UK Government to hand out oil and gas licenses under new plans

Opposition politicians say it's a 'political stunt' and will do nothing to bring down energy bills

Oil and gas licences in the North Sea will be handed out every year under new UK Government plans.

The changes, expected to be announced in the King’s Speech tomorrow, will see production licences awarded annually under new legislation.

The Prime Minister says the move will ensure the UK’s future energy security.

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