The European Union Sets to Rake 140 Billion Euros From a Windfall Tax on Energy Companies

The EU is reportedly set to raise 140 billion euros from a windfall tax on energy companies' abnormally high profits. Prime Minister Liz Trost has ruled out such a move here because it would undermine the national interest. I for one find it disappointing that these energy companies are so easily discouraged. Come on, Shell, BP, the rest of you, don't just give up at the first sign of adversity. Let's have some of that famous British stiff upper lip. You can do it. Don't dig in.