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Evening Standard
Evening Standard
Politics
Katrine Bussey

Rejecting Rosebank and Jackdaw could cost UK economy £10.8 billion, report warns

Failure to approve the controversial Rosebank and Jackdaw oil and gas fields could cost the UK economy (Jane Barlow/PA) -

Failing to approve the controversial Rosebank and Jackdaw fields in the North Sea could cost the UK thousands of jobs a year, a new report has warned, along with a loss to the economy of almost £11 billion over the next decade.

Research for Adura – the company behind both the Rosebank oil field and the Jackdaw gas field – finds that the “UK North Sea stands at a critical juncture”.

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