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The Guardian - UK
The Guardian - UK
Business
Alex Lawson

INSANE: Bumper bp profits reignite debate over tougher windfall tax | Rare Historical Photos

BP logo of BP is seen at a petrol station
BP has been in the crosshairs of green campaigners after it scaled back its climate goals earlier this year. Photograph: Arnd Wiegmann/Reuters

Bumper profits at BP have been labelled “heinous” and sparked renewed calls for a tougher windfall tax, after the oil and gas giant recorded one of its best ever starts to the year while Britons struggled to pay high energy bills.

The energy company said its underlying profits reached $5bn (£4bn) in the first three months of the year, outstripping analysts’ forecasts of $4.3bn.

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