Energy giant clashes with HMRC at UK’s highest court over £28m penalty Legal Scottish Power is to face the tax authority at the UK’s highest court over a tax deduction on a £28m penalty to settle a probe with the regulator. The legal case stems from a probe by the energy regulator Ofgem into Scottish Power between 2013 and 2016 regarding mis-selling, poor complaints handling, and a lack [...]
Probe launched into £2.1bn takeover of Electricity North West by ScottishPower owner Energy The competition watchdog has launched a probe into a £2.1bn deal to takeover Electricity North West by the owner of ScottishPower. The Competition and Markets Authority (CMA) is looking into the deal which was first announced by Iberdrola in August last year. The watchdog said it was investigating whether the deal may affect competition in [...]
ScottishPower: Court grants appeal against HMRC over £28m tax bill Legal Energy giant ScottishPower has been granted an appeal to allow it to deduct £28m in fines by Ofgem for corporation tax purposes
