Financial Times FT.com

Union chief calls for oil windfall tax

By Jim Pickard, Political Correspondent

Published: June 2 2008 06:58 | Last updated: June 2 2008 06:58

Gordon Brown has been urged by one of Britain’s most powerful union leaders to impose a large windfall tax on the billion-pound profits of oil companies – a policy which, it is claimed, could redefine his premiership and win back votes for Labour.

The government levied a windfall tax on energy companies soon after it came to power in 1997, raising £5.2bn to pay for policies to get the unemployed back to work.

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