Many of my constituents are beginning to be quite concerned about the future of the North sea oil and gas industry and exactly where the credit crunch is hitting highly geared companies' investment. The Chancellor said that he was considering ways to incentivise and increase investment in the North sea. May I emphasise the urgency of that? Will he give more indication to the House about how he is taking that forward and what time scale he sees for the delivery of such incentives?
Pre-Budget Report
Proceeding contribution from
Robert Smith
(Liberal Democrat)
in the House of Commons on Monday, 24 November 2008.
It occurred during Ministerial statement on Pre-Budget Report.
Type
Proceeding contribution
Reference
483 c515
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 23:20:34 +0000
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