The Scottish Conservative party is facing backlash for leading a debate on supporting the oil and gas sector amidst disagreements over windfall taxes. Douglas Ross opposed an extended levy, while the SNP criticized the allocation of funds from Westminster. Harbour Energy and other firms are affected by the UK tax regime, with profits impacted by windfall taxes.
'On the windfall tax are you against it or for it?' Drew Hendry, SNP economy spokesperson, spoke to #BBCBreakfast about the UK Budget statement which included an extension to the windfall tax on oil and gas firms until 2029 https://t.co/v6dJalbevy https://t.co/Rn01lh4pDi
#UK's Harbour flags stable North Sea oil and gas output, BP West of Shetland plans #oott https://t.co/xFmHMQKtVX
Harbour Energy's $32 mln annual profit curbed by Britain's windfall tax https://t.co/fLhN1RR8nI https://t.co/82TeN9RCqD
UK's largest independent North Sea producer. 'Windfall tax' has just been extended. https://t.co/QxvYMTFMhb Why is it still in place? Gas and oil prices are way below where they were when the tax was introduced. https://t.co/Ngi2H1sxsQ https://t.co/i438wFRUEa
Harbour Energy saw more than half a billion dollars wiped from its balance sheet due to the UK tax regime. #HBR #OOTT @Harbourenergy https://t.co/NqhQ9mUdcw
Scotland's papers 📰 Tory budget row over oil tax https://t.co/fIQWElxQu5
Scotland's papers: Tory budget row over oil windfall tax https://t.co/LHXQQz5vjG
🔴 SNP urged to reverse ‘savage cuts’ after Chancellor hands Scotland extra £300m https://t.co/UIwpwNwVsV
Scottish Tory rebellion over North Sea windfall levy https://t.co/XBpjDHwJD8
Scotland, Wales and Northern Ireland get an extra £560million from Westminster in Jeremy Hunt's Budget - but SNP complains its £300million share is not enough https://t.co/gtoC2cBnIQ https://t.co/mBsk4ef4oQ
Inside Sunak’s public row with Scottish Tory boss over oil windfall tax Douglas Ross told PM he was against extended levy ‘in no uncertain terms’, as he vows to vote against Budget move https://t.co/Ihg9SdHcJL
It's been pointed out to me by livid Scottish Tories that *today* Holyrood Conservatives are leading a debate on "backing Scotland's oil and gas sector" Not ideal timing... https://t.co/VfW2QfC9Hf