Orders of the Day — Advance Petroleum Revenue Tax Bill

Part of the debate – in the House of Commons at 4:18 pm on 1st December 1986.

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Photo of Dr Michael Clark Dr Michael Clark , Rochford 4:18 pm, 1st December 1986

Having spent many years in manufacturing industry before coming to the House, I agree with much of what the hon. Gentleman says and I am saddened at the decline in our manufacturing base.

Does he agree, however, that the oil industry, and especially the technology developed for the North sea, has created a manufacturing sector in its own right which will stand us in very good stead in decades to come?