UK politics Budget 2016: £1billion package to help North Sea oil and gas industry By Andrew Clark March 16 2016, 3:01 pm March 16 2016, 3:01 pm Share Budget 2016: £1billion package to help North Sea oil and gas industry Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/politics/uk-politics/863440/budget-2016-1billion-package-help-north-sea-oil-gas-industry/ Copy Link Chancellor of the Exchequer George Osborne delivers his Budget statement to the House of Commons George Osborne has announced a package of measures worth £1billion to help the North Sea oil and gas industry. The Chancellor has scrapped the Petroleum Revenue Tax and cut the Supplementary in half to 10%. For more on the story, visit our sister website, Energy Voice.
