Posted by JOHN DONOVAN: July 7, 2023
In a truly heartwarming display of corporate compassion, Wael Sawan, the CEO of Shell, has openly mused about the possibility of abandoning the UK to make even more money elsewhere. It seems that pesky ‘windfall’ taxes imposed by the UK Government on energy firms have left poor Shell feeling unappreciated. After all, why pay your fair share when you can simply relocate and maximize your profits?
Sawan wasted no time in painting a bleak picture of the future, warning that energy prices and bills could skyrocket if China’s increased demand coincides with a cold European winter. Oh, the horror! It’s almost as if Shell’s bottom line is more important than the financial well-being of ordinary people.