Oil activities: tariff receipts etc

Part of Finance (No. 2) Bill – in a Public Bill Committee at 12:30 pm on 11 January 2018.

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Photo of Mel Stride Mel Stride Financial Secretary to the Treasury and Paymaster General 12:30, 11 January 2018

I thank the hon. Lady for her recognition of the moves that we are making on transferable tax history. I agree that they are important for the sector, particularly given its current state of development. It is important to make sure that we keep the oil industry going in her part of the country. On her question about the oil and gas ambassador, I will make inquiries and come back to her. In terms of industrial strategy, as I mentioned in detail in my opening remarks, her part of the world and the oil and gas sector are extremely important to the Government and will remain so.