ABERDEEN CRUMBLES UNDER UK’S WINDFALL ENERGY TAX
https://media.zenfs.com/en/oilprice.com/8eb5cc782a905a3bce89f84a8d145e83
✍️ Aberdeen, Scotland's oil capital, is struggling due to the war in Ukraine, energy crisis, and windfall tax, leading to job losses and a decline in the local economy.
👉 Aberdeen, Scotland's oil capital, is struggling due to the war in Ukraine, energy crisis, and windfall tax. 👉 The UK government's decision to increase the tax on oil and gas firms to 78% has led to a lack of investment in the North Sea. 👉 Many skilled workers are leaving the region due to a lack of investment and uncertainty about the future of the industry. 👉 The government's plans to ban new field development and remove the 29% investment allowance on oil and gas operations have stifled investment in the UK North Sea.
-- #ChrisComfort #DavidWhitehouse #KeirStarmer #RussellBorthwick #FindlayAnderson #Aberdeen #Scotland #Ukraine #PersianGulf #Grangemouth #Humberside #Teesside #Tyneside #EastAnglia #NorthWest #energy
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