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UK lifts electricity windfall tax to speed up gas price delinking

By Frank Prenesti

Date: Tuesday 21 Apr 2026

(Sharecast News) - UK electricity generators will face higher windfall taxes as the government pushes for them to accept fixed-price contracts as it accelerates efforts to protect consumers from gas market shocks amid the energy cost spike caused by the Iran war.


Generators will pay 55% tax on...

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