Wednesday, 21 January 2015
SNP MP for Banff & Buchan, Dr Eilidh Whiteford, has called on the UK Government to take urgent action on tax in order to protect North Sea jobs, in a debate held in Westminster this week.
In a debate at Westminster, Dr. Whiteford called for the UK Treasury to immediately act on the tax regime for North Sea oil and gas companies to encourage investment. Speaking after the debate, Dr. Whiteford commented:
“The North Sea has suffered from an unstable and unpredictable fiscal regime for decades and companies now need urgent action in order to avoid the premature decommissioning of assets and the loss of highly skilled workers.
“Successive Westminster governments have been quick to squeeze the industry at any opportunity, but when support is needed they are far slower off the mark.
"A strong team of SNP MPs after the General Election will ensure that the needs of the sector cannot be put on the back burner, and that Westminster takes the action that is needed to protect jobs in the sector.”