United Kingdom’s Autumn Budget Brings Further Pain for the North Sea Oil and Gas Sector
On Wednesday, the Chancellor of the Exchequer of the United Kingdom, Rachel Reeves, delivered the Labour party’s first Budget since taking office, laying out her plans to “rebuild Britain” and “make every part of the country better off”. Yet, in a counterintuitive move, Reeves confirmed that the government will raise the Energy Profits Levy (windfall
Read More...