The Deputy First Minister has urged the Chancellor to scrap and replace the windfall tax on oil and gas at the next Budget.

Rachel Reeves will lay out the UK Government’s tax and spending plans next month, but the energy profits levy - which levels a tax on the profits of oil and gas firms - is due to continue to 2030.

But speaking at the SNP conference for the final time as an MSP, Kate Forbes urged the Chancellor to end the levy - which was increased last year to 38% - early.

“Labour have followed the decades old pattern of exploiting Scotland’s energy revenues by extending and increase the Tory energy profits levy, making hundreds of workers redundant and creating an unjust transition,” she said. “In a classic move by this Labour government, they accept the 78% tax rate is costing jo

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