Oil and gas sector call on Labour to listen to concerns

Experts say a managed transition to renewables is important if jobs are to be saved and created

The new UK Government have been warned they’ll be unable to boost growth in the economy if they continue with plans to increase the windfall tax on the oil sector.

The industry body says thousands of jobs will be at risk along with billions of pounds in investment if Labour carry out their proposals.

While Labour say they accept oil and gas will be needed for years to come, their focus will be on green investment.

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