Member Article

Survey results: Did fuel plan go too far?

UK government ministers last week said they would not reverse the Budget decision to raise North Sea oil taxes.

Industry heads are angry at the surprise windfall tax on North Sea profits announced by Chancellor George Osborne last week.

The move has “severely damaged investor confidence”, according to Malcolm Webb, head of industry body Oil and Gas UK.

On Friday was asked you whether you think oil and gas firms have been unfairly treated by the Government in light of its North Sea tax hike, with 72% answering ‘no’.

Join us on LinkedIn to have your say on the issue.

This was posted in Bdaily's Members' News section by Ruth Mitchell .