Part of Scotland – in the House of Commons at on 25 February 2026.
Douglas Alexander
The Secretary of State for Scotland
First, I respectfully remind the hon. Gentleman that it was the Conservatives who brought in the energy profits levy in 2022. Oil and gas will be a central part of the energy mix in the UK for decades to come, but it is also right to recognise that there is a transition that needs to be managed and there was an abject failure by the previous Government to manage that transition. The Chancellor confirmed at the Budget that we are ending the EPL on
The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.
The Conservatives are a centre-right political party in the UK, founded in the 1830s. They are also known as the Tory party.
With a lower-case ‘c’, ‘conservative’ is an adjective which implies a dislike of change, and a preference for traditional values.
