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Published 1 year ago

Sir Jim Ratcliffe warns of North Sea energy 'death' due to UK windfall tax

Summary by Ground News
The owner of the largest pipeline system in the North Sea has warned the future of domestic production is in doubt due to the severity of UK windfall taxes.

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The TelegraphThe Telegraph

North Sea 'taxed to death', warns Sir Jim Ratcliffe

Billionaire claims windfall tax threatens Britain's energy security

1 year ago·London, United Kingdom
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Sky News UKSky News UK

Sir Jim Ratcliffe warns of North Sea energy 'death' due to UK windfall tax

Britain's richest man joins other energy industry bosses in criticising the level of tax placed on North Sea oil operations.

1 year ago·United Kingdom
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The TimesThe Times

UK is taxing North Sea oil and gas to death, says Ineos owner Jim Ratcliffe

Sir Jim Ratcliffe, owner of Ineos, the petrochemicals group, has accused the government of taxing the North Sea oil and gas industry “to death” and warned that plans to invest up to £1 billion upgrading key pipelines were at risk.The billionaire, a contender to buy Manchester United football club, a

1 year ago·London, United Kingdom
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The Herald ScotlandThe Herald Scotland

Billionaire Grangemouth boss warns North Sea is being 'taxed to death'

ONE of Britain's richest men, who owns the huge petrochemical site at Grangemouth warned that the North Sea is being 'taxed to death' because of the…

1 year ago
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The ScotsmanThe Scotsman

UK’s ‘primitive’ windfall tax will drive North Sea oil and gas drillers to the US, billionaire businessman warns

Sir Jim Ratcliffe says the US has been the big winner from the UK’s higher windfall tax

1 year ago
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Financial TimesFinancial Times

Sir Jim Ratcliffe warns of North Sea energy 'death' due to UK windfall tax

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

1 year ago·London, United Kingdom
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