Shell under fire over ‘outrageous’ profits after boost from soaring oil prices

Simon Francis, coordinator of the End Fuel Poverty Coalition, said: “Shell’s results prove what every household knows: that the Middle East conflict is driving profits for energy firms while families across Britain dread the next bill landing on their doormat.

“But while the profits of North Sea oil and gas giants soar and the cost of living keeps rising, these same companies are actively lobbying against windfall taxes and calling for tax cuts.

“What will make a real difference to energy bills is breaking the link between electricity prices and gas markets, accelerating home insulation and clean heating while ensuring that the billions in profits made during this crisis are taxed and used to provide proper support for the households who need it most. That is the only route out of this continuous energy crisis.”