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Shell reports highest profits in 115 years
Economy

Shell reports highest profits in 115 years

Angela Mundorffby Angela MundorffFebruary 2, 2023

However, firms are capable of scale back the quantity of tax they pay by factoring in losses or spending on issues like decommissioning North Sea oil platforms. It has meant that in latest years, power giants resembling BP and Shell have paid little or no tax in the UK.

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