Take Your Trading To The Next Level. Get Started Here!

UK’s Truss pledges support for North Sea oil and gas, rejects windfall taxes

September 7, 2022 Comments Off

New UK Prime Minister Liz Truss on Sept. 7 pledged to support new development in the North Sea and reiterated her tax-cutting ambitions, saying she aimed to foster long-term security of supply and did not support further windfall taxes on industry. In her first comments to parliament since taking office, Truss promised to present measures on Sept. 8 aimed at…