Energy Profits Levy: Gas Sector

Part of Scotland – in the House of Commons at on 25 February 2026.

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Photo of Andrew Bowie Andrew Bowie Shadow Minister (Energy Security and Net Zero), Shadow Secretary of State for Scotland

The Secretary of State talks about global markets. Supporting the Scottish oil and gas industry supports 90 times more jobs than imports. Supporting the oil and gas industry yields 150 times more income tax and national insurance revenue than imports. Supporting the Scottish oil and gas industry delivers 400 times more oil and gas company taxes than imports, and supporting the Scottish oil and gas industry has a gross value added of £96 million for the UK, compared with zero from imports. Everyone else understands it. Will the Secretary of State please explain to everyone in the country what on earth the Government are playing at?

Secretary of State

Secretary of State was originally the title given to the two officials who conducted the Royal Correspondence under Elizabeth I. Now it is the title held by some of the more important Government Ministers, for example the Secretary of State for Foreign Affairs.