Tony Blair urges Labour to reverse ban on new licences for oil drilling in the North Sea

Sir Tony’s name was listed alongside high-profile
Trump administration officials (PA)

Tony Blair has called on the Labour government to reverse its ban on new licences for drilling oil and gas in the North Sea, echoing calls made by US president Donald Trump.

The former prime minister’s think tank said Sir Keir Starmer should cut the windfall tax rate on oil and gas firms, saying the government’s clean power plan is “leading the UK in the wrong direction”.

Labour has committed to plans to phase out production of oil and gas in the North Sea by restricting new licences for drilling and increasing the rate of the Energy Profits Levy.

By Athena Stavrou

Full story at Yahoo News