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Swinney ‘Very Concerned’ by Reports of BP Considering Leaving North Sea
BP considers selling its U.K. North Sea operations, while Scottish politician John Swinney criticizes the UK Government's windfall tax, citing economic damage.
- On Saturday, First Minister John Swinney expressed he is "very concerned" by reports that oil giant BP has initiated an internal review of its North Sea operations, Bloomberg reported.
- Swinney blamed the United Kingdom Government's energy profits levy for driving the potential departure, telling the Prime Minister the tax causes "significant economic damage" to Scotland and accelerates sector decline.
- UK Energy Secretary Miliband previously described BP's tripled first-quarter profits as "morally and economically wrong" in a now-deleted social media post earlier this year.
- FoE Scotland campaigns manager Rosie Hampton argued it is "obscenely unjust" to scrap the tax, claiming BP is making billions while ordinary people struggle with rising energy bills.
- Swinney further claimed the Prime Minister is distracted by personal failures, including the scandal surrounding Lord Peter Mandelson, preventing the Labour Government from protecting Scottish jobs.
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15 Articles
Evening Standard+5 Reposted by 5 other sources
Swinney ‘very concerned’ by reports of BP considering leaving North Sea
Reports suggest the oil giant is considering its position in the North Sea.
·London, United Kingdom
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Coverage Details
Total News Sources15
Leaning Left4Leaning Right3Center3Last UpdatedBias Distribution40% Left
Bias Distribution
- 40% of the sources lean Left
40% Left
L 40%
C 30%
R 30%
Factuality
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