That was precisely the point of my illustration about Apache and the Forties field. It wants to invest, and I believe it will continue to invest, but it is actively reviewing the extent to which it will invest in the light of these tax changes, which clearly make the investment less attractive.
Finance (No. 3) Bill
Proceeding contribution from
Lord Bruce of Bennachie
(Liberal Democrat)
in the House of Commons on Tuesday, 3 May 2011.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Finance (No. 3) Bill.
Type
Proceeding contribution
Reference
527 c589
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2023-12-15 16:27:55 +0000
URI
http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_739584
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_739584
In Solr
https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_739584