Analysis reveals Reform UK would have received only 15% of its donations if a £100,000 cap was in place. The party relies heavily on a few wealthy backers, unlike Labour, Conservatives, and Lib Dems, who would be less affected.
Analysis suggests Reform UK would have received only 15% of its donations if a £100,000 cap was in place. The party relies heavily on a few wealthy backers, with two billionaires accounting for 71% of its income last year. Other major parties would be less affected.
Analysis suggests Reform UK would have received only 15% of its donations last year if a £100,000 cap was in place. The party relies heavily on a few wealthy backers, unlike Labour, Conservatives, and Lib Dems, who would be less affected by the proposed limit.
Analysis suggests Reform UK would receive only 15% of its donations if a £100,000 cap was in place, highlighting reliance on wealthy backers. Other parties would be less affected.
Rolling coverage of the latest economic and financial newsClimate campaigners attack Shell over ‘windfall’ profits from Iran warDanny Gross, climate campaigner at Friends of the Earth, says Shell’s profits are ‘indefensible’, after the company doubled its quarterly earnings to $6.9bn this morning.Gross says:“Once again, fossil fuel giants are pocketing monstrous profits while drivers are being squeezed at the petrol pump and households are set to pay higher energy bills.“Our fossil fuel-reliant energy system siphons money away from ordinary people to the rich and powerful.“In the twenty-first century we have cheaper, cleaner alternatives that we can use to power Britain without anybody being bombed. We don’t need to let the fossil fuel industry hold us to ransom and pass on the costs of endless wars and limitless pollution.The cost of living crisis, the climate crisis, the middle-east crisis, these are all oil industry operating costs. We need to stop subsidising them, introduce new taxes to make them pay and start taxing their obscene profits properly.”Adjusted Earnings, compared with the fourth quarter 2025, reflected higher contributions from trading and optimisation mainly impacting our Downstream, Renewables and Energy Solutions businesses, higher realised prices, higher refining margins, lower operating expenses and higher Lubricants margins, partly offset by lower volumes.“While people around the world struggle with soaring energy costs, Shell is raking in billions in added profit. The same crisis that is driving these windfalls is pushing millions closer to hunger and hardship.“Governments must act now to tax these excess profits and use the money to protect vulnerable households and expand affordable, homegrown renewable energy. Continue reading...
