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...The white paper is expected to usher in a statutory levy on some gambling companies to fund public health initiatives and introduce stake limits on bets....
...He said Labour would use such a levy to freeze council tax for a year....
...The British government last year angered the oil industry by introducing a windfall tax, although the “energy profits levy” includes generous investment tax breaks....
...The leader of the Liberal Democrats, Ed Davey, responded to the news of Vitol’s profits by calling for the UK’s windfall tax to be extended to energy traders....
...We asked Ed Morse, Citi’s veteran head of commodity research and a bearish voice in a thicket of market bulls....
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...profits levy until early next year....
...He has also been examining extending the levy to electricity generation companies....
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