Rishi Sunak Britain Scotland action Waters Bill and Rishi Sunak Britain Scotland

Nicola Sturgeon claims oil and gas windfall tax not fair due to impact on Scottish industry

Reading now: 356
dailyrecord.co.uk

Nicola Sturgeon has claimed Scottish industry is footing the bill for the UK Government’s response to spiralling energy costs across the UK.The First Minister said the windfall tax on oil and gas firms had not been implemented fairly as the sector north of the border was carrying a “disproportionate burden”.

Chancellor Rishi Sunak bowed to pressure last week by unveiling £15bn of measures to tackle the impact of soaring inflation, which has reached a 40-year high.

Every household will get a £400 energy bill discount under a cost-of-living package partly funded by a £5bn windfall tax on oil and gas companies, many of which operate in Scottish waters.

The Tory Government had resisted a windfall tax but relented after pressure by Labour, while the SNP are also sceptical of a standalone tax on one industry.

Read more on dailyrecord.co.uk
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA