From July to September the company made $8.2bn

Liz Truss has reiterated her opposition to a potential extension of a windfall tax on energy companies’ profits

Experts have warned that only one path is realistic now for the new PM, a “massive stimulus package” for households and businesses

This is part of £15bn measures to tackle rising energy prices and the cost-of-living