Harbour Energy to Cut 100 UK Jobs After Windfall Tax Retained

Bloomberg.com · last updated December 2, 2025 – 4:42 AM

Harbour Energy Plc, one of the largest independent oil and gas firms in the UK, expects to cut another 100 jobs after the government decided to keep a windfall tax on North Sea producers.

The Labour government last week said it plans to retain the Energy Profits Levy — introduced by the previous Conservative administration in 2022 — until March 2030. That was blow to oil and gas producers, which had been pushing for faster change to the tax to unlock investments, boost production and keep jobs.

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