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Scottish Conservatives Rebel Against Jeremy Hunt's North Sea Tax Attack

Charles Windsor
Charles Windsor

Published: May. 4, 2024

Scottish Conservatives Rebel Against Jeremy Hunt's North Sea Tax Attack
Oil and gas investors are walking away from investing because of the levy on windfall energy profits, warn party figures north of the border

The Scottish Conservatives are in a state of internal rebellion directed at the Chancellor, consequent to his declaration of a prospective extension of the windfall tax imposed on the North Sea oil and gas behemoths. This plan, as it emerged, is projected to be in action for an additional year.

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