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Evening Standard
Evening Standard
Politics
Craig Paton

Chancellor says she does not believe 1,000 jobs being axed a month in North Sea

Robert Gordon University Rachel Reeves Grangemouth Offshore Energies UK
The Chancellor spoke to journalists in Grangemouth following a funding announcement on Wednesday (Steve Welsh/PA) - (PA Wire)

Chancellor Rachel Reeves has said she does not believe 1,000 jobs are being lost in the North Sea every month as a result of UK Government policy.

Representatives of the oil and gas sector, including Offshore Energies UK (OEUK), have raised the alarm over the sector’s prospects in recent years, pointing to the windfall tax on profits as one of the key measures discouraging investment and endangering jobs.

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