Labour plans will lead to job losses says energy sector

Today Sir Keir Starmer insisted after a visit to Aberdeen last year - industry are onboard

‘Our worst fears have been realised’.

The words of an energy industry boss as he warns that more than 40,000 jobs could go if Labour’s windfall tax plans go ahead.

Yesterday, the party said they would increase and extend the levy – and close what they called investment loopholes in the tax.

Today, OEUK said they believe the proposals could be the end to significant investment in the North Sea.

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