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Transcripts for BBCNEWS World Business Report 20240604 05:40:00

On show for south africa s president, people continue to feel the financial pinch. the government announced further windfall taxes on oil companies and other energy suppliers last week in the autumn statement to help fund financial aid to struggling households. but shell s uk country chair, speaking at the cbi conference, says if the oil giant is going to be taxed more it will now have to evaluate its investment plans in the uk. lets talk this through with sunaina sinha haldea global head, private capital at investment bank raymond james. good to see. so, this is exactly what was the concern and the argument against so called windfall taxes is if you tax the big oil companies and other providers, they won t be investing in the future of renewable energy, etc, etc, and he was the threat coming yesterday in the cbi conference.- yesterday in the cbi ....

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