Finance (No. 2) Bill

Part of Bill Presented – in the House of Commons at 12:48 pm on 25 March 2015.

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Photo of Ian Swales Ian Swales Liberal Democrat, Redcar 12:48, 25 March 2015

I thank the Financial Secretary. I am sure that he would accept, having looked at the business case for the changes in oil taxation, that the economic effects of the oil industry are much wider than simply the winning of oil. In particular, the engineering and manufacturing industries in the north-east of England are pleased by the moves that have been made.