News about Mel Smith

Liz Truss said she was against'levying a levy on energy companies, which could discourage investment. "I think it's the wrong thing to be putting businesses off investing in the United Kingdom," Prime Minister Theresa May said. Her remarks boosted investors' spirits, many of whom were concerned that the tax would be used to finance her energy expenditures. Earlier this year, the government had introduced a 25-cent windfall levy on oil and gas exporters.