BP Puts North Sea Business Up For Sale as Labour’s Tax Raid Bites
BP has announced it is putting its entire North Sea operation up for sale, a move that could bring an end to sixty years of British production in the basin, as the energy giant buckles under the weight of Labour’s punishing windfall tax. The FTSE 100 firm, which operates five rigs in UK waters, confirmed … Continue reading BP Puts North Sea Business Up For Sale as Labour’s Tax Raid Bites
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