Tax rise for North Sea oil and gas could ‘kill goose that lays the golden egg’

The Finance Bill, if passed, would raise the rate of energy (oil and gas) profits levy (Andrew Milligan/PA) - (PA Wire)

Raising tax on North Sea oil and gas profits could “kill the goose that lays the golden egg” and threaten the transition to net zero, an MP has warned.

The SNP’s Dave Doogan claimed the Finance Bill was “a further and final attack on North Sea oil and gas, on Scotland’s natural endowment”.