Corporation tax treatment of the oil and gas industry

Part of Finance Bill – in the House of Commons at 8:15 pm on 5th September 2016.

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Photo of Callum McCaig Callum McCaig Shadow SNP Westminster Group Leader (Energy and Climate Change) 8:15 pm, 5th September 2016

One of the things to support the oil and gas industry that the Government have talked about is offering loan guarantees to companies experiencing financial stress. Will the Minister tell the House how that process is going and how many companies have received loan guarantees?